Mercedes-Benz expects India to be fastest growing market this year as well
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Santosh Iyer, managing director and CEO of Mercedes-Benz India, told PTI, “I still see India shining among the rest of the world.” Looking at our global report, India continues to grow in the first two months of the year.
New Delhi. German luxury car maker Mercedes-Benz expects India to be its fastest growing market globally this year as well. A senior company official said this. Mercedes-Benz India had planned to introduce ten new models this year, however some launches have been delayed due to supply chain constraints. The company wants to prevent the waiting period of these products from increasing further.
Santosh Iyer, managing director and CEO of Mercedes-Benz India, told PTI, “I still see India shining among the rest of the world.” Looking at our global report, India continues to grow in the first two months of the year. It is too early to give projections for the full year, but if we talk about the results of the first two months, it is very strong and positive compared to many other markets in the world.
He was replying to a question whether India can continue to be the fastest growing market for the company globally. Mercedes-Benz India sales 11,242 units in 2021. This figure is set to increase by 41 percent to 15,822 units in 2022.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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