The US based-bike manufacturing company planning to enter Indian market by next year
Victory Motorcycles, US-based company is looking forward to participate in next year’s Delhi Auto Expo and maybe enter Indian market in second half of next year, depending on the response they get at the Expo. Following the success of Harley Davidson, which sold on an average more than 2 units every three days this calender year, Victory Motorcycles, manufacturing luxury touring bikes, classic-styled motorcycles and inter-state cruisers, is keen on entering the growing motorcycle market here. The company is aiming to introduce models that would be best suitable for Indian riding conditions and roads. Harley managing to get its costs as low as Rs 5.5 lakh for their basic model, Victory Motorcycles will face tough competition as their price range is between Rs 5.68 lakh and Rs 12.73 lakh internationally. With Indian government’s high import duties the price of these bikes will effectively be doubled since they will be imported as CBU’s. The Indian bike enthusiast will have to wait and watch out for next year’s Auto Expo and hope, that just maybe the import duty rates are relaxed a bit.
Words: Raymond Raj