Volkswagen's business in India is in trouble and may withdraw from the Indian market in the future

Volkswagen's business in India faces serious challenges. Due to suspected tax evasion, Volkswagen may face a fine of up to $2.8 billion. In addition, although Volkswagen's sales in the Indian market reached $2.19 billion, its net profit was only $11 million. If Volkswagen loses the case, it may choose to withdraw from the Indian market, just like Ford.