KOLKATA: Suzuki Motorcycles India Pvt Ltd, a wholly owned subsidiary of one of the world's top two-wheeler makers Suzuki Motor of Japan, plans toinvest nearly Rs 150 crore by 2010-11 in India to enhance capacity from the present level of 1.75 lakh units per annum to 4.5 lakh units.
The company may invest an additional Rs 150 crore to shore up capacity to 9 lakh units.
The company is looking at a 20-25% market share in segments where it is present. These include the 4-stroke gearless scooters, 125cc and 150 cc motorcycles.
In the 125/150 cc motorcycles segment, which constitutes about 50% of the market, the company enjoys a 3% share. In a bid to achieve its targeted marketshare, SMIPL needs to sell at least 40,000 units a month. In the 125cc scooter segment, it sells 10,000 units a month which will be notched to 25,000 units a month to enhance marketshare to 25% in the segment.
"Over the next three years, SMPIL will introduce new models in the bikes and scooters segment. In motorcycles, it is likely to be in the 110 cc, 125 cc, 150 cc and 180 cc categories. For scooters, it will either be in the 125 cc or 150 cc category," senior manager sales (East and North) SMIPL Rakesh Kumar said.
He was talking to reporters on the sidelines of launch of GS150R – a 150 cc motorcycle for the Indian market, in Kolkata on Wednesday.
The company may invest an additional Rs 150 crore to shore up capacity to 9 lakh units.
The company is looking at a 20-25% market share in segments where it is present. These include the 4-stroke gearless scooters, 125cc and 150 cc motorcycles.
In the 125/150 cc motorcycles segment, which constitutes about 50% of the market, the company enjoys a 3% share. In a bid to achieve its targeted marketshare, SMIPL needs to sell at least 40,000 units a month. In the 125cc scooter segment, it sells 10,000 units a month which will be notched to 25,000 units a month to enhance marketshare to 25% in the segment.
"Over the next three years, SMPIL will introduce new models in the bikes and scooters segment. In motorcycles, it is likely to be in the 110 cc, 125 cc, 150 cc and 180 cc categories. For scooters, it will either be in the 125 cc or 150 cc category," senior manager sales (East and North) SMIPL Rakesh Kumar said.
He was talking to reporters on the sidelines of launch of GS150R – a 150 cc motorcycle for the Indian market, in Kolkata on Wednesday.
Source:http://economictimes.indiatimes.com
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