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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Looking to double MINI sales in 2026, widening product po...
2026-04-20 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Mini Cooper S Convertible

Mini Cooper S Convertible | Photo Credit: FIROZ

German luxury carmaker BMW is looking to double sales of its premium brand MINI in India this year on the back of wider product portfolio, localisation and retail expansion, BMW Group India President and CEO, Hardeep Singh Brar said on Monday.

MINI, which clocked 730 units in 2025 at a growth of 3 per cent over the previous year, sold 213 units in the January-March quarter of 2026, a growth of 42 per cent and is planning to launch locally produced MINI Countryman model in the middle of this year.

"This year, the plan is to double the volumes...this will be the best ever year for MINI, if we are able to do that," Brar told PTI.

On how the group planned to achieve its goal of doubling MINI sales, he said a three-pronged strategy of wider product portfolio, localisation and retail expansion, has been adopted.

On the product side, he said a line up of "one new product and nine special editions overall" has been planned.

The locally produced MINI Countryman is planned to be launched in the middle of the year and is "a pivotal enabler to scale volumes and improve accessibility", Brar noted.

In the last two years, MINI has been constrained by a limited product portfolio in the Indian market with only the MINI Cooper S Hatch and the MINI Countryman Electric offered.

However, in the last six months, the group has strengthened the MINI lineup with new models such as the MINI Convertible, MINI Countryman JCW ALL4, and MINI Countryman SE ALL4.

Brar said the petrol version of MINI has seen strong demand in the market and its contribution is growing further from 61 per cent last year with the planned launch of locally produced MINI Countryman.

"We expect the petrol contribution to go up to 70 per cent...In quarter one (2026), it has already jumped to 70 per cent...," he said.

Commenting on network expansion, Brar said by end 2026, MINI is looking to increase its footprint to 22 touchpoints from the current 13, including entry in eight new cities.

In Q1, MINI has already set up touch points in Jaipur and Jodhpur, and will expand into six more cities -- Lucknow, Ranchi, Guwahati, Surat, Vijayawada, and Cuttack -- in the rest of the year.

The entry into the new cities is part of the strategy to strengthen footprint beyond metros and "strategically unlocking demand across Tier 2", he said, adding,"Collectively, these levers sharpen MINIs growth trajectory and deepen relevance in key emerging pockets of the Indian market".

As for aftersales, MINI service is integrated with the larger BMW Group India aftersales network and is available at 52 touchpoints across 40 cities.

On the significance of the MINI brand in BMW Group's overall India strategy, Brar said it is "a brand shaper" with its "iconic and timeless design" along with its "retro model styling and a very bold personalisation".

"We feel that when a customer looks at MINI, the overall brand eventually, not only for MINI, but also for BMW, it really takes it up," he said.

With MINI and BMW are now in the same showrooms, he said,"We see customers coming into our showrooms coming to buy a BMW, goes and takes a look at Mini, and vice-versa," he said, adding the two brands help in bringing a new set of customers and the company is able to cross sell.

Published on April 20, 2026