BMW India optimistic of Future Auto-sector Growth
Published On Feb 05, 2009 02:33 PM By Vikas for BMW X1 2015-2020
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At the time when global auto sells are at all time low and governments of many auto sector giants are in the need of bailouts the big player of auto sector BMW India is optimistic of good sells in India in the coming years.
BMW india is in the process of launching of many models in India. There are no plans to postpone the launching of new models notwithstanding the global trends.
According to the officials of BMW india the company is confident of good future growth of Indian auto sector. According to them the on going rise in the income of Indian middle class will be continue and auto sells in India will rise further because at present the density of passenger vehicles in India is at a very low leveland there is a very good scope for auto sector.
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