In this State of the Economy podcast, businessLine’s S Ronendra Singh talks to Balbir Singh Dhillon, Head of Audi India, about the luxury car market in India, focusing on the remarkable growth it experienced in 2023. With a year-on-year increase of 20 per cent, the market reached a record high of 46,000 units, surpassing the previous peak in 2018. Although luxury cars will represent just over 1 per cent of the overall Indian car market in 2024, industry experts expect sustained momentum…
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What are the prospects of the luxury car market in India? Audi India’s Balbir Singh Dhillon explains
