North Americans certainly have had their fair share of expensive throwbacks to the past (need we mention the Ford GT?), but now India has their own heritage-sourced halo car. Enter DC Design's Ambeirod, scheduled to be unveiled this week at the New Delhi auto show. The conceptual retro ride, should it go on sale, would carry a steep RS 4 crore - or $1 million - price tag.

So what's the inspiration for this piece of Bollywood bling? Ford's Forty-Nine concept? The Nissan Figaro? Try the illustrious Hindustan Ambassador - the same Morris-based sedan that India adopted as it's native automobile for the past fifty years. That car's shape is there, hence the rounded fenders, circular lamps and that oh-so-unusual roofline. And, as the late John Z. DeLorean would confirm, nothing screams futuristic like a good pair of gullwing doors.

(Click through for more on DC's Ambassador revival)

The Ambeirod supposedly will offer passengers the utmost form of luxury within, providing three LCD video screens, internet and videoconferencing equipment and color-changing mood lighting. The car also is supposed to sport an "automated" instrument panel, which incorporates satellite navigation.

No word on what potential powertrain would move the Ambeirod, but rumblings have DC Designs working on a production-intent sports car. That car, supposedly dubbed the 'S,' would be inspired by Ferraris, use powertrain supplied by a "global" source, and retail for the equivalent of around $63,000. Could this be the dawn of an Indian Corvette?

+ BornRich: DC Design Ambeirod