Date: September 28, 2026
Strategic Expansion Initiative
Landmark Cars Limited is expanding its automotive retail network with two new facilities:
- New BYD facility in Noida
- New Mahindra & Mahindra showroom at EM Bypass, Kolkata, West Bengal
Network Expansion Details
The expansion strengthens the company's position as:
- BYD's largest retail and service partner in India
- Strengthens Mahindra & Mahindra presence in the Kolkata region
Post-expansion outlet count:
- Mahindra & Mahindra outlets: 12
- BYD outlets: 11
- Total outlets across India: 143
EV Portfolio Performance
The company's electric vehicle (EV) portfolio performance in Q1FY27:
- Contributed approximately 30% of new car sales revenue
- BYD and Mahindra & Mahindra are among the leading EV brands within the company's portfolio
Strategic Objectives
The expansion aligns with the company's long-term strategy to:
- Deepen engagement with existing OEM partners
- Strengthen presence across key geographies
- Build long-term, scalable relationships with OEM partners
- Enhance network expansion and deeper market presence
Business Overview
Landmark Cars Limited is a leading premium automotive retail business in India with dealerships for:
- Mercedes-Benz
- Honda
- Jeep
- Volkswagen
- BYD
- Renault
- Mahindra & Mahindra
- KIA
- MG Motors
- Citroën
The company also caters to Ashok Leyland's commercial vehicle retail business and operates across the automotive retail value chain including:
- Sales of new vehicles
- After-sales service and repairs
- Sales of preowned passenger vehicles
- Facilitation of third party financial and insurance products