BMW India Narrows Gap with Mercedes-Benz, Targets Top 15 Global Market by 2030

Automobile
M
Moneycontrol•08-01-2026, 19:50
BMW India Narrows Gap with Mercedes-Benz, Targets Top 15 Global Market by 2030
- •BMW Group India President and CEO Hardeep Singh Brar stated the company narrowed the gap with market leader Mercedes-Benz in 2025.
- •14% sales growth in 2025 pushed India into BMW's top 20 global markets; the target is top 15 by 2030.
- •EV penetration surprisingly jumped from 8% to 21% in 2025, with 25% targeted for 2026, supported by new EV launches.
- •95% of BMW cars sold in India are locally assembled, with localisation improving to 50% over five years.
- •BMW plans 6 new models, 4 major changes, and 17 facelifts in 2026, targeting 20,000 sales volume.
Why It Matters: BMW India aims for top 15 global market status by 2030, driven by strong sales, EV growth, and local assembly.
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