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No. 0474
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Volkswagen targets India growth with JSW Group joint venture plan
Why it matters
Volkswagen is signing an MOU with India's JSW Group to build a joint venture, pushing into the world's third-largest auto market even as it cuts up to 50,000 jobs globally elsewhere. Worth watching how competitors position growth-market bets against domestic contraction in parallel.
The source
Nikkei Asia
Volkswagen targets India growth with JSW Group joint venture plan
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