BMW India to hike up prices of all models by 3.5 percent from April 1, 2022
BMW India has announced a 3.5 percent price rise throughout the BMW model range, which will take effect on April 1, 2022.
Apart from the influence of the geopolitical environment and exchange rates, BMW says the price rise is a necessary adjustment due to changes in material and logistical costs. This comes in after BMW India hikes up the prices of their vehicles by up to Rs 2 lakh in February 2022 itself.
BMW India currently locally produces the BMW 2 Series Gran Coupe, BMW 3 Series, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series Gran Turismo, BMW 7 Series, BMW X1, BMW X3, BMW X4, BMW X5, BMW X7 and MINI Countryman within the country. The BMW 8 Series Gran Coupe, BMW X6, BMW Z4, BMW M2 Competition, BMW M5 Competition, BMW M8 Coupe, BMW X3 M, BMW X5 M and BMW iX are also available in the country as completely built-up units (CBU).
The BMW Group has invested about Rs 5.2 billion in BMW India, which is headquartered in Gurugram (Delhi-NCR). A production factory is located in Chennai, a parts warehouse is located in Pune and a training centre is located in Gurugram. BMW Group India now has over 80 touchpoints in the Indian market.
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