Thanks to bifurcation, the truncated state of Andhra Pradesh is flooded with new companies, MNCs, commercial complexes, malls etc. The latest to join this legion is showrooms of premium and luxury cars.
Given that most of the affluent and rich families hail from Seemandhra and new businesses coming up in the region, car manufacturers have turned their focus to Seemandhra. Benze, Audi, Volvo, BMW are all eyeing seemandhra market now. Already Benz had started its outlet near Vijayawada (Gudavalli) and Volvo set up its showroom in Visakhapatnam and now hunting for a showroom in Vijayawada.
As per the statistics compared with previous year, AP has recorded 62% growth in sales of luxury cars (April to October) post bifurcation whereas Telangana confined to just 22% growth. Regional Transport Authority (RTA)’s records too proving the same.