Piaggio India is working on expanding its motorcycle distribution network in India. After opening its first Motoplex store in Pune, the company plans to open three more in India this month.
According to company sources, the long-term plan is to have one distribution network in every state capital over the next two years. The Motoplex store is a multi-brand outlet which deals with Vespa, Piaggio as well as Moto Guzzi bikes. The one in Pune is company owned (one of three in the world), and the rest will be dealer-operated premium outlets.
All existing Vespa dealers will become Vespa and Aprilia dealers and start selling the SR150 scooter once it goes on sale in a few months. Piaggio says that it intends to start the Aprilia SR150’s commercial operations in August 2016. Production of this premium scooter with full localisation has already begun at the Baramati two-wheeler plant last month.
Meanwhile, Piaggio India is also getting ready to handle the Vespa GTS300 sales. Vespa GTS300, the most premium scooter from Piaggio India’s stables, will most likely go on sale in India later this year. It is likely to be priced between Rs. 3 and Rs. 4 lakh.
While the company is still undecided about the exact sourcing plan, the scooter will definitely start out as a CBU with a clear intent to switch to CKD further down the line. However, the most exclusive of the Piaggio range in India will be the 946 Armani. It will be India’s first scooter with a price tag of more than Rs 10 lakh.
Piaggio India also intends to launch the V9 Roamer and Bobber motorcycles. While CKD is being considered, the motorcycles initially will come in through the CBU route. These motorcycles are expected to be priced around Rs 11- Rs 14 lakh, when they go on sale later this year.
Source : BS Motoring
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
