The Hindu : Business : BMW to source auto components from India

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Wednesday, May 30, 2007
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BMW to source auto components from India

Special Correspondent

To set up international purchasing office

NEW DELHI: Like several other global auto majors, German luxury carmaker BMW too will source auto components from India and will set up its international purchasing office here to procure its worldwide ancillaries requirement.

"We will be setting up an international purchasing office which will be headed by an expatriate to take care of sourcing components for BMW's global operations," BMW India President, Peter Kronschnabl, told media persons here on Tuesday.

According to him, the proposed international purchasing office will become operational by August this year and will be independent of the company's purchase unit at Chennai that caters to its India operations.

BMW India's purchase unit and the international purchasing office could work in tandem and could individually or together approach vendors depending on products, he said while declining to take a call on the quantum of components that BMW was looking to source from India saying that it was too early to comment.

He said the sourcing team would visit India to study and decide what kind of components to be sourced from this country. The company had revised its sales target for the current year in view of a good response to its recently launched `3 Series' sedan from the Chennai plant. The sales figure had been revised from about 1,000 cars initially to 1,200 units in India in the calendar year as the company planned to roll out its `5 Series' models from the Chennai plant by June, Mr. Kronschnabl said.

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