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  #11  
Old 12-24-2010, 04:25 PM
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Commenting on the overall growth of the luxury car market in India, he said it is expected to be around 15,000 units this year, up from 8,500 units last year.
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  #12  
Old 12-24-2010, 04:25 PM
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"India is still a growing market, it is not yet matured and we are creating market with the launch of new vehicles. If the market continues to grow at 25 per cent, in ten years time India will be among the top 10 markets of BWM globally," Schaaf said.
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Old 12-24-2010, 04:25 PM
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On the production increase at the Chennai plant, he said it has been achieved by optimising process and additional manpower.
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Old 12-24-2010, 04:26 PM
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"We have added 200 more people and by the end of the year we will have a total of 400 people at the plant," Schaaf said.
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Old 12-24-2010, 04:26 PM
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On the company's plans to enter the premium bike market in India, he said BMW has not yet started business in the segment although some bikes are already in India and deliveries are expected to start by January. (Text: PTI)
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