M.vinay

Garware To Locally Manufacture Hyosung Bikes





Garware Motors is planning to locally manufacture Hyosung bikes in India. The company is looking at 100% local content within two years on Hyosung bikes. Currently the two motorcycles being sold – the GT650R and ST7 are being assembled at Wai, near Pune, via CKD kits imported from S&T Motors, Korea. Garware Motors is looking at 40% local content in the first phase and is already in talks with a few vendors for the same. This decision will have a huge impact on the pricing of these bikes.

Garware Motors plans to launch the GT250R soon. This 250 cc machine will directly compete with the likes of the Honda CBR250R and the Kawasaki Ninja 250R. What is interesting is the fact that with 100% local manufacturing, the company will be able to compete on price with Honda’s CBR250R. Furthermore a price drop of close to 30% is expected on the GT650R and ST7, making them close to Rs. 4 lakhs price point, at which they look like a tempting option for those looking at getting into middle weight bikes.



Source - http://www.motorbeam.com/bikes/garwa...hyosung-bikes/

__________________
Ride Like A Devil
Feel Like An Angel

Noor

News approved

__________________
Happiness is finding you have another Gear left....

Join xBhp On

jigar2speed

Impressive, but not good enough. The price reduction has to be somewhere around 50 % bringing the 600CC sport bike cost at 3 Lakh margin, this is what the bike cost in US and every where.

__________________
My thoughts are subjected to personal experiences/internet articles. Please read my comment carefully before replying. :)

yellowspunk

650cc at 4L would be yummy !

__________________
Regardless, Life shall go on.

jairaman12

Does this mean that a GT250R could cost around 1.6-2lakhs on road.
That would be tremendous

__________________


J|_|L|AN

saipranav

aHHH... this will force all companies to bring bigger cc motor cycles and make them locally... i can imagine gt 650 selling like hot cakes

__________________

Apache 180

harsha645

good news for us
any idea when are they planning to start manufacturing here???

milancherian

some radical price cuts eminent in the near future!well done hyosung!to compete with this,am sure that kawasaki would be thinking of localization as well!this would mean the N650R would be like 3.5L and N250R would be under 2L.The superbike scenario in India is certainly heating up.Am Loving It!

__________________
I am THE BLITZ, rider of THE BLITZKRIEG !

Facebook : http://www.facebook.com/milancherian

Time Freeze(My Photography) : http://www.facebook.com/MilanCherianPhotography

MG

Don't raise your expectation guys. The topic name is incorrect, what is actually happening is that Garware is setting up a proper assembly line like the one for Ninja, they have temporary assembly setup right now.The new assembly line might result in the reduction of prices max by 20-30k.

__________________
Join xBhp On



My photography page: Gourab Das Photography

RanjithMN

Sorry,i dint understand that part

__________________
Smoke rubber,not tobacco.

-Life Through-the-Lens
-For HELLA/VALEO [BMW/AUDI/FORD/LINCOLN/SKODA],P220,Aftermarket Projectors,pls contact me!