Volkswagen Sees Strong Potential In India Amid Global Trade Push

Volkswagen AG, one of the world’s leading automobile manufacturers, has emphasized its commitment to supporting trade agreements across regions. CEO Oliver Blume noted that such initiatives are vital for fostering growth, innovation, and market access. Speaking on the India-EU Free Trade Agreement, Blume underlined India’s importance as a strategic market for Volkswagen, pointing to opportunities in both passenger and electric vehicle segments.  

Key highlights 

• Volkswagen supports all initiatives for global trade agreements.  
• CEO Oliver Blume emphasized the importance of strengthening international partnerships.  
• India identified as a key growth market for Volkswagen.  
• Company will examine the India-EU Free Trade Agreement closely for potential benefits.  
• FTA expected to reduce tariffs and enhance competitiveness for global automakers.  
• Volkswagen sees opportunities in India’s expanding automotive and EV ecosystem.  

Industry experts note that the India-EU trade deal could provide significant advantages for global automakers by reducing costs and improving market access. For Volkswagen, India represents a fast-growing market with rising demand for premium and sustainable mobility solutions.  

Sources: Reuters, Economic Times, Business Standard