German car maker Porsche has launched the new generation of its sports car Panamera in India, priced between Rs 1.19 crore and Rs 1.99 crore (ex-showroom, Delhi).

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The company has launched five variants of the second generation Panamera, a four-seater sports car, for sale in India, Porsche said in a statement.

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"The Panamera is Porsche's unique offering in the Gran Turismo segment... With its introduction in India, our customers can look forward to a thrilling alternative in this segment," Porsche India Director Anil Reddi said.

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The new Panamera comes with a host of features as standard equipment, including electric sun roof, Porsche Communication Management plus Navigation, Bose sound system, and Park Assist with reverse camera, the company said.

Customers can also avail an extensive list of optional equipment on the car including full LED headlights and a surround sound system, it added.

"The new Panamera is available for order as of today across the eight authorised Porsche centres in India," it added.