The world’s fastest and most expensive car will be entering India on the last Thursday of this month. Yes folks, on 28^th October, 2010, we have the Bugatti Veyron 16.4 Grand Sport making a regal entry into India’s car market. Exclusive Motors, which is the sole distributor of Bentley and Lamborghini cars in India, enjoys the privilege yet another time of being the official dealer of the legendary French car brand in the country. The growing club of millionaires in the country is being targeted.

Luxury brands like Rolls Royce and Maybach have seen the number of millionaire buyers swell by more than 50 per cent in one year. Well, the common man cannot afford these cars anyway. How can we ordinary mortals, who find it difficult to purchase luxury cars, afford a Rs 12 Crore worth super luxury car? Yes, sources close to the development say that the magnificent supercar would be priced at Rs 12 Crore. And, did you know a couple of buyers in India have already fallen prey to the wonder car’s beauty and power?

“The car is slated for launch soon but we cannot disclose its price and other specifications. There are a few customers for Bugatti, but again their identities cannot be revealed now,” said Satya Bagla, managing director of Exclusive Motors.

The Bugatti Veyron 16.4 sure has no competition in India as of now. The car has even crossed the 430 kmph mark to become the world’s fastest production car. It can sprint from a standstill to 100 kmph in a matter of 3 seconds or even lesser. The question, however, remains if our pathetic road conditions permit the Bugatti Veyron 16.4 to perform anywhere near its ability.

While the West is still trying to get out of the shock of the global downturn luxury car makers seem to not be bothered too much, thanks to the surging number of rich individuals in booming economies like India and China. Adding to the luxury brands fame is the increasing number of young Indians who are dare to flaunt and join the rich club.

Deepesh Rathore, managing director at market research firm IHS Global Insight says that the high net-worth individuals in India are getting younger and they want to enjoy their money with the huge legacy associated with legendary brands. “Bugatti will surely catch up in the country, particularly among the well-travelled Indian millionaires,” added Mr Rathore. Rolls Royce cars which cost over Rs 3.5 Crore already have over 60 customers waiting for deliveries over the next few years, he said.

Both Rolls Royce and Maybach have outsold their allocations for the Indian market. In the current financial year, all-imported super luxury car sales are expected to double to more than 200 units. Just the regular luxury car sales of BMW, Audi and the Mercedes-Benz brands grew 31 per cent to 8,316 cars during the first six months of the fiscal year.

The Indian car market has been moving at a super fast pace at an impressive 30 per cent rate over the last few months. A study also reveals that India is getting set to drive past China to record the world’s fastest auto sales growth. Let’s see!

The Veyron 16.4 has been named after French racing driver Pierre Veyron. The classic exclusive 1,001-bhp Bugatti Veyron 16.4 had made its world debut in 2005. It offers a stunning set of specifications, such as the twin clutch gearbox with seven speeds, the extraordinarily precise driving performance in bends and excellent stability when braking and accelerating. Just over 220 Veyrons have been built and delivered till date.