InterGlobe General Aviation Pvt Ltd announced on Tuesday that it has changed its brand identity to InterGlobe Established Products Pvt Ltd as the company gears up to offer luxury cars, bikes and yachts for the Indian market.
Mr Nigel Harwood, President and Chief Executive, InterGlobe Established Products said, “We are delighted to announce our new identity and look forward to offer new products in the Indian luxury market. The luxury market in India is estimated to grow annually by 25 per cent and with the emergence of young high net worth individuals, it creates an interesting and exciting market.
The company unveiled a large number of products from its portfolio including the super-car Koenigsegg Agera. Other products include high-end motorcycles from Italian firm Vyrus as well as a cruiser motorcycle from Hollisters. The company has also tied up with yacht makers ISA and Arcadia to offer luxury yachts to the customers in India.
InterGlobe Established Products will be the only dealer of these luxury products in India. Commenting on the company's decision to expand its product portfolio from private jets, Mr Harwood said, “We are very committed to our business aviation vertical but the new products launched today is something that our customers also demand.”