DSK Hyosung will establish manufacturing plant in Maharashtra

|
Added in: Hyosung

rp_Hyosung-GT650R-27.jpg

The quarter-litre GT 250R is priced at just over Rs. 3 lakh (ex-showroom, Mumbai)

DSK Hyosung have decided to set up a manufacturing plant for their motorcycles in Maharashtra, soon. This new plant will take up the task of manufacturing most of the two-wheelers that are to be sold in the country in the future. The plant is slated to have a capacity of close to 1 lakh units each year by 2020 and will cost Rs. 350 crore, which will be dished out in a phased manner. This upcoming plant is to take 18 months to be constructed and bikes are to roll out of the plant in a couple of years’ time. All of the current models are CKD (complete knocked down) units and are assembled locally by DSK Hyosung. The firm recently opened their first dealership in Jaipur, Rajasthan. DSK Hyosung is a joint venture between DSK Motowheels and South Korea-based S&T Motors.

Hyosung Acquila Pro 650 India (68)

The Aquila PRO is a 650cc cruiser and is also a CKD unit.

The company currently has 4 models on sale in India, namely Aquila 250, GT250R, Aquila PRO and ST 7. These bikes are spread across a price range of Rs. 2.9 lakh and Rs. 6.12 lakh. All come in the form of CKD units and are then assembled by DSK Hyosung in India. In India, a total of 14 million two-wheelers are sold each year. Out of this vast number, only a handful are superbikes. But, if industry reports are anything to go by, the superbike segment is supposedly growing at an astounding 60%! After getting involved in the Indian market, back in 2012, DSK Hyosung currently holds a 38% piece of the CKD two-wheeler market.

DSK Hyosung Jaipur

DSK Hyosung dealership in Jaipur.

The company plans to start 10-15 new dealerships in the next financial year, possibly in tier-2 cities. The introduction of further 2 models in the 250cc category is to follow, soon. The superbike segment in India is constantly on the rise and this attracts more and more manufacturers to take opportunity of this growth. We are sure that exciting times lay ahead for all superbike enthusiasts.

Read More »
Leave a Reply

Your email address will not be published. Required fields are marked *