Business Standard

Rolls-Royce aims at selling 12 Phantoms

Image

Press Trust of India New Delhi
Ultra luxury car maker Rolls-Royce is planning to sell about 10-12 units of the Rs 3.5 crore Phantom in the Indian market this year, and is also planning to launch a new convertible model - code-named RR02 - in 2007.

"I think India is growing. Ultra high net worth people in India are growing, and this makes us bullish on the market," Colin Kelly, regional director (Asia Pacific) of Rolls-Royce Motors, said today.

The company returned to the Indian market after almost 50 years in April this year. Since its re-entry, the company has delivered one car, and has confirmed orders for five more cars. "We are looking to sell about 10-12 Phantoms in India this year, and this would be comfortable," Kelly said, pointing out that Rolls-Royce sold roughly about 800 cars globally per annum.

He said the company is also planning to launch a new convertible model simultaneously in India along with the global launch in 2007. "This speaks about the importance we attach to this market," Kelly said.

 
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 20 2005 | 3:58 PM IST

Explore News