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Parsoli opens BMW showroom
May 15, 2008: The promoters of Ahmedabad-based Parsoli Corporation are foraying into automobiles through group company Parsoli Motors. Parsoli Corporation has just bagged its first auto dealership with BMW India and is planning an investment of Rs.30 crore into the venture.
BMW India's dealers are asked to provide showroom, sales, services and systems under one roof.
Parsoli Motors has set up a showroom near Thaltej Circle on SG Road and a fully equipped workshop is located at Sanathal on Sarkhej Sanand Highway. The company is planning to extend its dealership network to Surat and Rajkot in the coming few months
BMW India has invested Rs.1.1 billion in India till date. The company delivered 1,387 vehicles in India in 2007 and aims to deliver 2,000 vehicles in India in 2008
Source: Business Standard