Companies

Italian superbike maker Benelli aims to be market leader in 500 cc bikes segment

PTI Mumbai | Updated on February 18, 2019 Published on February 18, 2019

Vikas Jhabakh, MD, Benelli India and Dante Bustos, Chief Marketing Officer, Benelli Global at the lunch of adventure range of bikes Benelli TRK505 and Benelli TRK505X in Mumbai on February 18, 2019.   -  BuinessLine

Launches adventure tourer TRK 502 and TRK 502X priced at ₹ 5 lakh and ₹ 5.40 lakh respectively

Italian superbike maker Benelli on Monday launched adventure tourer TRK 502 and TRK 502X in the country priced at ₹ 5 lakh and ₹ 5.40 lakh, respectively.

Owned by Chinas Qianjiang group, Benelli had last year roped in Hyderabad-based Mahavir Group for the local manufacturing and distribution of its motorcycles in India.

The two new 500 cc bikes comes equipped with powerful twin-cylinder engine.

The company is looking to sell 1,500-2,000 units of the two new models, Benelli Global’s chief marketing officer Dante Bustos said at the launch.

“Benelli is aiming to achieve leadership position in the 500 cc segment bikes in the country,” Bustos added.

“We have launched the TRK range as the first adventure offering from Benelli in India. The launch of the TRK range is just the beginning and we are committed to bringing many more exiting Benelli products through 2019,” said Vikas Jhabakh, managing director, Benelli India said.

The online bookings for the TRK range has commenced from Monday, he said.

The facility, with an initial capacity of 7,000 bikes per year, will be located near Hyderabad where the complete knock-down (CKD) units would be assembled. However, the capacity can be increased depending on the demand.

The partnership entitles Adishwar to assemble, manufacture bikes and import exclusive range of the bikes from Italy and Southeast Asian regions.

Benelli had earlier also partnered with Pune-based DSK Motowheels of DSK group for marketing its bikes in the country with engine capacities in 250 cc to 1,200 cc range which was discontinued after an alleged fraud by the group.

Published on February 18, 2019
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