By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Jain community’s bulk buying saves Rs 21 crore as JITO secures big car deals for members – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Jain community’s bulk buying saves Rs 21 crore as JITO secures big car deals for members – World News Network
Business

Jain community’s bulk buying saves Rs 21 crore as JITO secures big car deals for members – World News Network

worldnewsnetwork
Last updated: October 19, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

Ahmedabad (Gujarat) [India], October 19 (ANI): Community buying is proving to be a game-changer in Gujarat, giving consumers unprecedented bargaining power and unlocking massive savings across sectors.
In an interesting move, the Jain International Trade Organisation (JITO) recently demonstrated this by negotiating a staggering Rs 21.22 crore discount on the purchase of 186 luxury cars across India.
With car prices ranging from Rs 60 lakh to Rs 1.34 crore, members collectively saved big while dealers benefited from assured volumes and reduced marketing costs.
Speaking about the initiative, Amit Shah, convener of JITO J-Point said, “This initiative was started by JITO in February 2025, where we began negotiating with major brands like Audi, Mercedes, and BMW to pass on the benefits to JITO members. So far, 190 cars have been purchased by JITO members. All of these are premium brands, and the offer is still ongoing,” adding that the organisation has sold about 25-30 cars in Gujarat alone.
“After this initiative, we launched another one. The leadership team of JITO J-Point has started a new campaign called JPoint Utsav — a 90-day campaign running through October, November, and December. In this, we have onboarded more than 15 brands for the benefit of our members. So far, members have purchased vehicles ranging from Rs 50 lakh to Rs 1.25 crore, through which they have collectively benefited by Rs 21 crore,” he told ANI.
Prakshal Shah, the Co-Convenor of JITO J-Point said, “Our aim is to find ways to pass on benefits to our members, and JITO, as an organisation, is working towards economic empowerment and knowledge. It is running 16 projects, one of which is J Point. Under this, there will be a system for bulk purchasing and selling, through which any Jain, from anywhere, can buy or sell using the website or app, like an e-commerce website.”
JITO, with its 65,000-strong membership, has partnered with dealers of 15 top brands, including Audi, BMW, and Mercedes, to extend community buying benefits. Encouraged by the success, JITO is expanding its community purchasing model into electronics, medicines, and jewellery, among other sectors.
Not limited to JITO, the Bharwad community has adopted a similar collective approach to empower youth entrepreneurship. The Bharwad Yuva Sangathan Gujarat pooled orders for 121 JCB machines, negotiating discounts averaging Rs 3.3 lakh per unit, resulting in a savings of around Rs 4 crore. Their unique zero-down payment scheme, backed by community guarantees, is helping young entrepreneurs overcome credit hurdles.
From luxury cars to heavy machinery, Gujarat’s communities are proving that collective buying not only saves money but also drives empowerment and economic growth. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

“RAM is focus area for our bank,” says PNB ED M Paramasivam – World News Network

CBIC extends GSTR-3B filing deadline to Oct 25 for monthly and quarterly filers – World News Network

Auto industry gears up for record festive deliveries as GST 2.0, festive spirit fuel demand – World News Network

Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs – World News Network

CBIC extends GSTR-3B filing deadline to Oct 25 for monthly and quarterly filers – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Chandan Healthcare Expands Presence with Two New Diagnostic Centres in New Delhi and Bhopal – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

“BJP MPs defending suspended officer who participated in RSS, proves my point”: Karnataka minister Priyank Kharge – World News Network
National October 19, 2025
“Govt officials are not supposed to participate in…”: G Parameshwara clarifies rules after Karnataka officer suspended over RSS event – World News Network
National October 19, 2025
“TMC aims to win elections through intimidation”: BJP’s Dilip Ghosh – World News Network
National October 19, 2025
“Maha jungle raj”: CPI(ML)’s Dipankar Bhattacharya hits back at NDA, claims poverty, crime in Bihar – World News Network
National October 19, 2025

Sports

Chennaiyin FC appoints Clifford Miranda as head coach – World News Network
Sports
1st ODI: Australia opts to bowl against India; Nitish Reddy makes debut – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Selena Gomez responds to Hailey Bieber’s “annoying” comment, says “she can say whatever” – World News Network
Entertainment
Preparations underway for Deepotsav 2025 at Ram Ki Paidi in Ayodhya – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?