BMW India has announced a price increase of up to 2% across the BMW model range. The new prices will be effective from January 1, 2024 onwards.
Vikram Pawah, President of BMW Group India, said that the company’s decision to implement a price increase across the model range is a thoughtful response to a confluence of factors.
In the face of evolving dynamics, fluctuations in exchange rates and rising input costs, this price adjustment will sustain the crucial balance that allows us to consistently deliver the high standards and power-packed experience our customers associate with BMW vehicles, he added.
The range of locally produced cars includes the BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7 and MINI Countryman.
Headquartered in Gurugram (National Capital Region), till date, BMW Group has invested over INR 5.2 billion (€ 72 million) in BMW India. The wide range of activities in India include a manufacturing plant in Chennai, a parts warehouse in Pune, a training centre in Gurugram NCR and development of a dealer organisation across metropolitan centres of the country. Currently, BMW Group India has over 80 touchpoints in the Indian market. The total number of employees at BMW Group India is 650.
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