German auto major BMW today said it would launch the small luxury car, Mini, in India by next year at a price that is expected to be above Rs 25 lakh.
The company also said it would set up separate showrooms for the brand and aimed to have up to 12 dealerships across the country for the Mini in the coming years.
"I am pleased to announce that the Mini will be introduced in India in 2012. Currently, the BMW team is evaluating which version to be launched in India from the entire Mini family," BMW India President Andreas Schaaf said.
He said the Mini would be sold in India through import of completely built units (CBU). BMW had earlier planned to launch the Mini in India in 2009, but shelved it citing feasibility reasons.
On the expected price of the car, he said: "We have not finalized the price of the car yet, but it is a premium brand and a premium car. Of course, the entry price will be more than Rs 25 lakh."