Mercedes Benz To Grow Despite Slow Q2 Says Mercedes-Benz India, CEO Iyer

Mercedes-Benz India is confident of ending the year with record sales and double-digit growth, despite the slowdown in the mainstream market. In a conversation with BTTV’s Chetan Bhutani, the CEO of Mercedes Benz India, Santosh Iyer said that the company is eyeing tier 3 towns like Varanasi as he sees good demand. He further adds that the budget should look at continuance of EV incentives. The company expects the strong momentum to continue with one new product lined up almost every month. Mercedes-Benz has launched the EQA at Rs 66 lakh.