Volkswagen is reportedly in talks to sell a stake in its Indian arm, Škoda Auto Volkswagen India, to the JSW Group, according to Bloomberg sources. This move signals a potential shift in VW’s strategy for the important Indian market. Škoda assumed full responsibility for VW Group’s activities in India in 2019, establishing a significant presence in the region. The Indian division also houses a key development office for the automotive group. The potential sale suggests Volkswagen may be seeking a local partner to bolster its position or restructure its operations within India's competitive automotive landscape. Details of the potential deal, including the size of the stake and financial terms, remain undisclosed at this time. This development comes as a surprise, given India’s strategic importance to Škoda and VW.

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