Bugatti Veyron 16.4 India Official Launch

The Bugatti Veyron was officially launched in New Delhi, India, on 28 October 2010, despite the 110% import tax which raises its price tag to an astonishing $3.6 million (about 160 million rupees), thus making it the most expensive car on sale in the country.

Until now, that title rested with the Mercedes Maybach, which retailed in the region of $1.3 million.

The company will deliver the supercars six to eight months after receiving the orders. There are no sales estimations at this time, according to Guy Caquelin, Bugatti's marketing manager for the Middle East, Europe and India.

Exclusive Motors, which is sole distributor for Bentley and Lamborghini in India, has been appointed official dealer and is now listed on Bugatti's website as its representative and "Official Bugatti partner of New Delhi."

Sources say that the first Bugatti Veyron has already been delivered to a Mumbai based realtor a few weeks ago and another two will meet its owner, a business tycoon in southern India, later this year.

The combined net worth of India's 100 wealthiest people climbed to $300 billion this year, equivalent to a quarter of India's gross domestic product. “People have more spending power and are getting more aware of owning beautiful things,” said Satya Bagla, head of Exclusive Motors Pvt., the dealer for Bugatti, Lamborghini and Bentley. “They are more ready to show their wealth.”