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Market Chatter: Volkswagen Aims to Seal India Partnership in 2026

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Volkswagen expects to finalize a partnership with a local company in India this year as it seeks to expand its presence in the market, Reuters reported Wednesday, citing Skoda brand's chief executive officer, Klaus Zellmer.

Skoda, which oversees Volkswagen's India strategy, is reportedly in talks with an unnamed potential partner. The group is open to giving up control of its India operations as part of a partnership, Reuters quoted Zellmer as saying.

Volkswagen has been seeking a local partner since 2022 and is in talks with JSW Group on a potential joint venture, the report noted.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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