The Skoda Auto led Volkswagen Group India has announced the transformative merger of its three passenger car subsidiaries – Volkswagen India Private Limited (VWIPL), Volkswagen Group Sales India Private Limited (NSC) and Skoda Auto India Private Limited (SAIPL). The merged entity will be referred to as ‘Skoda Auto Volkswagen India Private Limited’ (SAVWIPL). The merger of three former Volkswagen Group entities is an important milestone in the ‘India 2.0’ project.
The company will be headquartered in Pune, Maharashtra, operate two production facilities in Pune and Aurangabad, and have regional offices in Mumbai, New Delhi, and other locations across the country. The entity will be led by Gurpratap Boparai, who will assume the role of its Managing Director. The company claims that the integration will make more efficient use of the existing synergies in this important growth market.
Speaking on the occasion, Bernhard Maier, Skoda Auto CEO, explains, “The operational launch of Skoda Auto Volkswagen India Private Limited marks an important milestone in the India 2.0 project. This merger creates one of the key prerequisites for working together more efficiently at all levels and achieving our long-term goal: to gain significant market shares for Volkswagen and Skoda by 2025. We will now proceed in a series of quick steps: As early as next year, we will be presenting a specific outlook for our India 2.0 model portfolio at the Auto Expo in Delhi.”
Commenting on the consolidation, Gurpratap Boparai, Managing Director of Skoda Auto Volkswagen India Pvt. Ltd., said, “With this merger, we plan to combine the technology and management expertise of our team in India and realise our true potential in a challenging, competitive environment. We want to further strengthen our presence in India, ensure the professional development of our employees and safeguard sustainable profitability for our dealers.”