With the Indian luxury car market growing at a decent pace, British luxury sports car maker Aston Martin, Italy’s Maserati and Volkswagen owned UK’s premium automaker Bentley, seem to be eyeing a slot at the 2016 Auto Expo.
It will be for the first time that luxury automakers such as Aston Martin, Maserati and Bentley will be participating in the largest auto show in India. Things are at a very preliminary stage, but if we are to believe an insider, the three are planning on putting up their new and exclusive products on display during the 5 day event. Of the three, Aston Martin and Bentley already have established showrooms in India, while Maserati is working towards setting shop in India.
2016 Auto Expo is to be held from February 5-9, 2016 at the India Expo Mart at Greater Noida. As for the Auto Component Show, it will be held at Pragati Maidan in the national capital from Feb 4-7.
Ultra exclusive brands were never part of the Auto Expo officially. Though enthusiasts would put up one or two exclusive cars in a personal capacity, to attract crowds, but there was never an official entry. So, this time when these brands have approached organizers, it really speaks a lot about the potential of luxury car market in India.
Compared to the leaders, luxury car market in India is minute. But, it is growing at a steady pace. Last year, luxury car sales crossed 30,000 units, and this year the number is expected to grow by another 5-7%. By 2018, the luxury car market is expected to touch 60,000 units annually. With analysts predicting a better future for luxury cars in India, it is only logical for the brands to make themselves visible at India’s grandest automobile event.
Delhi Auto Expo is being organised by Confederation of Indian Industry, Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India. The upcoming event will be its 13th edition, and promises to be bigger and better than ever. Last year’s events saw about 70 unveilings out of which 26 were global models while a total of 5.61 lakh people visited the show.
via Economic Times