Kontent News

My take on the commodity supercycle zeitgeist...and the rise of the precious metals, uranium and alternate energy. Get ready for peak everything, the repricing of the planet and "black swans" all over the place..

Tuesday, May 09, 2006

India is on the road to a transport revolution

Guardian Unlimited Business | | India is on the road to a transport revolution: "When Yohan Poonawalla took delivery of the first Rolls-Royce Phantom sold in India last year, the car was everything that he was promised. Inside the 2.5-tonne, 20ft vehicle was a hand-crafted walnut dashboard featuring a humidor. The tinted windows had electronically controlled curtains. Open the doors and out popped a silver-handled umbrella.
But the £500,000 vehicle's first miles in the country were traumatic for Mr Poonawalla. Picking it up from Mumbai, the 34-year-old scion of a wealthy industrial family had to drive the car to his home in Pune, 180km away. Despite its immense power - the Phantom zooms from 0 to 62mph in under six seconds - the car slowly picked its way through the maze of Mumbai's decrepit backstreets and gridlocked intersections"

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