UK's Triumph Motorcycle is soon to enter India
Published On Nov 15, 2010 12:00 AM By Team Bikedekho for Triumph Speed Triple
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British motor bike manufacturer, the Triumph Motorcycle, is soon to visit Indian bike world with its dynamic products. The company has achieved a prominent success of over 100 years and now like the other foreign bike manufacturers have been planning to bash the Indian economy. The UK headquartered company has maintained its stand world wide providing its users with quality and best featured products and promises to give the same to the Indian customers.
The first model by Triumph Motorcycle was launched long back in the year 1902. The company became every one's favourite with a wide range of products including the Cruiser bike, Super sports bike, Touring and Adventurous bikes. The British company produces motor cycles with an engine capacity ranging from 675 cc to 2300 cc. The company assures to keep updating its customers with latest and refreshed technology.
With a view to stand the Indian bike market, the company decides to tie-up with one of the Indian bike manufacturer and as per the officials, the hunt is on. Triumph Motorcycle also plans to pace its exports to the neighbouring countries from India. The company enquired that after receiving remarkable response from the Indian customers, it would plan to open its assembling plant in India so as to make the products available with reasonable price.
As the import duty are high, the company has to sell its product with a price range of $7,699 (Rs 3.4 lakh) to $17,300 (Rs 7.66 lakh). It is also possible that the price tag of the company's product increases all the more considering the duties. The company with this also assures to low down the prices after the re-assembling plants are established in India. The import duty is fixed to be around 110 percent more that of the original price.
Press Release :
Peter Huckin, export sales coordinator at Triumph, said, "Regarding our current situation, we are considering options for how and when to enter the Indian market. We see the market as having strong potential now and especially for the future."
