HNI Customers are getting younger…!

We have heard a lot about the robust growth of Automobile sector in the past few months in the Indian Markets. Indian automobile sectors has been doing exceptionally well with a lot of companies recording exceeding earning levels on the onset of the festive season. India has also been considered as one of the biggest maker of compact cars and is expected to overtake Japan very soon.

With the increasing buying capacity of the Indian HNI segment a lot of biggies have started entering the Indian markets expecting a fair amount of growth in the automobile sector. Industry experts say that “The HNI customers are getting younger and they want to enjoy their money with the huge legacy associated with legendary brands,”

One such brand is Bugatti.The fastest and perhaps the most expensive car on the planet, Bugatti Veyron 16.4 Grand Sport, will hit the Indian roads in the last week of this month with an eye on the growing club of millionaires in the country.

With the West still in the stage to regain momentum after the global downturn, luxury carmakers are now vying for the attention of the rich in booming economies such as India and China.


Source: Economic Times