Ferrari Beats Flying Cars: Singhania's Verdict on Future Mobility

At the NDTV World Summit 2026, one of India's leading industrialists weighed in on the emerging landscape of automotive innovation, revealing a marked preference for established performance vehicles over experimental mobility solutions.

Gautam Singhania, who heads Raymond Industries, discussed the growing trend of concept vehicles including Tesla's anticipated flying Roadster and Porsche's Mission S model during panel discussions at the summit. Despite acknowledging the technological significance of these developments, Singhania indicated that traditional supercars, particularly Ferrari, remain his choice for the foreseeable future.

His remarks reflect a broader sentiment among automotive enthusiasts and industry observers who question whether futuristic concepts like flying vehicles will achieve practical viability in the near term. The distinction between concept innovation and market-ready solutions has become increasingly relevant as automakers balance investment in experimental technologies with consumer-focused product development.

The summit, held in 2026, brought together prominent business leaders and innovators to discuss technological advancements shaping various industries. Singhania's comments underscore the enduring appeal of performance-oriented luxury vehicles even as the automotive sector explores radical new directions in design and functionality.