Current Affairs - Places - Discussion

German auto major Volkswagen (VW) Group has planned to set up a design centre in Chakan near Pune. It is aimed to expand the production capacity of the company. VW would be investing ₹8,000 crore, in phases, in the design centre, development of new models and other activities. The group is targeting to achieve a 5% market share in India by 2025, from the current 1.8%, across brands. Currently, Volkswagen has 121 dealers across 104 cities in India and it is planning to increase the number of touch points.