<div><em>The company is also planning to launch a sub-compact sedan, says <strong>Manish Kumar Pathak</strong></em><br><br>Volkswagen, the German auto major, will launch 5 new cars in the Indian market in the next two years. This will also include the iconic Beetle, in order to bolster its presence in India. Currently the market share is at a meagre 2 per cent.</div><div> </div><div>The middle-class population of India is seeking for vehicles which are technology loaded, yet affordable. Lack of compact and costs that fosters healthy competition has relegated Volkswagen to a weak position in the India.</div><div> </div><div>The company has decided to develop a compact SUV, in lines with Renault’s Duster and also Eco Sport from Ford.</div><div> </div><div>Also, the auto major is deliberating on bringing the new and improved Volkswagen Beetle. This model did not ignite excitement, when it was introduced earlier.<br> </div><div>Similarly, because of the dismal response which the Passat received in India, Volkswagen revoked the car last year. However, the company is now mulling to launch the new-generation of the model again.</div><div> </div><div>In what can be viewed as a riposte to Swift Dzire (Maruti Suzuki), Xcent(Hyundai), Amaze(Honda) among others, the company is planning to launch a sub-compact sedan.</div><div> </div><div>Volkswagen has also confirmed that they will roll out the SUV, the Tiguan to India, which will debut at the 2016 Delhi Auto Expo.</div><div>Keeping in mind the ‘Make in India’ push the German auto major has extensive plans to develop India into a low-cost manufacturing hub. Since exporting products features on top of the priority list for the company, this move will help it export India-made cars to emerging and developed markets. </div><div> </div><div>“Private equity firms are always on the lookout for startups that will grow very big so with with Sebi’s new listing norms, start-ups are definitely going to evince more investor interest,” said Vikram Hosangady, Partner and Head, Deal Advisory at KPMG</div>
_20241105142833_original_image_22.webp)