BMW India is also set to spend Rs 390 crore at its Chennai plant for adding a new assembly line, taking the total capacity to 14,000 units a year.
BMW is set to add three new models to its product portfolio in India. BMW will launch the new Z4 roadster sports car in November this year and the 3 series GT and another model early next year.
BMW India is also set to spend Rs 390 crore at its Chennai plant for adding a new assembly line, taking the total capacity to 14,000 units a year. With this investment, the German luxury car manufacturer will be able to locally assemble eight products from the current six models.
The company sells 14 models in India and, till last year, it was the market leader in the luxury car segment in the country outselling both its rivals Audi and Mercedes.
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