Overview
- Mega Deal: Jain International Trade Organisation (JITO) members purchased 190 luxury cars (₹50 lakh–₹1.5 crore each) in a bulk deal, saving ₹21.5 crore via discounts.
- Gujarat Hub: 30 of the 190 cars bought by Ahmedabad-based members, reflecting strong regional participation in the nationwide drive.
- J Point Platform: Launched in 2022, enables bulk deals on luxury goods like cars and iPhones, leveraging JITO’s 30,000-strong network (5,000 from Gujarat).
- Brands Involved: Audi, BMW, Mercedes, and others, with a notable shift toward luxury electric vehicles (EVs) for eco-conscious statements.
- Community Power: JITO, founded in 2007, fosters economic empowerment; bulk buying showcases unity and bargaining clout.
- Membership Model: Lifetime membership (₹2 lakh–₹20 lakh) unlocks access to exclusive deals across 15+ product categories.
- Leadership Voices: Nitin Jain (J Point Chairman) and Amit Shah (Convenor) highlight platform’s role in securing discounts; Prakshal Shah (Co-Convenor) eyes more deals.
Jain Community’s ₹21.5 Crore Coup: 190 Luxury Cars in Record-Breaking Bulk Deal
Ahmedabad, October 19, 2025 – The Jain International Trade Organisation (JITO) has redefined community buying with a blockbuster purchase of 190 luxury cars, including a significant share of electric vehicles (EVs), securing ₹21.5 crore in discounts. Spanning brands like Audi, BMW, and Mercedes, with price tags from ₹50 lakh to ₹1.5 crore, this deal underscores JITO’s economic muscle and a growing trend among India’s high-net-worth individuals toward eco-friendly luxury EVs. Spearheaded by the J Point Platform, this Ahmedabad-heavy initiative showcases the Jain community’s unity and savvy in clinching premium deals.
The Deal: Luxury Meets Savings
JITO’s bulk purchase, executed over recent months, leveraged collective bargaining to extract mega discounts from top automakers. “Our members bought 190 cars, ranging from ₹50 lakh to ₹1.5 crore, saving a staggering ₹21.5 crore through bulk deals,” said Nitin Jain, Chairman of J Point. The mix includes premium EVs, reflecting a “responsible” shift among affluent buyers aligning with India’s 6% EV penetration in 2025. Gujarat, particularly Ahmedabad, led with 30 vehicles, cementing its status as a JITO stronghold.
J Point Platform: Powering Community Deals
Launched in 2022, J Point has revolutionized procurement for JITO’s 30,000 members (5,000 from Gujarat). “The platform enables thousands to access exclusive discounts on cars, iPhones, and electronics,” said Amit Shah, J Point Convenor. With lifetime memberships costing ₹2 lakh–₹20 lakh, members tap into deals across 15+ product categories, from gadgets to vehicles. Prakshal Shah, Co-Convenor, noted, “We’re in talks for more bulk deals, ensuring our members trade and purchase as per their needs.”
Why Luxury EVs? A Green Statement
India’s high-net-worth individuals are increasingly choosing luxury EVs from brands like BMW iX and Mercedes EQS, driven by sustainability and status. With FAME-III and PM E-Drive incentives slashing EV costs, JITO’s deal aligns with India’s 30% EV target by 2030. The ₹21.5 crore savings—averaging ₹11.3 lakh per car—makes premium EVs more accessible, boosting adoption among elite buyers.
JITO’s Vision: Unity and Empowerment
Founded in 2007, JITO fosters economic empowerment within the Jain community, now a 30,000-strong network nationwide. The car deal exemplifies its collective strength, turning community ties into tangible savings. As India’s luxury car market grows 20% annually, JITO’s strategy could inspire similar group-buying models, especially in Gujarat, where economic clout meets green aspirations.
This landmark deal not only saves millions but signals a broader shift: luxury with a conscience, powered by community unity and India’s EV revolution.
Source: msn.com
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