BMW India To Create 1200 Jobs By 2011
When foreign companies comes to India they not only create a healthy competition with local brands, but also helps to create new employment opportunities for local public. BMW is the latest example. The German luxury car maker’s Indian subsidiary, BMW India, today said it would create twelve-hundered jobs in the dealer and service network by 2011. “BMW India would employ around four-hundered people by the end of 2010. Upto 1200 jobs will be created in the dealer and service network in 2011,” BMW India said in a statement.
As part of its future plans, the BMW said it planned to set up BMW dealerships of International standard across all metropolitan centres in the country. In the 1st phase, German automaker BMW India had established twelve BMW outlets in major metropolitan cities. BMW Group has invested Rs 1.1 billion till September 2010. It would be increased to Rs 1.8 billion by the end of 2012. The BMW has set up a production facility at Sriperumbudur near Chennai and manufacturers some of its latest models, include premium sedan BMW 3 Series, BMW 5 series and the SUV X1. The plant has a capacity to produce 8,000 units a year.