VW India to start assembling engines at Pune Plant - Press Release
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VW India to start assembling engines at Pune Plant - Press Release from IndianAutosBlog.com
- 1. Page 1 of 2 Volkswagen India to start assembling engines at Pune Plant in Chakan Volkswagen strengthens its commitment towards India with an additional production footprint Volkswagen India invests 30 Million Euro (INR 240 crore) in new 1.5 litre TDI diesel engine and engine assembly line Start of production at the new engine assembly line scheduled for end of 2014 New engine assembly line creates over 260 jobs Pune, 19 August 2014 - Volkswagen deepens its production operations in India with the establishment of a new diesel engine assembly line and full-fledged engine testing facility at its plant located in Chakan, Pune. With this important step, Volkswagen India will further increase the local content in the vehicles produced at this plant. The assembly of the new 1.5-litre TDI diesel engine is scheduled to commence at the end of 2014. Volkswagen India has invested 30 million Euro (INR 240 crore) in this first step of engine assembly and production of parts and components at suppliers in India. The Volkswagen Group entered India with a long term strategy and a strong focus on the domestic Indian market. Thus, step by step the company is increasing the level of localisation of the models produced at the Pune plant. Therefore Volkswagen India has invested in a new engine assembly line. The motor to be produced in India will be the new 1.5-litre TDI diesel engine that was specifically designed and developed for the Indian market and recently unveiled at the launch of the new Volkswagen Polo. It underscores the importance of the Indian market and the focus on the Indian customers’ needs. Mr. Mahesh Kodumudi, Group Chief Representative, Volkswagen Group India and President and Managing Director, Volkswagen India Private Limited said: “Our investment in this state- of-the-art engine assembly line which incorporates a sophisticated and full-fledged engine testing facility at our Pune Plant in Chakan is the next important step in strengthening our commitment towards India. With this, we take a significant leap towards enhancing our localisation in India.” The new engine assembly line will be integrated into the existing structure of the Volkswagen Pune Plant in Chakan. The line will function over a total floor space of 3,450 square meter. Over 260 additional direct jobs will be created in the Pune Plant alone, not counting the additional jobs created at the Indian suppliers who will be producing and supplying certain parts and components for this engine in India. The new line can assemble over 98,000