BMW India, a luxury automaker, anticipates growth volume to be as strong in 2023 as it is in 2022, which is already shaping up to be the strongest year in terms of sales. The business aims to advance several products, including the i7 electric automobile.
According to Vikram Pawah, president of BMW Group India, there are economic obstacles, such as inflation and rising interest rates, but they can be solved with new products and market traction.
2018 saw BMW India’s best annual sales performance with 10,405 vehicles sold. In the previous year, the corporation sent out 640 Minis and 8,236 BMWs.
This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.