Fabulous and Beyond Motors India (FAB Motors) have announced their first Regal Raptor Motor Cycles showroom, India’s first, in the city of Hyderabad. Regal Raptor Motor Cycles is established in over 39 countries worldwide. The product portfolio of the company comprises of Chopper, Cruiser, Sports and Custom motorcycles. FAB Motors will also setup Motor cycles manufacturing plants in the suburbs of Hyderabad in Telangana State. The location for the plant, however, is yet to be finalized.
Fab Motors plans to invest Rs 1,000 crore for the manufacturing facility. It will make various Regal Raptor motorcycles models available in India, including the Cruiser 350, Bobber 350 and Daytona 350. The 320 CC engine powered models would be priceed in the range of Rs. 2.96 – 20 Lakhs. Currently, these vehicles are imported in CBU condition. A portion of the investment requirement would be borne by Regal Raptor, while FAB Motors would tie up with banks for the remaining part.
The FAB Motors India plans to target middle class, upper middle class and the higher income group category as its potential customers and the company’s vision is to sell best motorcycles with best quality to all categories of people. The company is in the process of appointing dealer and distribution network in New Hyderabad, Vijaywada, Vizag, Delhi, Mumbai, Nagpur, Ahmedabad, Bangalore, Chennai, Kolkata, Trivandrum, Pune, Chandigarh, Goa, Pondicherry and Bhopal, to name a few target cities. The manufacturer has exclusive manufacturing rights for India and eight neighboring countries namely Srilanka, Nepal, Bhutan, Saudi Arabia, UAE, Oman, Yemen and Pakistan.