NEW DELHI: Celebrating the ‘ Make in India ’ initiative, BMW India has announced brand new prices for the portfolio of locally produced cars BMW India has already strengthened the level of localization at BMW Chennai Plant up to 50 percent. Up to eight car models can be locally produced on two assembly lines at BMW Plant Chennai. Philipp von Sahr , President, BMW Group India said, “The future belongs to India. If you want to benefit from the dynamics of the Indian market, you need to act today. Following our approach ‘Production follows the market’, we have accelerated our localization program in India. We have created a win-win situation for our customers with a wide range of exclusively authentic luxury products and now equally attractive value proposition with ‘Make in India’.”Presently, the BMW 1 Series, the BMW 3 Series, the BMW 3 Series Gran Turismo, the BMW 5 Series, the BMW 7 Series, the BMW X1, the BMW X3 and the BMW X5 are locally produced at BMW Plant Chennai.The prices for locally-produced model range have been reduced between Rs 1- 5 lakh.