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New Delhi: Britain’s iconic motorbike manufacturer, Triumph, is all set to enter the Indian premium bike market and has appointed Ashish Joshi, the former head of Royal Enfield Europe, as the Managing Director for its Indian venture.
“India is a very important motorcycle market and Triumph has assessed it carefully before deciding to step in. We see it as the next step in our global business model,” Nick Bloor, Chief Executive Officer Triumph Motorcycles UK, said while briefing reporters about the company’s expansion plan in the country. He further added that the appointment of Joshi as the MD of the Indian venture is a signal of the company’s earnestness to be successful in India.
Joshi was the head of Royal Enfield European operations before joining Triumph Motorcycles. He was instrumental in establishing Royal Enfield’s business across Europe. He has an experience of more than 16 years in Europe and Asia.
Although, no specific timeline has been specified by the company for launching its products in the country, it is speculated that the company plans to roll out its superbikes in early 2012. It is not yet clear whether the company will import or assemble units in India. It is also speculated that the company is looking to launch around 6-8 models from its range of 20 super bikes; these include classics, cruisers and naked sports bikes. The prices of these motorbikes range from 4.8 Lakhs to 9.5 Lakhs in the United Kingdom.
Triumph has been linked for an alliance or a stake acquisition with Bajaj Auto in the past. The company was established in 1902, and it has now shifted base to Hinckley, Leicestershire. It is renowned for the broad range of bikes it offers. Tiger 800, Speed Triple, Daytona 675 and 2.3 L Rocket III are some of its popular markets. Top global players of premium super bike market are looking to make inroads in India and Triumph Motorcycles is the latest addition to the list of companies which include BMW Motorrad, Ducati and Harley Davidson.
Great news for bike fanatics and that would be, the launch of Suzuki GSX-R 1000 and Bandit 1250S. Could it be spicier news than this …
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For all bike riders, be it geared or non geared wearing a helmet is indeed necessary. This message of great importance is going to be spread by all bike lovers and the ones who cherish riding. Organizations like xbhp , PARA (Pune Automotive Racing Association) and Wheelie Boy, are coming together to spread both message and awareness of wearing a helmet while riding.
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The most recent version of Yamaha’s super bike YZF R1 is available in few selected authorized dealerships of Yamaha in the country.
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Royal Enfield (RE) has launched its most popular bike Bullet Classic 500 EFI in Delhi and Hyderabad. It sports a powerful 500 cc engine Euro III compliant delivering 27.5 bhp @ 5250 rpm and 41.3 Nm of torque @ 4000rpm.
Click here for more pictures of Royal Enfield Bullet Classic 500 EFI
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Hey Great News for Sports Bike Lovers!
Harley Davidson, United States based superbike maker has launched bikes in Indian market.
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Suzuki Motorcycle India Pvt Ltd introduced its iconic superbikes, the Hayabusa (1300cc) and cruiser Intruder M1800R. Both are priced at Rs 12.5 lakh (each) at ex-showroom, Delhi.
Suzuki targets to sell more than 350 superbikes per annum. Already Yamaha has introduced its YZF-R1 1000cc superbike and the MT-01, 1670cc, priced in the range of Rs 10-15 lakh. Triumph, the Italian buke maker also has launched its Multistrada, Monste and 1098 super bikes in India, priced in the range of Rs 15-55 lakh.
Suzuki is investing on the increasing demand for super bikes and will import 50 such superbikes this year.
We have already imported 30 bikes that will take care of a 20 day stock inventory at the dealership. We will be evaluating the response and going for more imports as the demand picks up.
- Mr. Atul Gupta (SMIPL vice-president) said.
Suzuki already has ordered 30 superbikes at 7 metros, where they will be selling these bikes. More than 70 percent bikes are the Hayabusa model.
We are currently evaluating the market. A lot of the product launches depend on the market response to the Hayabusa and Intruder, though we are expecting higher demand for the much smaller GSX-R sport bikes, which are in the 400 cc to 600 cc range of engine power.
-Mr Gupta said.