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BMW says no plans for manufacturing unit in Punjab

BY ANI, Sep 14, 2022 3:34 PM - REPORT AN ERROR

A day after the Punjab government announced that BMW has agreed to set up its auto part manufacturing unit in the state, the German carmaker said it has no plans for setting up additional manufacturing operations in the state.

Punjab government had said on Tuesday that efforts of Chief Minister Bhagwant Mann to get investments from Germany bore fruit and BMW "has agreed to set up its auto part manufacturing unit in state". The Chief Minister had also remarked about the decision.

"Along with cars and motorcycles, BMW Group's activities in India comprise of financial services for its premium clientele. BMW India and BMW India Financial Services are 100 per cent subsidiaries of the BMW Group and are headquartered in Gurgaon," the statement said.

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