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Podcast: businessline's State of the Economy Podcast
Episode: What is driving India’s luxury car market boom?
Description: There has been a remarkable surge in demand for luxury cars, especially among individuals aged 35 to 40. Over the past two years, the purchasing power of these buyers has grown exponentially. Even with luxury cars starting at around ₹50 lakhs, many buyers are not hesitating to spend more, with some even crossing the ₹ 1 crore mark.In this State of The Economy podcast, Ronendra Singh talks to Santosh Iyer, the Managing Director and Chief Executive Officer of Mercedes-Benz India, to understand the nuances of the luxury car market in India.They delve into various aspects, ranging from the seda...