BMW starts plant, rolls out ‘3 Series’ sedan

BMW on Thursday opened its first plant in the country and rolled out the ‘3 Series’ sedan, priced at Rs 26.95 lakh (exshowroom) onwards. The company will also roll out its other luxury sedan ‘5 Series’ by May-June, which is expected to be priced between Rs 37 lakh to Rs 42 lakh across all variants from this greenfield plant located at Chengelpet, 55 km from here. The company has invested euros 20 million in setting up the plant, which has a capacity of 1,700 units per annum on a single shift.

Courtesy: EconomicTimes
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