Suzuki Motorcycle India already contributes 35% of the total two-wheeler volumes for its parent Suzuki Motor Corporation.
Suzuki
Motorcycle India is looking to sell 700,000 units in the country
in the current financial year, a growth of 40 per cent over the
500,000 units it sold during 2017-18.
The
company, which on Thursday launched a new 125-cc scooter, the Burgman
Street that is priced at Rs 68,000 (ex-showroom), also plans to
expand its sales network by around 200 touch points this financial
year as part of its mid-term goal of achieving 1 million unit sales
by 2020. The company currently has over 1,000 sales touchpoints
across the country.
"We
are aiming to sell 1 million units by 2020. Last year, we sold
500,000 units, and this financial year, we aim to sell 700,000
units," Suzuki Motorcycle India Managing Director Satoshi Uchida
told reporters in New Delhi.
In
order to achieve the 2020 sales target, the company plans to
introduce new products as well as expand sales network, he added.
Uchida
said Suzuki Motorcycle India already contributes 35 per cent of the
total two-wheeler volumes for its parent Suzuki Motor Corporation
(SMC).
When
asked about the company's plans regarding introducing an electric
two-wheeler, Suzuki Motorcycle India Executive Vice-President Sajeev
Rajasekharan said the company along with SMC is working to develop
such two-wheeler models.
"We
are working along with SMC on electric vehicles. We should have one
by 2020. We would not like to be left behind when the market is
ready," he said.
Uchida
hinted that it could be an electric scooter.
On
coming with BS-VI emission norms, Rajasekharan said work has already
started a few months ago and the company would be ready with an
upgraded portfolio much before the April 2020 deadline.
Commenting
on the Burgman
Street launch, Uchida said the scooter will herald a new era of
luxury scooter riding in the country and would help the company
strengthen its position in the 125-cc segment.
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