A automobile expo is being held disconnected in Ahmedabad in Gujarat without precedent for India following the Covid-19 pandemic. An Ahmedabad gathering will sort out the first disconnected luxury car expo, ‘Auto de Glam’, a two-day occasion, where vehicles like Aston Martin Vantage and Ferrari Portofino will be seen alongside other best in class vehicles worth Rs 75 crores under one rooftop.
Expecting a good financial year in the coming fiscal, the car business which has been hit hard by Covid-19 and the lockdown, has restarted creation and is seeing record deals again with the progressive unwinding of the lockdown. The business was pounded gravely in 2020, yet the area is presently seeing a slow recuperation as far as shopper footfalls in display areas and deals volume.
The continuous lessening in Covid-19 cases has seen a developing inclination for individual portability to notice the Covid rules. This has carried cheer to the auto business, which is anticipating acceptable deals this year.
In spite of the fact that, having just 1.2 % of the general piece of the pie in the auto area in India, the extravagance vehicle market is relied upon to enroll CAGR of more than 6% during 2020-2025 in India. Taking a gander at this potential, an Ahmedabad based gathering is arranging the first since forever extravagance vehicle show in Ahmedabad.
The two-day ‘Auto de Glam’ will be hung on January 30 and 31 where extravagance vehicle brands like Ferrari, Aston Martin, Porsche, Mercedes, Maserati, Range Rover, Volvo, BMW, Audi, Mini, Jaguar, and others will be in plain view.
“In this first offline auto event in the country after Covid-19, we are expecting to have good response from the potential car buyers, where they will have a chance to talk to the company’s executives. As this event is purely registration based, it will ensure that all the necessary Covid protocols, guidelines and precautions are followed,” said Durgesh Agarwal from the DA group, one of the organizers of the event.
“This is the first such Expo for luxury car brands in the country. We plan to make it an annual event and add more products every year. This year we are having 11 luxury car manufacturers participating. Next year, we will be adding 4 to 5 more company products,” said Saurin Basu, from Aver Media, another organiser.
“Our purpose for the event is to bring positivity in the economy by showcasing the aspirational brands and also support the automobile industry to recover at a faster pace,” added Basu.
“We are expecting around 1000 visitors during this two-day event,” said Basu.
According to industry gauges, 34,500 to 35,500 extravagance vehicles were sold in the country in 2019, contrasted with 40,340 units sold in 2018.
Contrasted and 13% in China and 10% in the US, the portion of extravagance vehicles in India represents under 1.2% of the general auto market. India has in excess of 350,000 tycoons, yet the market size is yet to cross 50,000 units every year.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Ahmedabad Local journalist was involved in the writing and production of this article.