 "Polaris Industries plans to assemble Indian Motorcycle in India")
US-based $4.7-billion Polaris Industries is planning to assemble Indian Motorcycle and terrain vehicles in India. Till now, the company had been importing these vehicles mainly from the US for the domestic market.
Polaris has a joint venture with Eicher in India that manufactures and markets personal utility vehicle Multix. Whether the motorcycles would be assembled by the joint venture or Polaris is not yet decided.
Indian Motorcycle, a wholly-owned division of Polaris Industries, is focused mainly in the 1,200cc market. The brand claims to have a market share of 8-10 per cent in India. The market size, where Polaris is
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