‘Supercar sales in India should be 10 times of what they are right now’: Lamborghini India’s Sharad Agarwal

The head of Lamborghini India says that demand for the marque luxury sports cars is at an all-time high and most models are witnessing an 18- to 20-month waiting period.

By Mayank Dhingra calendar 01 Dec 2023 Views icon7384 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Sharad Agarwal: “Despite consistently increasing allocations for India, whatever is being sourced is getting sold out.

Sharad Agarwal: “Despite consistently increasing allocations for India, whatever is being sourced is getting sold out."

Italian supercar marque Lamborghini organised its 60th anniversary celebrations in India by showcasing an art project in New Delhi on November 30, at a time when the luxury automaker's sales are at an all-time high in India.

The company, which is witnessing its allocations already sold out for the ongoing calendar year, says that demand is coming from all across the country and the sheer aspiration is driving the tremendous growth in the supercar space.

“The economy is growing fast, there is a positive sentiment, and the sheer buyer aspiration is driving the tremendous growth in the supercar space. We are seeing customers loosening their wallets and opening up to these purchases more than ever before,” Sharad Agarwal, Head, Lamborghini India told Autocar Professional.

“A booming economy and its resilience to the global uncertainties is making India emerge as a key driving force for super cars, and supercar sales in India should be 10x of what we are doing right now in the next five-six years,” he added.

Agarwal pointed out that the company has a huge backlog and that there is a waiting period of almost 18-20 months for most Lamborghini models in the country. “Despite consistently increasing allocations for India, whatever is being sourced is getting sold out,” he said, citing his optimism towards the continued demand for supercars in the country, where it is set to introduce the Revuelto Hybrid, the super sports V12 plug-in hybrid electric vehicle on December 6.

ALSO READ: 
Lamborghini turnover exceeds 2 billion euros in first nine months of 2023

RELATED ARTICLES
Bosch hydrogen engine tech-powered truck to be on Indian roads this year

auther Autocar Pro News Desk calendar18 Apr 2024

The global supplier of technology and services is betting big on both electromobility and hydrogen. While announcing the...

IIT Bombay inaugurates Arun Firodia Research Floor 

auther Autocar Pro News Desk calendar09 Apr 2024

IIT Bombay, one of India’s top technical and research institutions, honours Kinetic Group chairman Dr Arun Firodia, one ...

Maruti Suzuki expands capacity at Manesar plant by additional 100,000 units

auther Autocar Pro News Desk calendar09 Apr 2024

New assembly line at Plant A expands total manufacturing capacity at the Manesar plants to 900,000 units per annum. Alon...