Rs.150 Crore Is Likely To Be Invested By Suzuki Motorcyles India
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Suzuki Motorcycles India Pvt Ltd, a wholly owned subsidiary of one of the world’s top two-wheeler makers, Suzuki Motor of Japan, intends to invest nearly Rs. 150 Crore by 2010-11 in India. This investment is done with an intention to enhance capacity from the present level of Rs.1.75 Lakh units per annum to Rs.4.5 Lakh units.
The company is looking at a 20-25% market share in segments where it is present. These segments comprise the 4-stroke gearless scooters, 125cc and 150, trade off, at least 40,000 units a month. It sells 10,000 units a month in the 125cc scooter segment, which will be notched to 25,000 units a month to augment market share to 25%.
SMPIL is geared up to introduce new models like 110 cc, 125 cc, 150 cc and 180 cc in the motorcycle categories. Whereas in the scooter category it will introduce 125 cc or 150 cc bikes.
[Source: Infibeam]
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Posted: February 21st, 2009 under Bikes.
Tags: suzuki, suzuki india, suzuki investments, suzuki japan, suzuki motorcycles india, suzuki motorcyles
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Balu
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Allen Taylor



























