Rolls Royce to tap super rich in India

PTI
Published Feb 2, 2015, 3:03 pm IST
Updated Mar 29, 2019, 9:46 pm IST
By 2023, India to be home to the fourth-highest number of billionaires in the world
Rolls Royce (Representational Image)
 Rolls Royce (Representational Image)

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.

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