MUNICH: German carmaker BMW has increased capacity at its Chennai manufacturing facility to 10,000 vehicles per annum from 6,000 vehicles as it looks to strengthen its number one position in the luxury car segment, it said on Tuesday.
"If the market continues to grow at the same pace, we could consider looking at a second production facility by 2015," said its board member Ian Robertson . The company, which so far been assembling the 3 series, 5 series, and X1 models in India, is looking at assembling the X3 model in the country by middle of the year.
Concerns over rising oil prices have prompted the company to enhance focus on its electric (i range) and hybrid range of cars for emerging countries such as India, China, and Brazil. From 2013, BMWi will offer highly sustainable electric cars and the i3 will be the first all-electric vehicle for urban centres, Mr Robertson said. "We are continuously looking at new models and cannot rule out launch of the second generation of the BMWi series in emerging markets," he said.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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