Buoyant Czech Automotive Industry partners with India

According to estimates, the automotive industry contributes 9% to the GDP of the Czech Republic, which is well above the average of the European Union. Czech automotive industry confirmed its major role in the Czech economy through excellent results in 2017 and it was a leading contributor to the fast economic growth. Members of the Czech Automotive Industry Association (AIA) achieved stunning results. They generated 24.4% of the total sales of the Czech manufacturing industry. The exports of AIA members amounted to 21.8 percent of the Czech Republic’s total exports in 2017 ...

By Milan Touš

 Skoda Auto India proud member of Indian automotive industry

The company belongs to the longest-established car manufacturers in the world. It was founded in 1895—during the pioneering days of the automobile. Today, the company’s headquarters remain in Mladá Boleslav in Czechia. In 2017 the company delivered more than 1.2 million vehicles to customers worldwide. Skoda Auto has been a part of Volkswagen Group since 1991. Skoda Auto in association with the Volkswagen Group independently manufactures and develops vehicles as well as components, engines and gear transmissions.

Skoda Auto India started operations in November 2001 as a wholly-owned subsidiary. Skoda Auto India offers 4 models to customers in India—Skoda Superb, Skoda Rapid, Skoda Octavia and Skoda Kodiaq. While the Rapid is manufactured in Pune the other models are produced in Aurangabad factory. Skoda Auto assumes responsibility for the Indian market on Volkswagen Group’s behalf.

In July this year, both companies announced an investment of 1 billion euros towards the implementation of the ‘INDIA 2.0’ model campaign in the Indian market. To ensure the products are perfectly suited to the Indian market, Škoda Auto will set up an engineering centre in the country. All models designed and produced locally in India will be based on Volkswagen Group’s MQB platform, which already fulfils the stricter legal requirements for India that come into force in 2020.

Tags: Milan Touš