Mercedes: Luxury car market in India to double by 2030

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NEW DELHI: The Indian luxurious car market will greater than double in quantity by decade-end and cross 100,000 models as rising wealth throughout cities and launch of latest fashions will gas demand, mentioned Sagree Sardien, head of area abroad for Mercedes-Benz.
Sardien, who’s in-charge for over 100 markets for Mercedes globally, mentioned that gross sales of luxurious automobiles have been rising at a wholesome tempo in India, which is now a “strategic market” for the model.Sardien mentioned Mercedes has been witnessing double-digit development in gross sales of its high-end fashions, and added that the identical tempo is predicted to proceed over the approaching years.
Mercedes will add 12 new fashions this yr, together with three electrics. The firm additionally plans to faucet smaller cities because it appears to have gross sales retailers in 10 new areas, starting from Jammu to Kottayam, to scale operations.