New Showrooms from BMW

Saturday 24 May 2008, 00:00 AM by Satish

BMW has started its expansion plans for India. Parsoli Corporation from Ahmedabad has bagged the first dealership for BMW in India. It shall invest Rs 30 crores in India for this venture. It shall be offering one stop solution for sales, services and systems at its showroom. The new showroom shall open near Thaltej Circle on SG Road and shall have its fully equipped workshop on Sanathal on Sarkhej Sanand Highway.

Ahmedabad based Parsoli Corporation is known for its Islamic Equity Index. IT shall be making its foray into the auto market with this new dealership. This division of Parsoli Corporation shall be headed by Talha Sareshwala, younger brother of the founder of Parsoli Corporation, Zafar Sareshwala.

The next dealerships from BMW shall come up in Surat and Rajkot. "As with our finance products, our strength lies in sales and we are looking at bringing premium vehicles to Gujarat. We see a lot of potential for sales in Mehsana and Unjha along with major cities in the state," said Zafar Sareshwala, director of Parsoli Motors. Complete funding of new dealerships shall be sourced from internal accruals.

"We are confident that this new partnership in Ahmedabad a very important market and one of India's most historic and vibrant cities will help fuel BMW's growth plans in India." said Peter Kronschnabl, president, BMW India.

Popular BMW Cars
    No New Cars
Popular Cars
Upcoming Cars