DSK Hyosung eyes 125-150cc bike segment in India
July 20, 2012: DSK Hyosung, the newly formed partnership between South Korea’s S&T Motors and Pune-based DSK Group to sell Hyosung-branded sports bikes, is eyeing a slice of the high-volume market 125cc and 150cc motorcycle market in India
July 20, 2012: DSK Hyosung, the newly formed partnership between South Korea’s S&T Motors and Pune-based DSK Group to sell Hyosung-branded sports bikes, is eyeing a slice of the high-volume market 125cc and 150cc motorcycle market in India.
The company plans to develop India-specific small capacity motorcycles in the next two years. Although the Korean firm sells its off-road bike, the RT125D in Europe and is studying the feasibility of the engine for India, the local partner plans to develop these small-capacity engines as well once the plant and the R&D centre are set up.
The company is still scouting for land and is hopeful of finalising a site in the next three months. In the meanwhile, DSK Hyosung is betting on its latest offering, the GT250R, to sell 3,000 units in 2012-13 with total sales of 3,750 units. The company has delayed the launch of its GV650 cruiser to September-October while the GV250 will be launched in December this year. The company is also working to expand the number of its 18 dealerships at present to 35-40 by March 2013.
AMIT PANDAY
RELATED ARTICLES
Continental exits TBR market in India, shifts focus to car and SUV radials
German tyre manufacturer aims to tap the double-digit market growth opportunity for big SUV and luxury car tyres which w...
New ZF SELECT e-drive platform gives EV makers a choice in 100 to 300 kW range
Modular e-drive platform optimally matches 800-volt overall system and components such as the electric motor and power e...
Daimler India CV and BharatBenz deliver 200,000th truck
Daimler India Commercial Vehicles' portfolio includes truck models ranging from 10 to 55 tonnes for a wide variety of ap...