Ferrari Starts India Operation In January 2011

Ferrari plans to set shop in India early next year in order to increase its presence across global markets. The Italian super car maker has finally decided to launch its range of high priced cars in the country as it has seen great response in China. Currently, Fiat owns 85% of Ferrari and we could see the former helping Scuderia establish a base in the country. The company’s first offering will be the California followed by the 458. Pricing is expected to be north of Rs. 2 crore.