Business Standard
Wednesday, Feb 15, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

'The number of enquiries we have got for our bikes is phenomenal''
Q&A: Cristiano Silei,Vice-President (Sales), Ducati Motor Holding
Swaraj Baggonkar / Mumbai Nov 03, 2009, 00:07 IST

While the world tries hard to get out of the 2008 economic slump, India, with its burgeoning class of millionaires, has beckoned renowned automotive companies to launch their latest products here. The latest to come here is the legendary Italian motorcycle maker, Ducati, which is opening its first sales outlet in the country in Worli, Mumbai, with many more slated for the next few years. Swaraj Baggonkar spoke to Ducati Motor Holding Vice-President (Sales) Cristiano Silei on the company’s India plans. Excerpts:

You unveiled the bikes in May last year, but you are selling them only now...
We had decided earlier on that we will not start sales until we have a complete infrastructure in place where we could properly service the motorcycles, as well as sell them. And we wanted to start with Mumbai and Delhi (Gurgaon before year end).

 Click here for Cloud Computing
 
 
 
Related Stories
News Now
What is the response?
About 300 enquiries and well over 20 dealer enquiries, and obviously these will be the first people we would be in touch with over the next few weeks.

At the time of launch, the global CEO of Ducati said he’d be happy if even 50 bikes are sold in a year.
At that time, we were entering a market which had no prior statistical history of large motor bikes. The number of enquiries we have got is phenomenal and much more than what we had expected, considering the dealership is not even open yet. I am sure if we would have opened a dealership at that time, we would have sold more than 50 units by now. We will do much more next year.

How many dealer outlets do you plan in the next year?
We are going step by step, starting with Mumbai. Then Delhi, Hyderabad, Bangalore, Chennai and Kolkata, and after that, other important areas will be targeted, depending on the demand two years later.

What products are you launching and at what price points?
We are launching five models with multiple variants -- Hyper Motard, Monster, Streetfighter, Superbike and SportClassic. These will be available between Rs 9.66 lakh to Rs 43.36 lakh (ex-showroom). However, we think the Multistrada 1200, to be showcased next month at the Milan Motor Show, will be the perfect bike for the Indian market.

You also had component sourcing plans from India?
We are sourcing some components from India. We are very satisfied with the business we have done till now and we will look to expand our opportunities. We also have a partnership with Tata Consultancy Services, working on our IT infrastructure support.

What is the waiting period on your bikes? Will India have a specific yearly quota, like other premium automakers who also import vehicles here?
We are trying to offer the shortest period of waiting time to the customer. Usually it is 3-4 months, but we are trying to shorten that. There will be no quota system for the country, we will bring to India as many as units as the demand.

Are you looking to tie-up with any financial institution for facilitating finance?
At the moment it is not available but it will certainly come down the road.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Nifty ends above 5,500
- FIIs net buyers of Rs 1,839 cr in cash mkt today
- UPDATE: SC rejects Essar, Loop's trial court summon pleas
- Govt orders Coal India to sign 20-year supply deals
- Move forward on bilateral trade relations: India asks Pak
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Pvt carriers free to fly into Air India territory
- BSE Q3 net dips 23% on market making spends
- Shyam Saran: Changing climates of governance
- Subir Roy: Creating affordable urban capacity
- Now, leasing a Merc is cheaper than buying
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us