Triumph will launch their motorcycles in India by end of 2013 and unlike previous reports, they won’t be CBUs. A special delegation of many British businesses, including Triumph, is in India currently for expansion into our country. Triumph are setting up a new factory in Karnataka on a 30-acre land to assemble and build bikes for sale in India. Triumph is also developing a completely new India-specific 250cc bike which will be launched in India next year, in 2014. This bike could be exported globally.
Triumph will initially launch their existing models in India which will be assembled at the Karnataka plant. The Completely Knocked Down kits will be imported from either the British plant in Hinckley or from the Thailand plant to keep the costs as affordable as possible by avoiding the high taxation rules in India for fully imported vehicles. Triumph will also work on opening dealerships in all the major cities till the time all the logistics are finalized.
“India is a very important motorcycle market and Triumph has assessed it carefully before deciding to invest. We see it as the next step in our global business model and this week’s visit will, I hope, help us to foster further relationships with local businesses to allow us to progress our plans within the Indian market,” Nick Bloor, CEO, Triumph, said.
Triumph is developing a brand new India-specific 250cc single-cylinder bike at a special R&D facility in India itself, right now. This motorcycle will be launched in 2014 and will be completely manufactured in India. Triumph has said that India is very important for them as the size of the bike market in the country is huge. They expect to manufacture almost 3,00,000 to 5,00,000 bikes in India in due course of time, which is almost 10 times their current production combining the UK and Thailand plants. The company could make India a hub for exports to emerging markets.
