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Ferrari Spreads Its Indian Wings

Ferrari plans to open six showrooms in India by 2010.

By LIFS May 10, 2008 at 11:51 AM
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Ferrari, whose cars retail from $275,000 to $400,000 plans to open six showrooms in India by 2010.

 
Presently only 36 Ferrari vehicles are on Indian roads, sold through its Singapore dealerships. Rolls Royce currently has a showroom in Mumbai. According to the consultancy firm A. T. Kearney, India's luxury goods market is expected to hit $30 billion by 2015.

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Business | Magazine | May 2008

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