BMW sees limited capacity expansion in India after EU FTA, says CEO Brar

LUXURY carmaker BMW Group does not see the free trade agreement (FTA) between India and the European Union leading to any immediate expansion in its manufacturing footprint in the country, though it expects the pact to widen access to imported premium and performance cars once the agreement is implemented.

- PUSHPITA DEY @ New Delhi

Speaking on the likely impact of the FTA, President & CEO Hardeep Singh Brar told TNIE that the company already has adequate production capacity in India and does not foresee fresh investments in manufacturing solely because of the trade deal. “I think we already have enough capacity. We have a capacity of 50,000 units. So, I don’t see any further capacity coming because of the FTA,” Brar said. The comments come at a time when Indi