We’ve heard nothing about Hyosung bikes for the past few weeks atleast. Not all can forget the hypes that this brand created in the market at the time of launch. But, unfortunately, this South Korean brand suffered a setback with the announcement of the price of the Kawasaki Ninja 650R which falls in the same category as the Hyosung GT 650.
Garware Motors Ltd which is a wholly owned subsidiary of Garware Bestretch Ltd plans to go in for 100 per cent manufacturing of Hyosung bikes in the country over the next two years.
The company which has a tie up with the South Korea based S&T Motors , currently assembles the bikes at its plant at Wai in Maharashtra, said Mr Hyder Ali Khan, Chief Operating Officer, Garware Motors Ltd.
The company’s assembly plant in Maharashtra has a capacity to manufacture 8 to 10 bikes a day.
“In the first phase, we are looking at manufacturing close to 40 per cent of the parts that goes into the bike locally. We are in talks with two to three vendors for the same,” Mr Khan said.
Let’s see what all measures the company will take to mark its presence here. By competing against few of the most reputed competitors. In fact, the first move should be to reduce the price of its bikes by atleast half a lakh, which I don’t think the company will be interested to do now at this point of time. Let’s just wait and watch to see what’s gonna happen here.
Regards,
M.Naren.
Author – BikeAdvice.in
