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Audi expects India to be among top 10 markets

German luxury car maker Audi expects India to be among its top 10 global markets within the next decade. Currently, the country is outside of the top 20 global markets of the company. The company, which is marking 10 years of operations in India this year, is also looking to double its overall sales of 60,000 units that it has achieved in the last decade at a much faster pace. Audi India launched its new A3 sedan with price starting at Rs 30.5 lakh (ex-showroom Delhi) as part of its strategy to reinforce product portfolio preparing for the next decade in India. “For Audi India is going to be an important market in the next 10 years too. There are so much of resources in the country and we see a lot of potential for growth here,” Audi India Head Rahil Ansari said. Ansari said as part of reinforcing the company’s position in India Audi will launch ten new products in 2017. “Next year, many more will follow, some of which are globally announced already,” he said without sharing details.

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Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

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