AutoGujaratNewsStatesTPI Special

Gujarat Jains Secure ₹21 Cr Discount on 186 BMW, Audi, Mercedes Cars, 6 Points

Ahmedabad

Jain Community Flexes ₹21 Crore Buying Power with Mass Luxury Car Purchase – 186 Vehicles Acquired in Record Deal


1. Massive Collective Purchase

  • Total Cars Bought: 186 luxury vehicles

  • Brands Involved: BMW, Audi, Mercedes

  • Price Range per Car: ₹60 lakh to ₹1.3 crore


2. Financial Impact & Savings

  • Total Savings Secured: ₹21 crore in discounts

  • Average Saving per Buyer: ₹8 lakh – ₹17 lakh

    • Equivalent to buying an additional car for a family member


3. Gujarat Leads the Charge

  • Majority Buyers: Jain community members from Gujarat

  • Facilitator: Jain International Trade Organisation (JITO)

  • Member Base: 65,000 across India


4. Strategy Behind the Deal

  • Concept Origin: Suggested by JITO members to leverage collective buying power

  • Negotiation Model:

    • Direct approach to automobile brands

    • Elimination of marketing costs → Higher discounts offered

  • Role of JITO: Purely as facilitator, no profit made


5. Growth Ripple Effect

  • Initial few buyers triggered a snowball effect

  • Deal expanded from individual purchases to mass procurement


6. New Ventures Triggered

  • New Initiative Launched: “Utsav” by JITO

  • Upcoming Bulk Purchase Categories:


Financial Summary Table

Metric Figures / Details
Total Luxury Cars Purchased 186
Brands Involved BMW, Audi, Mercedes
Price Range per Vehicle ₹60 lakh – ₹1.3 crore
Total Collective Savings ₹21 crore
Average Savings per Buyer ₹8 lakh – ₹17 lakh
Majority Buyers From Gujarat
Organising Body JITO (65,000 members)
Next Target Sectors Jewellery, Electronics

Disclaimer – The Profit India

The information presented in this article is based on publicly available news sources and statements from the Jain International Trade Organisation (JITO). The Profit India does not endorse or verify individual financial claims. Readers are advised to conduct independent due diligence before drawing investment or purchase conclusions.


Read More

Genesis Luxury SUVs Coming to India: 26 Models by FY2030, 7 Points

Jaguar Land Rover Car Prices Down | Up to ₹30.40 Lakh | 8 Points

Car Prices Down: Your Booking Status? 7 Points

Tier II Cities Emerge as New Wealth Hubs in India, 5 Points

60% Of Millionaires Spend Under ₹1 Cr A Year, 11 Points

Related Articles

Back to top button