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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition World World's costliest car goes on sale in India AFP - Saturday, October 30 Send IM Story Print World's costliest car goes on sale in India NEW DELHI (AFP) - – The world's most expensive and fastest production car has gone on sale in India, with luxury manufacturer Bugatti making its debut in the land of rickshaws. The Bugatti Veyron 16.4 Grand Sport, which has a top speed of 407 kilometres (250 miles) an hour, went on display in a car dealership in the capital New Delhi on Thursday priced at 160 million rupees (3.6 million dollars). Just 150 of the cars will be sold worldwide, though there will be few opportunites for the car to show its performance on India's potholed and notoriously congested roads. "India is the hub of luxury, the country of the erstwhile Maharajas, who were the true patrons of bespoke luxury," Bugatti executive Julius Kruta said in a statement, referring to India's former hereditary rulers. "We have in the past received a heartening response from our valued customers and I think the launch of the Bugatti in India will truly delight our discerning audience." A host of Western luxury car and motorbike manufacturers are targeting the Indian market where the fast-developing economy is minting new multi-millionaires every year. Shortcomings in public infrastructure are a major constraint on growth, however, and the nation's road network often features poorly maintained single-lane routes outside highly congested urban areas. One of the country's best-known fast-car enthusiasts, superstar cricket batsman Sachin Tendulkar, beats the traffic by taking his Ferrari out in the early hours of the morning in his home town of Mumbai. Iconic motorbike maker Harley-Davidson is the most recent major brand to bet on India's elite and has invested in a glitzy showroom in New Delhi, which opened in July. India has a record 69 billionaires, with 17 new members added to the exclusive club this year, according to business magazine Forbes. But some 836 million Indians also live on less than 20 rupees (45 cents) a day, according to a government report, while Indian statistics on health, infant mortality, malnutrition and income are worse than those for sub-Saharan Africa. Recommend Send IM Story Print Related Articles Grim stories of US soldiers' trauma in 'Wartorn' documentary AFP - 1 hour 55 minutes ago US-ENTERTAINMENT Summary Reuters - 2 hours 6 minutes ago Algerian independence film headlines Doha festival Reuters - 2 hours 11 minutes ago Gandolfini, Leo probe troubled marriage in "Rileys" Reuters - 2 hours 35 minutes ago U.S. teacher woos critics with debut novel Reuters - Saturday, October 30 News Search Top Stories Yemeni packages ignite fears of Al-Qaeda cargo plot EU treads uncharted waters to defend single currency US consumers help boost third-quarter growth Home rule in Vienna as Austrians pile into semis EU urges G20 to act to avoid currency war More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended IMF says dollar 'overvalued' Halliburton knew oil disaster cement was unstable: probe Conservation hope as vertebrates face extinction Argentina mourns death of former president Billions in Afghanistan aid dollars unaccounted for: audit More Most Viewed » Time, like all good things, may come to an end: study Spectacular unknown species found in Amazon Too much TV psychologically harms kids: study Iranian chocolate thief 'to have hand chopped off' Ancient galaxy is more than 13 billion light years away More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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