It’s no secret that the Triumph-Bajaj partnership intends to introduce a relatively affordable motorcycle in the 250-500cc segment. The first product from the partnership is still some time away, and is expected to be production ready by 2020.
However, Triumph Motorcycles has its own plans to lead the luxury motorcycle market. The Company is currently the second largest luxury two-wheeler brand in the Indian market. In a recent interview, Triumph Motorcycles India’s Managing Director, Vimal Sumbly confirmed that the Indian arm of the British two-wheeler brand is focusing on the 500cc plus segment.
Sumbly said in the interview, “The 500 cc plus motorcycle industry is where Triumph is focusing directly in India and to that end we’re moving from imports to full assembly. Last year 90% of our portfolio were CBU imports but by end-June this year 95% of our portfolio will be CKD assembly.”
He further added, “Triumph has grown 66% and become the second largest luxury motorcycle brand in India with 19% marketshare, after market leader Harley Davidson.”
The list of CKD motorcycles that will be assembled in India includes the newly launch Triumph Bonneville Speedmaster and the upcoming Tiger 800 and Tiger 1200. The new Tiger range will extend Triumph Motorcycles’ India portfolio by four new models.
via ET Auto