aerospace / news / / The Tribune
BMW Group India President and CEO Hardeep Singh Brar said the ongoing West Asia conflict has started impacting shipments of some BMW cars.
BMW India faces shipment delays and increased waiting periods due to the West Asia conflict.
KEY POINTS
- If disruptions persist for more than two months, BMW's overall supply chain could be affected.
- The India-EU FTA, expected by 2028, will reduce import costs for luxury cars in India.
- BMW India's locally manufactured vehicles will see limited FTA benefits as 95% are already made in India.
- India's strong local supply chain may enable increased exports of automotive components to Europe under the FTA.
COMPANIES
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