The new outlet located at A-10, IInd Phase; Adityapur Kandra Main Road
was inaugurated in the presence of Eberhard Kern, Managing Director and
CEO, Mercedes-Benz India, and Ravi Parikh, Director of Tristar Motors.
The company has 14 more outlets to be opened as planned for this year in Tier II and Tier III cities.
The company reportedly witnessed a growth in sales of about 13 percent in 2014 at 10,201 units as compared to the previous year.
The company expects a 15 percent growth this year owing to qualitative network expansion strategy that has been crucial to growth as the luxury car manufacturer reaches out to new customers.
The new plant in Jamshedpur reportedly was built over an investment of about Rs 100 Million in a span of about 15 months.
Source: Gadget Reviews India and Tech Reviews and News
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