MUNICH (Reuters) - Volkswagen is in concrete talks about partnering up on passenger car production in India, the group's finance chief said on Thursday, adding it was tough to earn money in the market that still presents a "clear" opportunity.

"We are in very good discussions," Arno Antlitz told the Reuters Events Automotive Europe conference in Munich, "it's very, very concrete," he added.

(Reporting by Joseph White and Christoph Steitz, editing by Andrey Sychev)