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In the drive to 5% target, we aim at double-digit growth in 2023: Piyush Arora, MD, Skoda-Volkswagen India

2 years ago Auto economictimes
For the Skoda-Volkswagen Group in India, 2022 has been a record year. The Group not only established its Make in India 2.0 cars with strong sales but also recorded double-digit growth for its luxury brands Audi, Porsche and Lamborghini. However, with over 20 product upgrades in 2022, the company hopes to have double-digit growth in 2023 and claim 5% share of the Indian car market. In an exclusive interaction with ETAuto, Piyush Arora, MD, Skoda-Volkswaen India, said, “Our effort in India is to gain market share. We will utilize our capacity more and more for the domestic market, though export is very important for us.” Read more at: economictimes

Tags : Skoda-Volkswagen Group indian market ŠKODA brand supply chain problems Polo hatchback mass EV produc market growth interview double-digit growth A0 segment cars

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