Audi mulls investment in Indian market
Audi Mulls Investment In Indian Market. Leading luxury car-maker Audi is trying to expand its business in India.
Leading luxury car-maker Audi is trying to expand its business in India.
At present, Audi has an installed capacity to produce 14,000 units annually on a single shift basis in India. The company is looking for a long-term strategy for the Indian market and hopes to maintain its leadership position in the luxury car segment. Audi had sold 10,851 units in 2014 and remained the largest luxury carmaker for the second consecutive year. Currently, 96 percent of Audi sales are assembled in India. The market share that the company enjoys in India is the highest for Audi across all its operations in the world. On Tuesday, the company entered the North Eastern market by opening its first dealership in Guwahati, which is expected to sell 150-200 units in the first year.