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MUMBAI: Japan's Kawasaki Heavy Industries, on Saturday officially entered the Indian market with the launch of its subsidiary, India Kawasaki Motors.
"We will set up an unit in India to assemble, import and sell our motorcycles in the country. The initial capital for setting-up of India Kawasaki Motors at Pune will be Rs 5 crore," Kawasaki Heavy Industries' chief representive, (India), Masaaki Ishijima, told reporters in Mumbai.
The unit will be set up at its partner Bajaj Auto Limited's Chakan plant in Pune.
India Kawasaki Motors is likley to launch several supersport, sport and cruiser models primarily in the 250 cc class in the coming days in the Indian market.
"We have already launched Ninja in the Indian market. We have received a good response from the customers. We have targeted to sell around 1,000 units of Ninja in 2010," Ishijima said.
Kawasaki entered into a technical assistance agreement with Bajaj Auto Limited in 1984. Under the agreement, Bajaj has produced and sold motorcycles in collaboration with Kawasaki.
"We will assemble our two-wheelers in Bajaj Auto's Chakan plant. Kawasaki's bikes will be available at Bajaj's pro-biking line of showrooms across the country," Ishijima said.
"We will set up an unit in India to assemble, import and sell our motorcycles in the country. The initial capital for setting-up of India Kawasaki Motors at Pune will be Rs 5 crore," Kawasaki Heavy Industries' chief representive, (India), Masaaki Ishijima, told reporters in Mumbai.
The unit will be set up at its partner Bajaj Auto Limited's Chakan plant in Pune.
India Kawasaki Motors is likley to launch several supersport, sport and cruiser models primarily in the 250 cc class in the coming days in the Indian market.
"We have already launched Ninja in the Indian market. We have received a good response from the customers. We have targeted to sell around 1,000 units of Ninja in 2010," Ishijima said.
Kawasaki entered into a technical assistance agreement with Bajaj Auto Limited in 1984. Under the agreement, Bajaj has produced and sold motorcycles in collaboration with Kawasaki.
"We will assemble our two-wheelers in Bajaj Auto's Chakan plant. Kawasaki's bikes will be available at Bajaj's pro-biking line of showrooms across the country," Ishijima said.
Kawasaki to set up bike manufacturing unit at Bajaj's Chakan plant-Two-wheelers-Auto-News By Industry-News-The Economic Times
can anyone double check the info
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