DSK Motowheels Private Limited, a part of the diverse DSK Group worth Rs 4000 crore, are targeting to achieve an ambitious sales turnover of Rs 100 crore from their newly launched two-wheel venture with Hyosung (SMT Korea).
Shirish Kulkarni, Director, DSK Motowheels stated that they aim to sell 3,780 units in total, including all the 3 offerings. Currently, the company offers the GT 250R priced at Rs 2.8 lakh (ex-showroom), the GT 650N and GT 650R which are priced between 4.2 lakh and 5.5 lakh (OTR, Pune) respectively and the ST 7 cruiser that comes with a price tag of Rs 6.57 lakh.
As you all are aware, DSK recently acquired Garware Motors’ stake in Hyosung and will shortly be setting up a Rs 300 crore manufacturing plant in India within the next two years. DSK Motowheels will be importing engines directly from Korea and assembling them in India.