Thursday, Jun 1, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Bmw To Bring 25 New Products In India This Year

German automotive BMW to bring 25 new products in India this year

As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut...This year we expect the full 12 months to be operational as compared to around eight months last year. Demand is also picking up

By IANS
Updated On - 04:16 PM, Fri - 19 February 21
German automotive BMW to bring 25 new products in India this year
whatsapp facebook twitter telegram

New Delhi: German luxury automotive group BMW plans to bring 25 new products in India this year as it looks to accelerate sales growth, leaving behind the worst of the coronavirus pandemic.

The company, which on Thursday launched its BMW 3 Series Gran Limousine priced between Rs 51.5 lakh and Rs 53.9 lakh (ex-showroom Delhi), expects growth in India to be in double digits this year on the back of an increasing demand for personal mobility and people indulging in luxury cars as international travels and holidays are curbed due to COVID-19.

“As far as our business is concerned, the worst of coronavirus is behind us. In 2020 we saw business shut…This year we expect the full 12 months to be operational as compared to around eight months last year. Demand is also picking up,” BMW Group India President Vikram Pawah told PTI.

Around November-December last year, the company had been able to achieve its pre-COVID levels, he added.

When asked about the company’s growth prospects this year, Pawah said,”We expect it to be really strong, in double digits.” Pawah said there are two factors driving demand. One is the increasing preference for personal mobility in the aftermath of the pandemic due to health and safety concerns and the other, in the luxury segment in particular, people are looking to indulge in cars as they are not going for international holidays in exotic locations.

In order to tap the opportunity, Pawah said,”BMW Group India will launch 25 new products.” These will include eight all-new products, nice facelifts and eight variants.

The BMW Group sells luxury cars and SUVs under the BMW and Mini brands while it is present in the motorcycle segment through BMW Motorrad in India.

“We are also looking to create completely new segments such as we are doing with the 3 Series Gran Limousine,” he added.

The BMW 3 Series Gran Limousine with its elongated design, enhanced space, luxurious comfort and dynamic performance has been tailored with an innovative proposition that will attract young, progressive Indians who want a perfect combination of sporty performance and higher practicality for family usage in this segment, Pawah said.

The new BMW 3 Series Gran Limousine is available in one diesel variant (BMW 320Ld Luxury Line) priced at Rs 52.5 lakh and two petrol variants  — BMW 330Li Luxury Line tagged at Rs 51.5 lakh and BMW 330Li M Sport ‘First Edition’ priced Rs 53.9 lakh.

  • Follow Us :
  • Tags
  • BMW
  • BMW 3 Series Gran Limousine
  • coronavirus pandemic
  • Covid-19

Related News

  • Rijiju slams Rahul Gandhi’s verbal attack on PM Modi and Country

    Rijiju slams Rahul Gandhi’s verbal attack on PM Modi and Country

  • Junior Asia Cup 2023: India down Korea 9-1 to reach final

    Junior Asia Cup 2023: India down Korea 9-1 to reach final

  • Cats can play role in transmission of Covid-19: Study

    Cats can play role in transmission of Covid-19: Study

  • This company in Telangana is example of IT Rural hub

    This company in Telangana is example of IT Rural hub

  • After one year Indian economy may perform well, says CEA V Anantha Nageswaran

    After one year Indian economy may perform well, says CEA V Anantha Nageswaran

  • ICT import duty case: Japan urges India to rescind decision of appeal in WTO’s appellate body

    ICT import duty case: Japan urges India to rescind decision of appeal in WTO’s appellate body

Latest News

  • YS Vivekananda Reddy murder: Telangana HC grants anticipatory bail to Avinash Reddy

    4 mins ago
  • Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged

    22 mins ago
  • French Open: Novak Djokovic reaches 3rd round after defeating Fucsovics

    38 mins ago
  • Three from Telangana die in road accident in Tirupati

    49 mins ago
  • Instagram testing new ‘Interested’ option for recommended posts

    1 hour ago
  • Mahesh Babu’s next feature film titled ‘Guntur Kaaram’

    1 hour ago
  • Indian national strikes jackpot in Squid Game-themed event, wins SGD 18,888 cash prize

    2 hours ago
  • If Modi returns to power in 2024, only leaders he approves of will contest 2029 polls: Digvijaya

    2 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam