NEWS

India Kawasaki Motor pegs to grow 30-40% in 2014-15

Monday, Oct 13, 2014

In order to collect a larger pie in the premium segment Japanese two-wheeler manufacturer Kawasaki pegs to grow at 30-40 per cent during the current financial year, according to a company official. 

"Last year, our cumulative sales totaled 250 units. Currently, the superbike market is growing about 30 to 40 percent year over year expected  to grow with the market ..." IndiaKawasaki Motor, Deputy Director , Shigeto Nishikawa told reporters after launching the fourth exclusive outlet of the company, here today. 

Currently, India Kawasaki Motors has exclusive retail outlets in Pune, Bangalore and Delhi. 

Declining to disclose figures, he said the company currently has holds less than 10 percent of the market share in the super bike category. 

Kawasaki sells  motorcycles as completely built unit in India and competes with Harley Davidson and Triumph Motorcycles in the superbike category. 

Jai Autos, one of the leading retailers of Bajaj Auto in Tamil Nadu, has been associated with Kawasaki superbikes to sell. 

"Premium motorcycles above 800 cc will be sold under India Kawasaki Motors  while 300 and 650 cc would be sold under KTM outlets.." he said. 

Noting that 'Z-800' model was driving sales in India, Nishikawa said the company would soon introduce their motorcycles on the green alongside the existing black color.

According Jai Autos, Managing Partner, AV Jayachandran  250cc Kawasaki Ninja would be introduced soon. "It will be sold along with the current 300cc and 600cc models  range," he said. 

Kawasaki Sells Z-800 base model priced at Rs 9.15 lakh(on-road price Chennai)  while top part variant ZX14 R is available at Rs 18.95 lakh (on-road price Chennai).

 

Source:http://economictimes.indiatimes.com/