Ambani’s BMW 760Li High Security attracts Rs 1.6 crores in registration fees
Mukesh Ambani, Chairman and MD, Reliance Industries, has purchased a new BMW 760Li High Security. The regular BMW 7-Series flagship luxury sedan is priced at INR 1.9 crores but this one being a fully armored version and with a host of modifications, price went upto INR 8 crores. The cost includes 300% import duty (for armoured imported cars).
As per rules, of the total amount, 20 percent (Rs 1.6 crores) is the registration cost of the vehicle. Mumbai Regional Transport Office (RTO) has confirmed this amount has been received, making it the highest registration cost collected to date, reveals ZeeNews.
BMW 760Li High Security is 100 percent bullet proof, complying with Class VR7 ballistic protection. Though no exterior evidence of its armored features are evident, the car features of armoured plates on its exterior, which is made of ballistic steel, fitted seamlessly into its body work.
BMW 760Li Security is powered by a 6.0 liter V12 engine offering 544 hp power and 750 Nm torque mated to an 8 speed automatic transmission. This allows the vehicle to accelerate from 0 to 100 in 6.2 seconds and hit a top speed of 210 kmph. The armored vehicle receives run flat tyres that can also speed upto 80 kmph when attacked. The armored car for Mukesh Ambani has been manufactured in Germany.
Mr Ambani heads Reliance Industries, a conglomerate which generated revenue of $73 billion last year. A business magnate, he recieved death threats back in 2013, after which the Indian government provided him with Z Category security featuring an armed commando squad. Earning salary of Rs 15 crores a year, he repays the government for the security cover.