• Thursday, December 08, 2022

Business

BMW to invest heavily in India to rev up operations

BMW will next year produce its 6 Series Gran Turismo (GT) model in India

By: Sarwar Alam

German luxury carmaker BMW is investing another Rs 130 crore (£15.8 million) in India to enhance operations, taking its total investment in the country to Rs 1,250 crore (£152 million). The company will launch new version of its locally manufactured 5 Series later this month and 6 Series Gran Turismo (GT) model next year to strengthen its product portfolio in India. “Since 2007, we have been consistently investing in India. This year, we are going to increase our investment further to up to Rs 1,250 crore on a cumulative basis,” BMW India president Vikram Pawah said. The new investment will…

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