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Skoda Auto expects capacity utilisation at its plants to increase sharply in 2024

Škoda Auto Volkswagen India is set to launch new models and updates to existing ones in 2024, entering the electric vehicle (EV) market. With plans to substantially boost exports of India-made cars, the company aims to raise capacity utilization at its Aurangabad and Chakan plants from the current 70-75% to over 90%. Piyush Arora, the group managing director, views the coming year as crucial for the company s India operations.

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