Skoda-Auto Volkswagen India has received approval from the Maharashtra government for a ₹15,000 crore investment to enhance its production capacity and establish a new manufacturing facility in Chakan. This investment is part of a larger ₹1,20,000 crore initiative approved by the state, which also benefits other automakers like Toyota Kirloskar Motor. The funds will be used to expand the company's product portfolio, focusing on sustainable mobility solutions, including battery electric vehicles (BEVs) and improved internal combustion engine (ICE) vehicles. The project aims to create approximately 1,000 jobs and align with Skoda-Auto Volkswagen's "India 2.5" strategy while enhancing local manufacturing capabilities. Additionally, the company plans to launch a new sub-4m compact SUV and collaborate with Mahindra on a future electric vehicle platform.