The fantasy machine is now geographically accessible to the wealthy. With the selection of Navnit Motors in Mumbai as its distributor for the nation, Italian sports car manufacturer Ferrari has resumed sales and service two years after it shut down operations in India.
The automaker opened its Bandra Kurla Complex dealership in Mumbai on Tuesday. It is the first and only location in the city that will serve the western and southern regions.
Due to poor ties with its dealer, the Shreyans Group, it left the nation two years ago.
Enrico Galliera, Senior Vice President, Commercial & Marketing, Ferrari SpA, said: “Despite being so far away, India has a strong connection with Ferrari. It is one of the few countries which has a high number of Ferrari aficionados.
According to him, many people in India own Ferraris, while others have imported their vehicles directly. He added that the shop will assist these customers in getting servicing. Between 50 and 60 Ferraris are thought to be in the country; entrepreneurs Ratan Tata and Gautam Singhania are among the owners.
In 2011, cricket legend Sachin Tendulkar sold his automobile to a businessman from Surat.
We are not going to sell hundreds of automobiles; we will sell just a few, but we want to provide a positive client experience, so we took our time to make sure we were returning with the appropriate partner and the right goods, he said. According to Navnit Motors Dealer Principal Sharad Kachalia, the store would provide top-notch after sales.
Over eight automobiles have been ordered from India since the Ferrari California T’s introduction in August of this year. Five of its variants will be sold in India, and an upgrade and exchange programs are also available for current customers.
Ferrari presented a California T to Xavier Furtado on Tuesday. The F12 Berlinetta costs about Rs 5 crore, whilst the California T has an on-road pricing of Rs 3.5 crore. In India, Ferrari intends to sell up to 12 vehicles annually.
Ferrari entered India in 2011 with dealerships in Mumbai and Delhi. The good news for current customers is that they may take advantage of the Ferrari Exchange Program, which allows them to own the most recent model of the automobile.
Simply drive to BKC and enter the brand-new Navnit Motors showroom if you want to have a closer look at a Ferrari supercar to pique your interest in sports cars. There are no questions to be asked; you may just stare at the cars on exhibit.
Ferrari has made sure that everyone feels welcome at the showroom by offering them all cups of coffee as part of its aim to interact with fans and raise awareness of its brands. You can talk in-depth about the car with the staff while sitting on a couch that is only for you. Even your Ferrari can be designed here. The staff will assist you in choosing products like seat material and wheel covers at the 4,000 square foot showroom, which has capacity for three cars. In Mumbai, you can even customize your ideal Ferrari.
In This Article...
India’s wealthy and well-known Ferrari supercar owners, from Ratan Tata to Sanjay Dutt
The most coveted supercars on the planet are without a doubt Ferraris. There is virtually nothing that comes close to providing the kind of experience that a Ferrari can due to their exquisite looks, unmatched performance on a racetrack, and a strong motorsports tradition. There is a large and rapidly expanding collection of celebrities, business tycoons, and movie stars who own Ferraris in India. Let’s have a look at 10 Ferraris in India together with their illustrious owners.
Five wealthy Indians, from Mukesh Ambani to the Poonawallas, drive the fastest and most enviable Ferraris.
Indian bigwigs like Mukesh Ambani, the legendary Poonawalla family, and MS Dhoni can attest to the appeal of a bright red Ferrari, which is unmatched not only in India but throughout the world. The best sports vehicles in the world, both on and off the track, have been produced for decades by the Italian brand Ferrari. Although the brand’s off-track wheels aren’t as strong and swift as its racing wheels, they may nonetheless transport you around town more quickly than a typical metal coach.
The vehicle is a rather uncommon sight in the nation, therefore we’ve compiled a list of some of the biggest names in India, including corporate executives, cricketers, and actors, who own them and frequently drive them.
A list of prominent Ferrari owners in India
The most influential billionaire in India, Mukesh Ambani, has a fleet of expensive cars, including the 2011 Ferrari 812 Superfast. Mukesh Ambani, a millionaire who made a fortune in the oil and gas industry, has since diversified into other industries and now owns Bharat Sanchar Nigam, India’s largest telecoms company. The number of Ferraris owned by Indians is unknown, however it is estimated to be between 50 and 60. Other industrialists and players who possess the Ferrari include Sachin Tendulkar, who sold his vehicle to a Surat businessman in 2011.
Worldwide vehicle exports by nation – Ferrari 2021
Italy was Ferrari’s third-largest European market in 2021, behind the UK and Germany. 668 units of Ferrari’s high-end vehicles were sold domestically, which is slightly more than half the number that was delivered to Germany. Despite its lower sales volume, the brand is a national icon in Italy and continues to generate a lot of talk on social media, particularly Facebook.
Ferrari
The automaker is the subject of this essay. See List of Ferrari Road Cars for a list of the road models that Ferrari has made. Scuderia Ferrari is the name of the Formula One team. Ferrari, the 2003 biographical movie Enzo Ferrari is the name of the founder. Ferrari has other uses as well.
