The leading motorcycle manufacturer of Japan, Suzuki to launch new bike in India. Suzuki is slowly but steadily tightening it's grip over the Indian motorcycle industry. Suzuki has recently launched it's cult superbike, the Hayabusa and cruiser, the Intruder to improve its brand image in India.
Suzuki Motorcycle India Pvt. Ltd.(SMIPL) is targeting to capture 10% market share in 150cc segment with the launch new bike GS150R - it's first 150cc bike and as it has joined hands with Allahabad Bank to provide loans to the customers.
Suzuki plans to invest around Rs 150 crore over a period of 3 years in India to ramped up its production capacity from 1.75 lakh bikes to 4.5 lakh bikes per year. The company official said that over the next three years, Suzuki launch new bike. In bikes segment, it might be in the 110cc, 125cc, 150cc and 180cc segment. In scooters segment, it would be in the 125cc or 150cc category.
Wednesday, July 15, 2009
Suzuki to launch new bike in India
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