Advertisement

Mercedes-Benz grows 30 percent in 2011

He said the company finished 2011 on a successful note and started the new year with a range of initiatives to capture the robust growth in luxury segment.

Advertisement
FP Archives|Dec 20, 2014, 08:22:19 IST

Kolkata: Mercedes-Benz ended 2011 with a strong growth of approximately 30 percent year-on-year against the backdrop of slowdown in the industry.

The company sold 7,430 units last year, as against 5,819 units in 2010, Mercedes-Benz India's Director (Sales and Marketing) Debashis Mitra said today.

Mitra also said that there had been 10-15 percent growth in India during January-April.

Advertisement

[caption id="attachment_308865" align="alignleft" width="380" caption="Courtesy: Getty Images"][/caption]

He said the company finished 2011 on a successful note and started the new year with a range of initiatives to capture the robust growth in luxury segment.

Mercedes-Benz has dealership in 31 cities through 70 outlets in India.

Relationship of Mercedes-Benz with India dates back to the 1950s when it introduced trucks with local collaboration. The company established a world class production facility spread over 100 acre at Chakan, Pune, in 2009.

politicsMore from Politics

PTI

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:May 14, 2012, 17:50:08 IST
Advertisement
Advertisement
Advertisement
Advertisement
Up Next