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The German luxury carmaker is expanding its business in the Indian market eyeing a double-digit increase in sales this year. The company launched a limited edition of BMW Gran Turismo, priced at Rs 63 lakh (Rs 6.3 million) on Wednesday.
The limited edition of the Gran Turismo comes with a 3.01 litres diesel engine and only 100 units of the car will be available. It will be brought as a completely built unit (CBU) from the company's plants overseas.
BMW is investing 50 million dollars in its Chennai plant to increase its production capacity, which is at present 3,000 units per year, said Peter Kronschanbl, President, BMW India Private Limited.