Triumph is in the process of finalising its plans for its Indian entry.
As we have reported earlier, the company has chosen Karnataka for setting up its manufacturing plant and has sought land in the state. Now, the latest news is that the iconic British marque is looking for approximately 30 acres of industrial land in Narasapur, an industrial town about 52 kilometres from Bengaluru. Triumph plans to invest approximately INR 850 crores in two phases on a manufacturing plant with an initial capacity of 250,000 motorcycles per annum.
Speaking to members of the press, M Maheshwara Rao, commissioner of industries and director of department of industries and commerce, stated that the company has placed before the government some specific requirements to set up their plant that includes allotment of 30 acres land at Narasapur Industrial Area in Kolar district. The proposed manufacturing plant would be operational by 2015, he added.