Though India is a developing country, yet it is liberally independent economically and has its own resource strength globally. It is not much further behind the world's rich countries. Indian millionaires are turning their head towards with many expectations into the luxury yachts. We need more developments in the Super yacht market. Solid infrastructure is badly needed to grow this industry.
Rich millionaires are demanding luxury lifestyles. So the growth path of the Indian Yacht market can become one of the largest luxury markets. Better designs are to be incorporated to attract both the individual and corporate buyers.
One must remember that with market liberals in the global market, Indians have made money so they will pave one way or the other to show it off. Marine coastlines or charter yacht is a desperate need.
Booming Industry
The return revenue according to the reports submitted by the Yachting Association of India is nearly Rs 1.5 billion to Rs 5 billion. The industry is still growing and is surely expected to grow in the coming few years. Right now, Mumbai, Goa, and Kochi are the only Yachting destinations. Since foreign brands are dominant in India, Indian companies can easily enter the market and present its own designs. Dealer contacts have to be made more effective to generate sales. Marina also needs to be developed by removing too many pollutants in the sea and sulphur. Docking facilities are to be taken care of as a proper docking place is needed. Developers can take this as a challenge and a good business opportunity.
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| Photo Courtesy - Worldwide Yacht Charters Network - India Yacht Charters |
Yacht market watchers have largely targeted the corporate buyers who prefer these luxury yachts for their top executive meetings, parties, or for leisure. The most lucrative these yachts would be the corporate sector would book them accordingly. The individuals can never be far behind, As rich individuals prefer to celebrate lifestyle in a very private manner.
The Indian yacht industry will also boost significantly the waterfront marine industry along with the tourism industry. One cannot forget that employment will increase ranging from hotel and hospitality industry, water sport, indoor sports, wine and liquor, boat sales and maintenance industry and so on.
Ultra luxury with personalized services is keenly observed amongst the rich millionaires. Sleek liners can now be seen along the coast of Mumbai Harbour. It has now become a hub of South Asia. One can see growing prosperity in yachting in this geographical area. A club culture in yachting is seen more than foreign holidays. One can see with close eyes that yachting industry has vibrancy in its own and quite a lucrative luxury market. The rich want to go to the secluded beaches along with their family and friends and spend a liberal holiday.
India Yacht Charters are one of the few companies that are carving a niche in this industry and bring out the best of the luxury liners for the elite classes of India.
About Author:
Worldwide Yacht Charters Network provides a directory of the world's premier charter brokers that can organize your dream vacation on the best Yachts that are available for exclusive private charter at affordable rates & budget. Worldwide Yacht Charter Network is a part of the Superyacht Marketing Group, the world's largest network of yacht charter companies.
Contact us at indiayachtcharters@gmail.com for all your inquiries & we will get you the best charter deals & packages for any country.
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