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Louis Vuitton Moet Hennessey opens yacht business in India

By Adrian Prisca


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Princess, firm belonging to Louis Vuitton Moet Hennessey Group, has recently shouted the release of their first Indian yacht business yet. Aiming for a sum of five different luxury boats, the prices for the ships costs from the cheapest Rs 4 crore to the exquisite R2 30 crore, their pride.

The Director of Princess’ international distributor for the country, Navnit Marine, Sharad Kachalia, declares that they will sell around 5 yachts within the upcoming year. Bill Barrow, the sales manager, is confident that they’ll do their quota.

Barrow also declared that the prices of yachts nowadays are sky-high, and a good way of getting the customer’s attention is to design the smallest in the Princess series; a 39-ft yacht is being designed by the UK-based company, previously bought by LVMH in 2008.

Given the fact that the company sells its products in no less than 65 countries, Barrow avoided answering a question about the entry into India, if it was strategically-pointed or not. He’s optimistic about the current economical growth of the Far East. Anyways, given the current economic standing, luxury-yacht business is in the middle of its growth.

Thus, Navnit Marines keep their contract with five other yacht-makers. They’ve even sold 100 yachts since the company got lunched, back in 2002. There’s a lack of supporting infrastructure, such as marinas, that could make this business go at even higher standards.


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About Adrian Prisca

Founder of Luxatic and countless other projects, Adrian has shaped this website into a go-to source for discerning readers looking for the latest in luxury products and experiences. He has over 15 years of experience in creating, managing and publishing lifestyle content across numerous platforms and he’s considered a leading voice in the luxury industry.

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