This is what Italian supercar-maker Lamborghini wants from India
Automobili Lamborghini CEO Asia Pacific Matteo Ortenzi said frequent changes create disruption which in turn disturb the market, adding "then you have to set again your own way to process the things". "What is very important to us is the consistency of the policy that the government can apply in things, to have a long-term plan and strategy in order to be sure that we are able to set our strategy for delivery to the country and our pricing in the right way for the consumers here," he said.
High taxes on luxury cars in India are understandable but there must be consistency in tax structures and policy as frequent changes hamper market sentiment and business plans. Image source: Reuters