New Bike Launches in India

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.

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.

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.

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), announced that it has cumulatively touched the 10 million (1 crore) customers milestone.

The growth curve is impressive as the company had achieved its 1st million (10 lakh) mark in five years but crossed the last 10th million in just 5 months in the world’s second largest two-wheeler market.

 

Thanking Honda customers, Mr. Y. S Guleria, Vice President, Sales & Marketing, HMSI said, “We thank our valued customers and reaffirm that as the fastest growing two-wheeler company of India.” Talking about the rapid growth in India Keita Muramatsu, President & CEO, HMSI said, “Going ahead, Honda will intensify its efforts to rapidly expand production, network and continue to achieve many more million smiles introducing advanced Indian centric products across all motorcycle & scooter segments to realize our Dreams for India.”

 

 

Metro Tyres Limited, one of the leading manufacturers and exporters of two wheeler tyres in India, unveiled a new logo along with a new advertisement campaign.

The new identity is designed to profile Metro as a company that understands youth aspirations and reaches out to young people, India’s dominant demographic segment, with cutting-edge products.

“Metro Tyres has evolved significantly over the years with a view to staying ahead of the dramatic changes in the Indian business sector.  Today, our company is present in more than 53 countries and is the largest exporter of bicycle tyres and tubes from India,”said Rummy Chhabra, Managing Director, Metro Tyres Limited.   “Our new visual identity consists of a re-designed Metro name, appearing in italics to represent motion and speed. Complementing the logo, our advertisement campaign is a story of transformation: from a child to a youth. In doing so, it reflects who we are today and the company we aim to be tomorrow.”

Metro has an exclusive tie up in two wheeler tyres with Continental, Germany, one of the world’s largest tyre companies. With a market share of 24 percent in India, Metro Tyres manufactures close to 30 million tyres annually in its seven state-of-the-art plants in North India. The company sells its products through a network of 10,000 dealers spread across India.   In addition, it is the sole supplier of tubeless tyres for Honda CBR 250R and also supplies to Bajaj Auto, Piaggio and Suzuki, among others.