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Monday 18 April 2011

Luxury carmakers eye India’s super-rich

Finanical Times
April 17, 2011

Global ultra-luxury carmakers are pouring into India. The country that is home to almost half a billion of the world’s poorest citizens, as well as the largest national group of billionaires outside the US, has become the next key market for sports cars worth more than $1m.

Aston Martin, the British luxury car manufacturer, is the latest to announce its entry into India’s coveted high-end car segment, signalling that the nation’s clan of über-rich has become too big to ignore.

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