BMW’s Mini to hit Indian roads by May
Iconic British brand Mini, which was unveiled at the Auto Expo in January, will hit the Indian roads by May.autos Updated: Apr 05, 2012 22:22 IST
Iconic British brand Mini, which was unveiled at the Auto Expo in January, will hit the Indian roads by May.
The popular small car from BMW was initially set to be priced at Rs 24 lakh. However, due to a change in duty structure post Budget (the excise duty for cars above 1,500 cc has gone up to 27% from the earlier 25%), Mini will now be launched at a starting price of Rs 25.5 lakh.
The first Mini showroom in India opened in Mumbai on Thursday and two in Delhi are in the pipeline. BMW plans to open 5-6 exclusive Mini showrooms in the country this year including in places such as Hyderabad, Chandigarh and Pune.
“We were planning to launch Mini in India at ex-showroom price starting at R24 lakh,” said Andreas Schaaf, president, BMW Group India. “After the new duty structure came into place the starting price will be Rs 25.5 lakh.”
The top-most variant Mini Cooper S Countryman High will cost R35.9 lakh while Mini Cooper Convertible will come for Rs 30.7 lakh.
India is the 100th country where Mini is being launched. The completely built unit is being imported from the UK.
“We will start delivery by May,” said Schaaf. “We have already got 100 bookings. We plan to deliver 20-30 cars a month.” Mini has sold two million units worldwide ever since its launch.
First Published: Apr 05, 2012 22:02 IST