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Friends,
Luxury car brand BMW in India has now increased the localisation in its vehicles to 50 per cent, as to keep with the Make-in-India program. BMW produces engines and gearboxes at its Chennai plant that has a capacity to produce 14,000 vehicles per year and the official added that about 95 per cent of cars sold in India are produced in Chennai itself.
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Regards
Akash
Luxury car brand BMW in India has now increased the localisation in its vehicles to 50 per cent, as to keep with the Make-in-India program. BMW produces engines and gearboxes at its Chennai plant that has a capacity to produce 14,000 vehicles per year and the official added that about 95 per cent of cars sold in India are produced in Chennai itself.
"The higher localisation has enabled us to address challenges like inflation in emerging markets such as India," BMW Group India President, Philipp Von Sahr, told reporters here. He was replying to a specific query on the company's contribution to Make-in-India programme.
Regards
Akash