Notwithstanding the backlog bookings amounting to 5700 units, Volkswagen is polishing its mind to increase the production. The company is too pleased to get this feedback within just two months of its launch. Polo is offered as the premium hatchback for Rs4.34 lakh- Rs6.70 lakh and is already with some 1599 owners in India. Initially there was booking for 7300 units and the waiting period is 4 months. While maintaining priority for quality, the company is not in a hasty move to produce inferior quality product.
Hence there is a proposal to ramp up the production instead of rapidity in action. The car has some 50% of the domestic components and the facility at Chakan has the capacity of 900 monthly units. VW is facing acute shortage of products to meet the bookings because of low production. There is no point of delay, nearly 4 months as wait period, due to technical reasons. It is from this facility that VW produces its other premium car Fabia and Skoda Auto. This facility has the potential of 1.1 lakh annual units made at an investment of 580 million Euro. Polo is in rivalry against Maruti Suzuki Swift and Ritz, Hyundai i10, i20 and Honda Jazz.