Home / India News / Demand for luxury cars in India rises to a new high, buyers getting younger

Demand for luxury cars in India rises to a new high, buyers getting younger

The sale of supercars, costing above Rs 2,5 crore, is set to be 600-650 in 2022. This is expected to fetch Rs 1,200 crore to the auto companies

Supercars line up for the start of a time-trial at the Beirut Grand Prix at the Ramlet al-Bayda public beach in Beirut, Lebanon.

Premium

Representative Image

2 min read Last Updated : Sep 01 2022 | 4:19 PM IST

At least two Indians have been spending over Rs 2-2.5 crore daily on supercars in 2022. With this, the luxury car segment in India is transforming.

According to an Economic Times (ET) report, the buyers of these cars are getting younger on average and seeking more customisations. The sale of supercars,

Topics : Luxury car sales auto demand mercedez benz Lamborghini India Audi BMW Luxury carmakers luxury car market automobile industry Mercedes

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in