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Thread: Triumph Motorcycle maybe in India, soon!!

  1. #1
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    Default Triumph Motorcycle maybe in India, soon!!

    Following the launch plans in India of several global superbike making companies, the 100-years-plus, UK-headquartered, Triumph Motorcycle is evaluating opportunities to mark a foray here, to cash in on the booming economy.



    The Leicestershire-based firm, also the largest surviving British motorcycle manufacturer, is said to exploring a tie-up with an Indian company which would be able to handle imports and distribution not only in India but in neighboring countries, too.

    Triumph rolled out its first motorcycle in 1902 and has legendary status in the automotive space. Their move comes at a time when sales of luxury products, especially cars and motorcycles, have scaled new heights, thanks to improved spending power among Indians.

    Confirming the development, 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."

    Triumph manufactures a variety of models under the segment of Roadsters, Supersports, Adventure, Touring, Classics and Cruisers. Its engine size ranges from 675cc to a massive 2,300cc.

    While companies like BMW of Germany, which has experience of assembling cars in India through its Chennai plant, will start importing its superbikes in a few weeks, others such as S&T Motors through the Hyosung brand will assemble their bikes with the help of an Indian company.

    Although the Indian market has very few local manufacturers such as Bajaj Auto and TVS Motors, Triumph will not have too many options to choose from to explore a tie-up. Hyosung had to tie up with the Pune-based Garware family, which has no recent experience of marketing cars or bikes.

    A few days ago, the US’ iconic Harley Davidson announced assembly plans for India through a plant to be operational by next year. This will bring down the cost of a Harley substantially.

    However, Triumph will be looking to sell its bikes via the completely built unit route, possibly starting with a limited range of offerings. Based on the response, it could expand the number of models in later months.

    The import route will more than double the cost of the bikes, after adding a 110 per cent import duty. It is imposed to discourage imports and promote local manufacturing.

    The cost of Triumph bikes in the US ranges from $7,699 (Rs 3.4 lakh) to $17,300 (Rs 7.66 lakh). Their ex-showroom prices in India could start at more than Rs 7 lakh, considering the high duties.

    Source:UK's Triumph Motorcycle considers India entry

  2. #2
    Super Moderator sunilg's Avatar
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    News approved.
    (Been There Done That) x 3.25

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    Good good; hope to expect a Triumph Bonneville or Speed Triple
    But who will provide the service? The biggest headache again will not only be the high duties, but the RTO who'll provide maximum difficulties on all possible ways
    Skill is what keeps you on a Motorcycle
    Awareness + Skill is what keeps you out of harm's way
    ATGATT + Awareness + Skill means you might Live To Ride another day

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    110% import duty, on the context that it saves Indian manufacturers from competition is not fair in my opinion. There is no Indian manufacturer making motorcycles in that segment.

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    speed triple = MI2

    Lets hope they come in india
    [SIGPIC][/SIGPIC]The Moto Cafe - India's first bike theme cafe @ Chandni Chowk

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    i`ll pray every day !!!!!!







    please GOD , P L E A S E

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    Aaaahhh. The day I've been waiting for!! I would get to see my favourite bike - The speed triple.
    Still a long way before I can think of buying one tho. A sight would be more than enough for now
    respect ma authoritae!!

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    Excellent news.. But the Co. should plan n work out a plan of getting it thru the CKD rout.. This shall cure two things.
    1. Cost Effectiveness, cost drastically going down. Enthusiasts getting benefit directly.
    2.Possibility of partnering it thru an experienced Group for better service experience.

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    In other news, our Environment minister made a sad face after hearing this news.
    My thoughts are subjected to personal experiences/internet articles. Please read my comment carefully before replying. :)

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    ARE THEY HERE YET !!!



    ARE THEY HERE YET !!!!




    (god sounding like a kid about to get his b`day present )




    BTW ARE THEY HERE YET ????

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