Skoda Auto Volkswagen India is aiming to outperform India’s passenger vehicle market, which is projected to grow at a mid-single-digit rate this fiscal year. The company expects to exceed industry growth of around 6–7% by FY27, driven by new product launches and sustained demand following GST cuts.
Under its expansion strategy, the automaker plans to introduce 18–19 new models, including facelifts, with the goal of more than doubling its market share from the current 2.34% to 5% by 2030. The company’s confidence is backed by strong performance in FY26, where retail sales rose nearly 30% to over 109,000 units, according to Federation of Automobile Dealers Associations data.