BMW 3-Series Gran Limousine launched on 21 January
The company hopes that this year it will achieve double-digit growth in India. On January 21, the company launched its BMW 3-Series Gran Limousine in the Indian market. Its showroom price is from Rs 51.5 lakh to Rs 53.9 lakh.
read this also- Maruti increases the price of all cars, know how much increase and when will be applicable
The company hopes – this year, the business will be operational for a full 12 months
The company estimates that due to the epidemic, people will give more preference to private vehicles and the demand for luxury cars will increase due to the decrease in international travel and excursions. Vikram Pavah, president of BMW Group India, said, “As far as our business is concerned, the worst phase of the corona virus has been left behind. We saw that the business was closed in 2020. We expect that the entire 12 months will be operational this year as compared to about eight months last year. Demand is also increasing.
Sales expected to grow 10 percent
He said that during November-December last year, the company was successful in achieving its pre-Kovid level. Asked about the company’s growth prospects this year, he expected a 10 percent increase in sales.
Also read- Hero Motocorp created history, crossed 100 million units, introduced 6 new models
The company said that BMW Group India will launch 25 new products which will include 8 all-new products, 8 new variants with 9 facelifts. Significantly, apart from selling luxury cars and SUVs, the BMW Group is also present in the motorcycle segment in India through BMW Motorrad.