Garware Motors targets 2K bikes sale this fiscal

Garware Motors which has recently launched two new superbikes in Indian market targeted to sell around 2,000 bikes in this financial year. To spread its wings in the market, the company is claimed to open 15 new dealership across the country in three months.

Garware-Hyousung Motors which is a joint venture between India based Garware Motors and Korea's leading bike manufacturer Hyosung Motors has launched one supersports bike Hyosung GT 650R and one cruiser Hyosung ST7 earlier this week. Both the bikes are priced between 4.97 lakh to 5.96 lakh (Ex-showroom Delhi) which are similar as Harley Davidson SuperLow and Hyosung Davidson Iron 883.
 

Mr. Diya Garware, Managing Director, Garware Motors said that the company is targeted to sell 2,000 units of both bikes in this financial year and to spread the business, the company will open 15 new outlets pan India in three months. But first of all five new dealership will be opened in Hyderabad, Cochin, Chennai, Ahmedabad and Chandigarh in next two-months.
 

Hyosung Motors is Korea's leading two wheeler bike maker company which is owned by S&T Group. And now for the second time the company has launched its bikes in India. After launching these superbikes in India, the firm is considering to bring some 250cc to 400cc bikes against Honda CBR 250R and Kawasaki Ninja 250R. Hyosung Motors is assembling its bikes at Pune based assembly plant. 
 

Remember, Hyosung GT 650R is powered by a 650 cc engine and available in two variants like single tone at Rs 4.97 lakh and double tone at Rs 5.13 lakh. Its cruiser Hyosung ST7 is packed with a 700cc machine has price tag of Rs. 5.96 lakh. After launching in New Delhi, the company has launched both bikes in Pune and Mumbai and Arjun Rampal is brand Ambassador of the company.