Italian sports car maker Automobili Lamborghini expects sales to rise threefold in India in 2019, a year ahead of its earlier plans, riding on the back of its new super luxury SUV Urus. With a waiting period of nine months for Urus in 2019, the company is confident of becoming...
India Overtakes Germany, Is World's 7th Biggest Stock Market
India's stock market edged past the equity market of Germany -- Europe’s largest economy -- for the first time in seven years, according to data compiled by Bloomberg. India’s positive returns this year is due to companies’ reliance on domestic demand which enabled them to avoid the meltdown in other...
Global Fashion Companies to Launch Stores in India
Having tasted online success in India, Baltimore, Maryland-based Under Armour, U.K.'s Dorothy Perkins, Dutch Scotch & Soda, and Italy's Replay plan to set up brick-and-mortar stores across the country. Research portal Statista based in Hamburg, Germany, predicts that India's clothing market will reach $100 billion by 2020. Under Armour aims...
Benelli to set up R&D, Assemble, Manufacture Motorcycles in India
Italian motorcycle brand Benelli, that is now a part of China's Qjian Jiang Group, has partnered with Hyderabad, Telangana-based Mahavir Group's subsidiary, Adishwar Auto Ride International. The partnership entitles the Indian entity to assemble and manufacture motorcycles, as also import an exclusive range of motorcycles from Italy and Southeast Asia. Dante...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...
Ducati Expands Business in India
Launching its latest dealership in Chennai, India, Bologna, Italy-based bike manufacturer Ducati now has a total of eight such facilities in the country. The company currently has showrooms in Delhi-NCR, Mumbai, Pune, Ahmedabad, Bangalore, Cochin and Kolkata. The entire range of Ducati motorcycles including Monster family, XDiavel, Multistrada, Hypermotard, SuperSport...