Singhania sees India's labor market as ideal for car restoration, seeking to import and re-export foreign vehicles.

Raymond's Chairman, Gautam Singhania, sees a big opportunity for car restoration in India due to its labor-intensive capabilities. With rising labor costs abroad and labor shortages, he believes India can capitalize on this sector. Singhania has discussed this with the government and his Super Car Club Garage seeks a license to import foreign vehicles for restoration and re-export, currently unallowed except for cars made before 1950.

2 months ago
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