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1、外文翻译原文luxurycarmarketinindiaMaterialSource:http://ssrn.comAuthor:SrinivasAcharya;RibhuMahajanLuxuryCarMarketinIndiaLuxuryisallsetforanunprecedentedflourishhereastheIndianconsumerhasovercometheguiltpangsassociatedforageswithindulgence.ThesizeoftheluxurymarketinIndiaisestimatedataround$3
2、.5billion,andwhat’sbest,giventherightmomentum,itcouldeasilyleapfrogto$30billionby2015.Indiansarelappingupluxuryassets,servicesandgoodswithvoraciousappetite.Indianssplurge$2.9billiononluxuryassets(essentiallyprivatejetsandluxuryhomes,cars,yachtsandart),spendanother$953milliononluxuryser
3、vicesandtopitbybuyingluxurygoodsworth$377million.Beitprivatejets,art,yachts,luxuryhomes,top-of-the-linecars,spas,finedining,travel,holidays,jewellery,state-of-the-artelectronics,wines&spirits,apparelsorpersonalcareproductslikeperfume,theconfidentIndianconsumerisgoingforitall.“Ihavearri
4、vedandIwantit,”iswhatresurgentIndia’screamylayerfeels.Thetypicalluxurybrandconsumerisinthe25-38agebrackets,usuallyanindustrialist.TheIndianconsumerwantstogetthebestbeforeothers,demandsvalueformoneythroughtoughnegotiations,andlooksforwardtorecognitionandrespect.Apartfromindustrialists,t
5、hebigspendersidentifiedincludeprofessionals,self-employedandtopgunsworkingforleadingcorporate.Consumersofluxuryarelocatedacrossthenation,beitKanyakumariinthesouth,JalandharandLucknowinthenorth,SuratandPuneinthewestorAsansolintheeast.Mumbai,Delhi&Bangalorearethetopthreecitiesintermsofru
6、peemillionaires.Thereareanumberofchallenges;too,fortheluxurybusinessandthisincludepaucityoftrainedmanpower,regulatoryissuesandhightaxation,thesurveypointedout.Theimportdutyonpremiumcars,forexample,stoodat205%whilewines&spiritsinvite185%customslevy.Sincetheluxurymarketisnotorganized,the
7、organizationsconcernedarenotworkingtogetheronindustryissues.Asaresultgrowthremainsbelowpotentialandregulatoryissuesarenotbeingpursuedvigorously.AscomparedtothemarketsliketheUS,Japan,GermanyandevenChina,thesizeoftheIndianluxurymarketissmallbutthegrowthpotentialistremendous.Likeanywher