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Luxury car Market of India on a high

Published On Nov 25, 2010 07:09 PM By Ritesh for Mercedes-Benz S-Class 2012-2021

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The Indian Luxury car market is scaling high with the growth it is experiencing. In Aurangabad, various professionals such as businessman, lawyers, doctors and others purchased almost 150 Mercedes Benz in one day, last month. In just 24 hours, as many as 150 luxury premium cars of Mercedes Benz were sold.

The luxury car sale only indicates the growth this segment has seen and car admirers are drawing their focus on luxurious and expensive car. In India, Mercedes Benz is a well known brand which is know for its perfection, technological wonder and luxury. The luxury brand is available in India with 11 models such as Mercedes-Benz M-Class, Mercedes-Benz CL Class, Mercedes-Benz CLS-Class, Mercedes-Benz E-Class, Mercedes-Benz GL Class, Mercedes-Benz New C-Class, Mercedes-Benz S-Class, Mercedes-Benz SL-Class, Mercedes-Benz SlK-Class, Mercedes-Benz SLS AMG and Mercedes-Benz R-Class. The company offers wide range of cars which are a reflection of sophisticated technology and comfort with abundance of luxury.

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As per the reports, a group of almost 100 people together planned and ordered BMW in one day.

Aurangabad is a town known for its famous Ajanta and Elora caves which are visited by various tourists around the globe. It also lies on the cotton growing belt and is one of the major producers of the same. The city has grown as an industrial hub for national and international companies which have established their manufacturing facilities.

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As per the industry experts, cities like these hold a lot of potential among the population of two to five million. People are changing with the times as the purchasing power is increasing with the economy growing.

The Indian luxury car market has suddenly seen an upsurge which is attracting various international car makers to invest in the Indian auto sector. According to news doing rounds in the industry, five biggest auto makers Chrysler, Kia, Peugeot, Truimph and Scania are planning to invest in the growing domestic market.

As per certain reports, the Indian auto market is speculated to emerge as the biggest and fastest growing auto sector. It is also expected that India may pull down the auto biggies of China, Europe and North America.

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