Mercedes Benz India expansion plans sees INR 850 crores investment
Mercedes Benz India has expansion plans afoot for their plant in Pune. Following the fact that India has become the second market besides the US, from where local production of Mercedes Benz M Class has commenced, the company has raised its investment plans to the tune of INR 850 crores.
This increased investment was a bid to augment their footprint in India where they have introduced a new dealership in Bhubaneswar while another is planned in Jamshedpur. Mercedes Benz is keen to enhance customer experience and offer efficient after sales services in the eastern part of the country. As on date, the company has 72 touch points in India across 31 cities and is striving to augment this even further. They have the largest number of luxury car dealerships in the country.
Mercedes Benz India has now slipped behind Audi and BMW as far as sales are concerned. During the past year, Mercedes Benz sold a total of 7,138 units in the form of whole sales to dealers, thereby achieving their target for the year. The companyâ€™s Kolkata dealer was the highest performer during 2012. 8 new products were introduced in India in 2012. These included the new M Class, C Class AMG performance edition and the C Class sports edition. Apart from announcing Performance Drive in January 2013, MB India launched their first car of this year, in the form of G63 AMG.