BMW India optimistic of Future Auto-sector Growth

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.

Published On Feb 05, 2009 14:33 IST

Published OnFeb 05, 2009 14:33 IST

Last Updated OnFeb 05, 2009 14:33 IST

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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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Vikas

<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p> <p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more