Gautam Singhania, the Chairman and Managing Director of Raymond and the Founder of the Super Car Club of India, has identified a significant opportunity for restoration work in India. Speaking at the Bharat Mobility Global Expo 2025, Singhania emphasized the potential for growth in this sector due to India's labor-intensive nature.
Singhania explained that the rising labor costs and scarcity of labor in foreign countries present a chance for India to excel in car restoration and mechanical work. He compared this opportunity to the shift of the textile and engineering industries to India from Europe. Singhania has discussed this potential with the government, hoping for positive developments.
Expressing his optimism about the Indian economy, Singhania highlighted the country's vibrant market of 1.4 billion people and high consumption levels as reasons for his positive outlook.
Singhania also spoke about the Super Car Club Garage (SCCG), which started in 2007 as a small group of car enthusiasts and has grown into a major movement. The latest event attracted over 250,000 attendees and set a record with 580 vehicles, including supercars, superbikes, vintage cars, and more.
SCCG, supported by Singhania, is seeking government approval to import foreign vehicles for restoration and re-export. Current regulations only allow the import of cars manufactured before 1950, limiting restoration work for international vehicles.
Gautam Singhania is a well-known businessman in India. He is the Chairman and Managing Director of Raymond, a famous clothing company.
Raymond is a popular Indian company that makes clothes, especially suits and fabrics. It is known for its high-quality products.
This is an event where people talk about new ideas and technologies related to transportation in India. It is a place for experts to share their thoughts on how to improve mobility in the country.
Car restoration means fixing old cars to make them look and work like new again. It involves repairing and replacing parts to bring the car back to its original condition.
This is a special place where people who love fancy and fast cars can come together. They organize events and activities for car enthusiasts.
This means bringing cars from other countries into India. Right now, there are rules that only allow cars made before 1950 to be imported for restoration.
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