Ahmedabad, Oct 19 The Jain community has put up an impressive show of its formidable buying power by driving home 186 high-end cars after securing discounts of Rs 21 crore.
This "one-of-its-kind deal" with luxury automobile brands like BMW, Audi and Mercedes was pulled off by the Jain International Trade Organisation (JITO), its vice president Himanshu Shah told PTI on Saturday.
JITO is a not-for-profit community body with 65,000 members from across India, he said.
“These 186 luxury cars, each priced between Rs 60 lakh and Rs 1.3 crore, were handed over to their owners across India between January and June this year. JITO's nationwide drive helped our members save Rs 21 crore in the form of discounts,” said Shah.
He said the organisation was just a facilitator and did not profit from t