Rolls Royce to tap super rich in India
By 2023, India to be home to the fourth-highest number of billionaires in the world
New Delhi: With India forecast to be the world’s fastest growing economy by 2016-17, super luxury car maker Rolls-Royce is gearing up to tap the country’s billionaires with new models, including new convertible and a potential SUV.
The company, which sells a range of super luxury cars with starting prices ranging from Rs 4.5 crore to Rs 9 crore, is confident that India to be one of its key markets.
By 2023, India is projected to be the “home to the fourth-highest number of billionaires in the world.
The IMF’s prediction that India will become the world’s fastest growing economy by 2016-17 and World Bank’s forecast of 6.4 per cent growth this year along with the new government’s fast-paced reforms that will address key areas make the future growth prospects in India promising, Rolls-Royce Motor Cars, Asia Pacific regional director Paul Harris said.