The Aprilia SR 150 has been designed and engineered in Italy and will be manufactured at Piaggio's India plant in Baramati, Maharashtra.
"After the success of the Ape and the positioning of the Vespa in the premium segment of the Indian market, we are further strengthening our offering in the subcontinent with the entry of Aprilia's SR 150 scooter," Piaggio Group Chairman and CEO Roberto Colaninno said in a statement.
Optimistic on the scooter segment in India, the company said it is one of the largest in the world, with nearly five million units sold in 2015 and has seen a growth of 20 per cent in the first half of 2016 compared to the same period last year.
Bullish on doing well in the scooter segment, Piaggio Vehicles Pvt Ltd (PVPL) Managing Director and CEO Stefano Pelle said: "We have received a favorable response to all our launches in the country and with the launch of the Aprilia SR 150, we aim to increase our footprint across the geo(graphy)."
The Aprilia SR 150 be powered by a single cylinder 150cc, 4-stroke engine.
The bookings for the Aprilia SR 150 will commence shortly and will be available through Piaggio Group's distributor network across the country, the company said.
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
