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Volume IconPodcast: Superluxury items the latest victim of India's slowing economy

But the gloom is in no way a reflection of the number of the wealthy. Listen to this podcast for more

ImageBS Web Team New Delhi
luxury cars

Luxury car companies in India count dispatches to customers as sales

This January, after a decade-long tie-up with superluxury manufacturer Rolls-Royce Motor Cars, dealer group Navnit Motors called it a day. A distinguished Rolls-Royce showroom in the Atria Mall in Worli is gone, replaced by a Reliance Digital boutique. Sharad Kachalia, Navnit Motors’ director, points to declining sales. He even shut down the Rolls-Royce Ahmedabad showroom he opened in 2014 and Prime Minister Narendra Modi once visited it.

But the gloom is in no way a reflection of the number of the wealthy. Listen to this podcast for more

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First Published: Aug 12 2019 | 3:47 PM IST