The average buyer for such a yacht are "extremely private, very wealthy," according to Paul Moran, CEO of Eastwind Yachts, which is the broker for the sale.
The live auction, which will include items specially curated for Indian collectors, is a step forward for the country’s art market.
“This award is a special honor for us and our flagship,” explained Peter Mertens, Board Member for Development at AUDI AG.
According to the company, as the concept of luxury tourism is changing, so is the target audience for these holidays.
The maker of the iconic Birkin and Kelly bags confirmed its "ambitious goal" for revenue growth at constant exchange rates, despite what it termed growing economic, geopolitical and monetary uncertainty.