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Private Sector | Maharashtra - India | PID: 152585

Volkswagen has announced that it would be investing Rs 720 crore in its Chakan plant in Maharashtra for producing its new compact sedan. The new sedan is expected to roll out of the factory in the first half of 2016

The proposed investment would be towards development, setting up new equipment and ramping up production of the new sedan. The company has announced that the world premiere of the new sedan will be held in the Auto Expo in February 2016

| Updated on: 26 - Nov - 2015

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