India International Political Economy

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VW Invest in India Through Suzuki Stake

December 9th, 2009 · No Comments

German based Volkswagen (VW) has announced it will invest in India through a 19.9 percent stake in Maruti Suzuki according to AFP.

The Indian investment deal is worth about $2.5 billion and will give VW the needed volume to outpace Toyota as the worlds largest car maker as Maruti Suzuki produces over half the cars in India.

Suzuki gains from the VW investment in India by securing valuable hybrid technology that VW offers.

Tags: India Investment

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