The Indian arm of the Italian auto major Piaggio
on Wednesday launched its new small commercial vehicle (SCV) Porter
700, priced at Rs 3.18 lakh (ex-showroom Maharashtra).
700 is a strategic initiative from Piaggio
to expand its wings in the last mile transportation category through the 4-wheeler cargo market, the company said.
would focus on further strengthening and dominating this category, particularly the last mile transportation cargo market," Piaggio
Vehicles Pvt Ltd Chairman Ravi Chopra
is a leading player in the light transportation industry with a complete range of 3- and 4-wheelers in diesel, petrol, CNG, LPG
Chopra said company's both 3-wheeler and 4-wheeler businesses will continue to co-exist.
"Anticipating our new-age customer's needs, Porter
700 has been conceived as a modern, stylish vehicle with many new features alogwith reliability and fuel efficiency," Graffi said.
The new Porter
700 comes with a 2 years or 75,000 km extended warranty.
has a manufacturing plant at Baramati in Maharashtra, with installed annual production capacity of over 3,00,000 three-wheelers and 80,000 four-wheelers.