Japan’s Kawasaki Heavy Industries officially entered the Indian market with the launch of its subsidiary, India Kawasaki Motors.
“We will set up an unit in India to assemble, import and sell our motorcycles in the country. The initial capital for setting-up of India Kawasaki Motors at Pune will be Rs. 5 crore,” Kawasaki Heavy Industries’ chief representive, (India), Masaaki Ishijima, told reporters.
The unit will be set up at its partner Bajaj Auto Limited’s Chakan plant in Pune. India Kawasaki Motors is likly to launch several supersport, sport and cruiser models primarily in the 250 cc class in the coming days in the Indian market.
Kawasaki entered into a technical assistance agreement with Bajaj Auto Limited in 1984. Under the agreement, Bajaj has produced and sold motorcycles in collaboration with Kawasaki.
Kawasaki will manufacture the bikes in Bajaj’s Chakan plant and will be sold form Pro-biking showrooms. Considering the booming Indian economy, most manufactures are planning to launch expensive and bigger cc bikes.
Kawasaki have bikes ranging from 125cc to 1300cc
Source: ET
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