BMW Boosts India Strategy: 10 New Cars, Increased Local Sourcing for Luxury Growth

Automobile
M
Moneycontrol•08-01-2026, 18:47
BMW Boosts India Strategy: 10 New Cars, Increased Local Sourcing for Luxury Growth
- •BMW plans to launch 10 new cars in India this year, including EVs and MINI models, to expand its luxury market presence.
- •The German carmaker aims to increase local sourcing beyond 50% to reduce costs and make premium models more competitive.
- •BMW India sold a record 18,000 cars in 2025, growing 14%, and expects similar momentum with new launches and 17 product upgrades.
- •EVs now constitute 21% of BMW's India sales, up from 8% in 2024, driven by local assembly of the iX1 EV boosting sales by 200%.
- •BMW urges the government to maintain the 5% tax rate on EVs to support continued growth and investment in clean car technology.
Why It Matters: BMW is aggressively expanding its luxury and EV portfolio in India through new launches and local sourcing.
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