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Jain Trade Body Says Bulk Buy Netted 186 Luxury Cars With Rs 21 Crore in Discounts

The not-for-profit JITO leveraged pooled member demand to negotiate direct deals with luxury carmakers.

Overview

  • JITO said the cars, priced between Rs 60 lakh and Rs 1.3 crore, were delivered across India between January and June 2025.
  • Most buyers were reported to be Gujarat-based Jains, with Ahmedabad featuring prominently.
  • Leaders of the initiative said members saved roughly Rs 8 lakh to Rs 17 lakh per vehicle on average.
  • The organisation said it only acted as a facilitator and did not profit, while some outlets reported variant totals of 190 cars and Rs 21.5 crore in savings.
  • JITO announced a new Utsav program to pursue similar bulk discounts for jewellery, consumer durables and electronics.