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No slowdown for India's super-rich as super-luxury cars sell like hot cakes

According to a report, the sales of super-luxury cars, priced over Rs 2 crore, are likely to cross pre-pandemic levels in 2022

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Lamborghini logo | Photo: Wikimedia Commons

BS Web Team

Super-luxury car sales, priced upwards of Rs 2 crore, are likely to breach pre-pandemic peaks in this fiscal year on widening customer base, geographic reach and expansive product portfolio on offer.

 

In 2018, India's super-rich bought 325 luxury cars priced over Rs 2 crore, but the number nearly halved in 2020, as the Covid-19 pandemic struck.