- Audi India plans to set-up dedicated unit at Aurangabad
- New unit to have installed capacity of 3000 units
- Total production to hit 9500 units
- Audi Q3 & Q7 local production
Audi India seems to be on a fastrack mode in India. With sales crossing expectations and growing at double digits the company may soon snatch the number one position from BMW in the Indian market. To meet increasing demand, Audi is setting up a dedicated production unit at the Aurangabad plant.
The company currently assembles A4 and A6 sedans along with Q5 SUV at the plant which currently has a capacity to assemble 6,500 units in India annually. The German luxury car maker is looking to add a capacity of 3,000 cars a year at the new unit which will take the total production to 9500 units per year.
Audi is targeting to sell 8,000 units this year and is expecting 20 per cent jump in 2013. The new unit will mainly cater to the assembly of SUV Q7 by the end of this year and will probably start the assembly of Q3 from next year. The construction of the plant will be completed by end of this year.
Audi also plans to add more models to the Indian market which includes the A3 sedan, the new range Q models and the A1 hatchback.
BMW and Mercedes-Benz have also increased their investments in India. The luxury car market growth has been slightly affected by the slowdown in economy and high interest rates.
