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VW to overhaul India business
Mint New Delhi
|September 30, 2025
Volkswagen Group is restructuring its business in India, a key growth market for the carmaker where it wants to invest more but is grappling with policy changes and growing competition, according to an internal memo reviewed by Reuters.
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The move comes as the company faces India’s biggest-ever import tax demand of $1.4 billion for allegedly evading levies, and as its market share languishes despite over two decades
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