Škoda Auto Volkswagen India, JSW deny fresh stake-sale talks
Škoda Auto Volkswagen India and JSW Group have denied fresh discussions on a potential stake sale. The automaker said India remains a key growth market while it continues to assess business opportunities, including possible local-partner options.
Skoda Auto Volkswagen India and JSW Group denied fresh discussions over a potential stake sale. Skoda reiterated India is a key growth market and said it continues evaluating business opportunities, including potential local-partner options.
Why this matters
The denial follows Škoda Auto Volkswagen India's recent Sri Lanka entry through a Colombo 3S outlet and its role in India's right-hand-drive export push from Chakan.
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