BMW Plant in Chennai to Commence Production by End of March 2007
Written by Krishna Kumar   
Sunday, 04 March 2007

Chennai: BMW's upcoming plant in Chennai is expected to commence production this month. The official start of production at Chennai is scheduled for the end of March 2007. The initial investment in India is 1.1 billion Indian Rupees.

Headquartered in Gurgaon (National Capital Region) BMW India is a 100% subsidiary of the BMW Group. The wide range of activities planned by BMW India includes the establishment of a production plant in Chennai (Tamil Nadu) and development of a dealer organisation across all metropolitan centres of the country.

The plant will produce BMW 3 Series and BMW 5 Series saloons in petrol and diesel variants. In medium term, the company will employ around 200 people in India;up to 600 additional jobs will be created in the dealer and service network.

So far, two intermediary dealers with three outlets represented BMW in the Indian market. Owing to an exuberant growth potential, BMW is hopeful of multiplyingits annual sales volume and has already chalked out an extensive dealer strategy to support its plans.

Phase I of the Dealer network expansion plan would include 12 dealers covering all metropolitan centres of the country by the end of 2009.

Last Updated ( Saturday, 27 August 2011 )
Related news
More recent
Earlier on