The investment is part of the 176 million euros the company promised to invest in India
The defeat device allows cars to have more power and save more fuel, but spew more pollutants into the air (Photo: AP)
New Delhi: German carmaker Volkswagen AG will begin producing a compact sedan at its plant in India in 2016 and has invested 85 million euros ($90 million) in the car, the company's local unit said in a statement on Wednesday.
The investment is part of the 176 million euros the company said in 2014 it would invest in the country, Volkswagen India Private Ltd said in an emailed statement.
Download the all new Deccan Chronicle app for Android and iOS to stay up-to-date with latest headlines and news stories in politics, entertainment, sports, technology, business and much more from India and around the world.
( Source : reuters )
Next Story
