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Suzuki Motorcycle India Pvt. Ltd., with its new GS150R bike aims to capture a 10% market share in the 150cc bike segment in India, which aims to sell around 5.5 Lakh units per annum.

The bike is price at Rs. 67000; the Suzuki GS150R has been rolled out with many rivals like Bajaj Pulsar 150 DTS-i, Hero Honda Hunk, CBZ X-Treme, Honda Unicorn, TVS Apache RTR160 and Yamaha FZ16.

The Company sold 110000 units (including scooters and motorcycles) in India, which targets for this year is 175000 units. Suzuki Motorcycle India plans to increase its capacity to 250000 units per annum by the end of this year and to 400000 units over the next three years.

Suzuki Motorcycle India has tied up with the Allahabad Bank, to provide retail finance for its bikes at discounted rates, under the “AllBank Mobike” Scheme.

In terms of Allahabad Bank, which has a strong existence in rural and semi-urban areas in North India, will ease the availability of consumer finance for Suzuki customers, with loan facilities being made available at all branches of the bank as well as all Suzuki dealerships across the country.

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