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PUNE: Volkswagen opened a new research and development facility in Pune on Saturday as part of the group’s ‘India 2.0’ plan that calls for a Rs 2,000-crore investment into R&D, helping enhance the local content in the cars to be sold in the world’s fastest-expanding major economy.
The Pune facility is the first step in the VW group’s €1 billion (Rs 7,900 crore) commitment to make cars for the Indian market and grab a larger pie for its brands that have hitherto remained only on the...