It has been announced 
						that the Shreyans Group has been officially appointed as 
						importer for Ferrari in India, ending a long search by 
						the Maranello sports car maker for an India distributor. 
						The first Ferrari dealership will open its doors in New 
						Delhi in the spring while a second outlet is scheduled 
						to open in Mumbai later this year.
						The Shreyans Group will 
						setup an independent Ferrari India office with Ferrari 
						experienced professionals to manage the upcoming dealer 
						network. Long standing talks for Ferrari to enter this 
						key growth BRIC market had previously included Fiat 
						Group Automobiles joint venture partner Tata Motors. The 
						new deal with Shreyans Group also allows Ferrari to 
						begin to play a catch up in a market where many of its 
						sports car rivals are long established. Lamborghini 
						first arrived in India in 2006.
						"We are proud to 
						announce the partnership with Ferrari today. This brand 
						represents for us the epitome of success and we are 
						proud to partner with one of the world's most desired 
						brand. We will establish a highly qualified network of 
						Ferrari dealers across India to cater to the discerning 
						needs of our customer" said Ashish Chordia, Chairman of 
						Shreyans Group.
						The range of Ferraris 
						which will be sold in the Indian market includes the 8 
						cylinder Ferrari California and 458 Italia, and the 12 
						cylinder 599 GTB Fiorano, joined by the FF, the latest 
						model launched at this month's Geneva Motor Show. The 
						first dealership in New Delhi will carry the Ferrari 
						corporate Identity with an elegant and authentic design 
						as well as having a personalisation area to support the 
						clients in choosing the options to configure their cars. 
						There will also be a service centre.
						The Shreyans Group has 
						played a role in transforming luxury retail in India. 
						The conglomerate distributes and retails luxury products 
						including cars, yachts, super bikes, fashion articles 
						and jewelry. From the inception of the business, the 
						management has had a very clear vision: to offer the 
						highest quality products and after sales service, 
						providing customers with an unprecedented buying 
						experience. After several successful years, the group 
						now retails and distributes some of the world's most 
						prestigious brands.