In Gujarat, members of the Jain community have made headlines with a large-scale purchase of 186 luxury cars nationwide, valued at nearly ₹149 crore. The deal features top brands such as Audi, BMW, and Mercedes-Benz, with vehicle prices ranging from ₹60 lakh to ₹1.34 crore.
What sets this acquisition apart is the impressive ₹21.22 crore discount achieved through coordinated bulk buying. This is a testament to the community’s tradition of unity and business acumen. Organized by the Jain International Trade Organisation (JITO), the initiative exemplifies how strategic collaboration can yield significant financial advantages.
Buoyed by this success in the automobile sector, JITO now plans to extend bulk buying efforts into other industries like electronics, pharmaceuticals, and jewellery. Beyond cost savings, the venture strengthens community bonds and showcases the power of collective negotiation.
This record-breaking luxury car purchase not only highlights the economic strength of the Jain community but also offers a compelling model of how groups can collaborate for mutual benefit.