Lamborghini's Growth in India Stalls Amid Trade Pact Challenges

Automobili Lamborghini is experiencing growth in India, despite not benefiting from the India-EU free trade pact due to its focus on plug-in hybrid cars, which are not currently covered by the agreement. Chairman and CEO Stephan Winkelmann shares optimism about future market potential and infrastructure improvements.

Italian supercar manufacturer Automobili Lamborghini is pressing forward with its expansion plans in India, despite being excluded from benefits under the India-EU free trade agreement. The company, which specializes in plug-in hybrids, finds itself outside the current pact that favors internal combustion engine vehicles.

Chairman and CEO Stephan Winkelmann is hopeful that future amendments to the trade pact might include hybrids, benefitting the luxury brand. Currently achieving over 100 unit sales annually in India, Lamborghini is optimistic about stable growth driven by favorable infrastructure and market conditions.

While no specific sales targets have been set, Winkelmann's focus remains on gradual growth in sync with market development. As global deliveries reached over 10,000 units, Lamborghini is preparing to capitalize on an evolving Indian market landscape.

(With inputs from agencies.)