Know all about Porsche's newly launched 718 Cayman, Boxster models in India

In a bid to counter rivals like BMW and Audi, German luxury sports car maker Porsche on Tuesday unveiled two of its mid-engine models the 718 Cayman and 718 Boxster in India, priced at Rs 81.63 lakh and Rs 85.53 lakh (ex-showroom Delhi) respectively.

The German car giant is attempting to create a seperate mid-engine sports car portfolio with the new 718 series.

"In the last portfolio, the Boxster N and the Cayman N were priced very close to the 911. We wanted to create an identity as it exists elsewhere in the world," Porsche India Director Pavan Shetty told PTI.

While the top end model 911 is priced at Rs 1.47 crore, now the 718 Cayman and 718 Boxster are in the Rs 80-86 lakh bracket. This gives the brand identity of each of the models and the grid for the customers to differentiate, he added.

The 718 series is a continuation of the tradition of small, powerful, turbocharged four-cylinder flat engines in combination with the latest technology innovations. The Cayman will now represent the entry model of Porsche, the company said.

Powered by 2-litre engines, both the 718 Boxster and 718 Cayman shift from 0 to 100 km/h in 4.7 seconds and have a top speed of 275 km/h. Both have six-speed manual transmission as standard.

Shetty said last year Porsche sold around 400 units in India, similar to what it had sold in 2015. "This year, with the new models coming, we definitely will improve from last year," he said. "Within three months we will have something exciting to launch," he added, without sharing details.