In 1969, Fiat S.p.A. purchased 50% of Ferrari, and in 1988, it increased its ownership to 90%. Fiat Chrysler Automobiles (FCA), which at the time of the announcement owned 90% of Ferrari, said in October 2014 that it intended to separate Ferrari S.p.A. from FCA. A restructure that created Ferrari N.V. in October 2015 marked the beginning of the division. as the new holding company of the Ferrari S.p.A. group, the subsequent sale by FCA of 10% of the shares in an IPO, and the simultaneous listing of the common shares on the New York Stock Exchange. (A corporation incorporated in the Netherlands). The remaining parts of the split involved distributing FCA’s investment in Ferrari’s business among FCA shareholders, with Piero Ferrari continuing to retain 10% of it. The spin-off was finished on January 3, 2016.
The business has garnered attention for its ongoing involvement in racing throughout its history, particularly in Formula One, where it is the oldest and most successful racing team, having won the most constructors’ championships (16), as well as the most drivers’ championships (48). Ferrari road vehicles are frequently regarded as a representation of riches, elegance, and speed. The 165,000 square meter (16.5 hectare) Maranello facility is where Ferrari automobiles are made. Ferrari was named the most powerful brand in the world in 2014 by Brand Finance. By market capitalization as of 2021, Ferrari ranks as the tenth-largest automaker at $52.21 billion.
Who in India drives a Ferrari?
Every weekend of the year may easily be spent in a different supercar when you’re the 10th richest guy on the globe. Ambani, the most powerful businessman in India, is the owner of a collection of expensive cars, among them the Ferrari 812 Superfast. You can tell this machine was made for speed just by looking at it. Its engine, a 6.5-liter V12 with 788 horsepower and 718 Nm of torque, is used. It accelerates from 0 to 62 mph in an astounding 2.9 seconds, with a top speed of 211 mph. With this speedster, budget for a price tag of Rs 5.2 crore.
In India, how many Ferrari are sold?
Ferrari N.V. is an Italian sports car manufacturer. is not concerned by its meager sales in India but rather focuses on the market’s growing potential.
The Indian market, despite being relatively tiny, has a lot of potential, according to Dieter Knechtel, Ferrari’s CEO for the Far East & Middle East.
The company’s two showrooms in Mumbai and Delhi sell roughly 25 cars each year in India. In contrast, 700 automobiles were sold in China this year.
We have [excellent] feedback from our customers, and this market may grow because this is a country with a lot of money and new customer segments entering.
Out of the two lakh vehicles produced by the company over the course of the last 70 years, Ferrari is believed to have sold about 150 throughout the years in India. Ferrari invests in India despite the comparatively low sales volume to ensure customer satisfaction and a steady supply of its newest models.
For the convenience of our customers, we have made sure that service facilities and spare parts are available. This is just the beginning of our plans for the future, he added. “When we look to the future, things are changing for the better. Regulations and taxation systems in India are changing. Transparency is kicking in, and we expect sustainable growth here,” he said.
He claimed that because India is still a relatively new market for sports vehicles, the business was not particularly interested in rapid volume expansion there.
Sincerity be damned, Mr. Knechtel remarked, “We are not aiming at any certain volume. It is not important to us. Our main objective is to take care of our existing and new consumers. He declared that Ferrari had made up its mind to keep holding the market’s top spot for sports cars and had an upbeat outlook for the future.
The United States is Ferrari’s single-largest market. It has set a production and sales goal of 8,400 cars for 2017, which is an increase of 4% from 2016.
In Mumbai, the firm has planned a sizable event to honor its 70th anniversary. To commemorate the event, more than 20 Ferrari vehicles from Mumbai, Pune, Hyderabad, Goa, Ahmedabad, Bengaluru, and Chennai would be driven into the city’s center on Sunday.
In India, can I purchase a Ferrari?
MUMBAI: Luxury automobile aficionados can now anticipate purchasing a Ferrari in India soon. With models like the Ferrari California, 458 Italia, 599GTB Fiorano, and the most recent model, FF, with costs starting from Rs 2.2 crore, the Italian luxury sports car is set to make its formal debut in India. The first dealership will open in New Delhi this spring, and a second one will open in Mumbai in the second half of the year. The Shreyans Group will be Ferrari’s official importers in India. The much anticipated action by Ferrari comes at a time when it is estimated that the Indian luxury car industry is expanding at an average annual growth rate of 40%. Despite the high import taxes on these automobiles, this class of luxury vehicles has experienced the biggest growth. The majority of luxury automobile manufacturers, including Rolls Royce, Bentley, Bugatti, Porsche, BMW, and Mercedes Benz, are already offered in the anticipated 15,000 unit per year Indian market. The Shreyans Group intends to establish a stand-alone Ferrari India office with qualified personnel to oversee the ensuing dealer network. The official Ferrari Service will go along with the first dealership, which will sport the Ferrari Corporate Identity. The chairman of the Shreyans Group, Ashish Chordia, said, “We are proud to announce the partnership with Ferrari today. This brand represents for us the epitome of success and we are proud to partner with one of the world’s most desired brands. We will establish a highly qualified network of Ferrari dealers across India to cater to the discerning needs of our customer.
In Bollywood, who drives a Ferrari?
One of Maranello’s best grand tourers, the Ferrari 599 GTB, is owned by seasoned actor Sanjay Dutt. This galloping horse is propelled by a 6-liter NA V12 engine that generates 612 horsepower and 608 Nm of torque. It is said that Dutt paid US$650,000 to have this gem added to his garage.