Volkswagen expects to finalize a partnership deal in India by 2026. This move aims to scale operations in the world’s third-largest car market.
Skoda CEO Klaus Zellmer confirmed that talks are progressing and expects to complete the agreement this year. While the partner remains officially unnamed, Volkswagen has held discussions with India’s JSW Group.
The automaker seeks to share investment risks and leverage local expertise after two decades of limited regional growth. This strategy will help fund the company's broader transition to clean-energy vehicles.