Mercedes: Luxury car market in India to double by 2030 – Newz9

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NEW DELHI: The Indian luxurious car market will greater than double in quantity by decade-finish and cross 100,000 models as rising wealth throughout cities and launch of latest fashions will gasoline 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 vehicles 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 progress in gross sales of its excessive-finish fashions, and added that the identical tempo is anticipated 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 be like to have gross sales shops in 10 new places, starting from Jammu to Kottayam, to scale operations.

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