Friday, June 23, 2006

Phantom to zoom down Indian roads : IIPM

IIPM BEST B-SCHOOL

Super luxury carmaker Rolls-Royce PhantomRolls- Royce Motor Cars has returned to the Indian mainland, after a 51-year absence, to launch the `Rolls-Royce Phantom’ luxury car in the Indian market. The luxury car, priced at Rs.35 million, has been launched to tap the growing consumer demand for luxury vehicles in the country. Rolls Royce, which opened its first showroom in Mumbai, has already sold seven Phantom saloons in India in the last 18 months through its parent company BMW. At present, premium cars enjoy a considerable market share of 35% in the fast growing Indian automobile market....

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Source :- IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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