Mercedes was first and over the last few years BMW, Audi, Porsche, Bentley, Lamborghini, Rolls Royce and the Land Rover entered India. Now plans are buzzing around Lexus, Ferrari and Aston Martin, plans to enter India soon.
Source: Economic Times
Rising middle class incomes and increased competition are expected to push car sales in India past the 2 million units mark by 2010. Statistics show that in 2001-2002 there were 20,000 families in India with annual income of more than $250,000. By 2005, that number is at 53,000 and by 2010, India will have an astonishing 1,40,000 millionaires.