Back

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

BMW is the best luxury car across the globe, in fact in they made close to $150 Billion in revenue in FY22 Interestingly their India business contributes only 0.5% of their overall revenue, but why are they failing in India? See, what works in the West doesn't work in India BMW makes sense in first-world countries because more than 90% of households own a car But India is a 2 wheeler market, close to 49% of households own a bike and only 8% of households own cars in India In fact less than 10,000 BMWs are sold in India every year, it's just because our per capita income is around $2000 and most Indians don't have the consumption mindset yet.

15 replies16 likes
Replies (15)

More like this

Recommendations from Medial

Image Description
Image Description

Gokul sai ATTULURI

 • 

Audisankara College of Engineering and Technology • 4m

can I build my own car for 40 lacks in india from scratch.

4 replies6 likes
Image Description
Image Description

LIKHITH

On ne sait Jamais ! • 11m

I don't know whether this is SCAM OR JUST BRANDING But, Do you know that -Rolls Royce is a subsidiary of BMW and nearly 70% to 80% of the parts are the similar ones used in BMW 750s -Rolls-Royce Phantom's V12 engine is derived from the BMW 7s

See More
9 replies7 likes
Image Description
Image Description

mg

News & updates • 13d

Passenger car market share in India

2 replies8 likes

Jaswanth Jegan

Founder-Hexpertify.c... • 11m

"Your Pawn is no Match For our King" Marketing Face off #1 Audi vs BMW BMW and Audi are known for going at each other for quite some years now. Whether it is about car awardshows or new car models, they keep throwing jabs. This time it started A

See More
0 replies20 likes

Account Deleted

Hey I am on Medial • 1m

Best EV car in India according to you :

0 replies3 likes
1
Image Description
Image Description

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

India with a population of 1.4 Billion has more than 54% of teens and youth. India has a working population of 500M - we are still exam-driven not skill-driven. Even with all government reforms, India is the most challenging country to build a busi

See More
4 replies13 likes
2
Image Description

Sonu Kumar sah

Hey I am on Medial • 6m

Can anyone tell me digital advertisements(kind of billboard) in back glass of a car is legal or not in india?

3 replies4 likes

S K Hansda

Tribal entrepreneur • 2m

Any leads for investors in car washing/ Autocare industry ? We already started revenue as well.

0 replies1 like
Image Description
Image Description

LIKHITH

On ne sait Jamais ! • 1y

Hey guys, Tesla is coming to India 🇮🇳 Will It be beneficial to India? ( considering the fact that it's an U.S based company ) BTW I love elon and his 🚗 car both are just amazing 👏

7 replies2 likes
Image Description
Image Description

Hardik Rana

Focus on future • 5m

what is the cost of building an Android application for a self car rental service in India.

2 replies3 likes
1

Download the medial app to read full posts, comements and news.