Home / Auto News / News article: Ferrari Opens First Ever Dealership In India - AutoGuide.com News
 |  May 26 2011, 10:51 AM

India is one of the most populous countries in the world, and with its economy growing year by year, the number of rich people are on a constant rise.

To capitalize on India’s new found wealth, Ferrari has now officially opened doors to its first ever dealership in the country. The dealership is located in the city of New Delhi, a city best known for its Bollywood film studios.

The grand opening which was attended by local and international media, was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer to India.

India is the 58th country where Ferrari’s are officially sold. The well-to-do have owned Ferrari’s in India before, but those cars came through specialist importers.

Indian customer’s will be able to order any of the new Ferrari models, but due to the country’s high tax on imported vehicles, the cheapest model, the California, will be priced at $485,300. The same model in the U.S. starts at $192,000.

With clients spread all across the nation, Ferrari plans to open more dealerships in India over the next three years.