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Topic : Upcoming Automobiles
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Ferrari to make India debut, price to start from 2.2 Crore

Created by : Amit Madhav, Senior Consultant, GKC  | 03 11 2011 05:31:07 +0000
Industry : AutomobileFunctional Area : Strategy Execution(Strategy & Execution)
Keywords : automobile ferrari california 599gtb fiorano 458 italia
Activity:  3956 views;  last activity : 05 13 2011 19:13:23 +0000

Italian luxury sports car Ferrari will make its official debut in India soon with popular models such as California, 458 Italia, 599GTB Fiorano and the latest FF, with prices starting from Rs 2.2 crore onward.

http://car-logos.50webs.com/wallpapers/ferrari.jpg

As the Auto industry is growing sat a superfast speed in India everyone is ready to try his luck.. So is the Ferrari.. As the brand name is strong and not much marketing is required.. But the cost is something which might be a factor for Indian market.. Will it survive for long in India or it should come up with a short term limited edition plan?

  
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It will survive in long run Vs It should have limited edition plan
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This is excellent news. This should be posted to other guys also like DRI-ED to enquire where the money came from, the mandarins in the Finance/Income tax Department to affect a steep, really steep rise in the luxury tax on card like these. If you can afford to pay 2 crore, then it can be pushed up to 4 crore by putting a 100% super-luxury tax
By V. Srinivas, Freelancer, Information Technology  03 11 2011 05:49:57 +0000
 
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There would be buyers for sure but not too many... So coming up with limited edition pack time to time will create more excitement than anything else..
By Amit Madhav, Senior Consultant, GKC  03 11 2011 05:31:07 +0000
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No doubt on Indian flambuoyancy,"Infact if it would launch it with a small edition,The potential of the indian market will prove things wrong for Ferrari.
By VISHWA DEEPAK MISHRA, HR-Talent Acquisition Cum Business Development Manager, Leading IT Giant.  | 05 13 2011 19:13:22 +0000
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ofcourse no,,,but we have to go to the bottem line that , why this price hike is..??i think we should give our comment by watching both side....please...
By Tapas Mahakhud, B.Tech/B.E. student, pkace ,bargarh  | 05 13 2011 05:07:34 +0000
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A Ferrari is a Ferrari people would call its useless but if they had desposable money they would write a cheque for a new ferrari
By Sarabjeet Singh Johar, BMS student, Mumbai University  | 04 12 2011 07:44:52 +0000
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Amit , Lux. car manufacturers have a good amount of Profit margin ass. with their product.

Even Koeinigg has launched its latest offering in the market. To add to , The super rich is not bothered about a crore extra , if they are getting the ego factor satisfied. I am sorry to say about this topic, but there is nothing for it to survive. They are coming via CKD/CBD route. Its not only Ferrari . Every D+ segment offering has come into the market .

Probably from 2020 onwards, India would be a serious market for ferrari. Till the time it would be more or less commissioned sales.
By Joe Antony, Retail Sales and Marketing, JSW Steel Limited  | 04 12 2011 07:06:00 +0000
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It will definitely survive as young billionaires are booming by the day. I only wish the govt. reduces taxes in order to make it affordable for all of us to try purchasing the same !
By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 04 12 2011 06:41:57 +0000
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Opening market like India is suitable destination for all High Tech cars irrespective of the prices, including Ferrari the king of sports cars!!!!
By suhaschandra deshpande, Marketing Associate  | 03 12 2011 19:23:43 +0000
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There are enough billioners in India than anyother country.
By Kenny Pradeep, Managing Director, GT  | 03 11 2011 18:44:07 +0000
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It will be a runaway success. And money? Relax yaar. There are so many Alis out there, who can make somebody living abroad give gifts to us Indians (by taking the money from us through the hawala route with a commission ofcourse). Our economy is 75% black money. Is it not? DRI-ED, forget all that shit man. Did you read the news about how DRI-ED conducted a slopshod investigation against Ali? We Indians are human, dude. We will ofcourse accept bribes for anything. Country? Who cares? God save my motherland. Amen. It really pains me to see what is happening around. Have we degenerated to such an extent? Is there anybody out there who cares for their own morals, leave alone the country and the common man
By Raju V P, Senior Manager, an International Bank  | 03 11 2011 07:15:32 +0000
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high cost only for higher society
By pradeep , application support/developer, VBizAp soft  | 05 13 2011 06:47:21 +0000
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Undoubtedly Ferrari is better amongst the best but seriously speaking the price that it is coming up with will only enable the best from the rest to buy and enjoy the ride......
By Vikrant , Legal Advisor, INDO JURIS  | 03 13 2011 18:02:50 +0000
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Your opinions are correct Mr.Amit Madhav.

 
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 03 12 2011 17:12:37 +0000
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i agree with you amit.
By satheesh , M.B.A student, VYSYA College,Salem  | 03 11 2011 19:27:01 +0000
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Hey Amit nice Idea. I have something else to offer. Choose brand ambassador Sachin Tendulkar & use referral system for limited addition car. Why referral & Why sachin-- There are more that 300 billionaires in terms of Rs. in India. Ferrari is face of sports. 99 % chance is that buyer likes fast cars or at least like car sports. If so then he must know few sports personalty of India if not Sachin. It will increase his desire to get that car because money is not his problem. Why Sachin-- Biggest sports brand ambassador of India.
By Mani Kant Mishra, SBU/Profit Center Head, FOR CLOSEED GROUP  | 03 11 2011 11:00:31 +0000
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I support your views, Amit.

It may get buyers, but what about the quality of the Indian road?
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 03 11 2011 09:00:14 +0000
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Hey Amit,

I agree with you. The limited offer can fulfill the aspirations of the few who can afford to buy, like all MNC or even companies sponsored  by Italian Govt.

This will , certainly, take away the void existing in the automobile industry in India where, the specific customers who are the connoisseurs of car  ,like Ferrari.

When Tata is developing flats in the range of crores, there is no doubt, guy living there will buy it.
By KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed  | 03 11 2011 07:12:11 +0000
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Yes may be.
By Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 03 11 2011 07:08:08 +0000
Argue for "It will survive in long run"
Argue for "It should have limited edition plan"
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