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Suzuki Motorcycle expects growth in domestic, export market next year

The company is looking at exporting the new Access 125 cc version to neighbouring countries

General Manager-Export and Sales Dealer Development of Suzuki Motorcycle India Kenji Hirozawa at the launch of Suzuki Access 125cc in Chennai

General Manager-Export and Sales Dealer Development of Suzuki Motorcycle India Kenji Hirozawa at the launch of Suzuki Access 125cc in Chennai

BS Reporter Chennai
Suzuki Motorcycle India Pvt Ltd (SMIPL) is expecting to sell 3.7 lakh two-wheeler units in the country and another one lakh units in overseas during the year 2016-17. The company is also planning to export its newly launched version of Access 125 cc to neighbouring countries including Nepal, Bengladesh and Sri Lanka, said senior officials from SMIPL.

Speaking to the reporters in the sidelines of launch of the new Access 125, Kenji Hirozawa, vice president, sales and marketing, SMIPL, said that the company during the current fiscal year sold around 3.2 lakh two-wheelers in the domestic market and exports around 60,000 to overseas markets. The exports has doubled during the current fiscal year.

 

"We are expecting the sales to be around 3.7 million in the domestic market next year and an exports of one lakh units," said Hirozawa. The company has been exporting two-wheelers to Latin American and South Asian Association for Regional Cooperation (SAARC) countries. He added that the company is focusing on the premium segment of the two-wheeler market with the 150 CC motor cycle and 125 CC scooter products.

The company is looking at production of 1 million two-wheelers in India by 2020 and it would look at launching a product in the motorcycle and another one in scooter segment, he added without revealing the details.

It's manufacturing facility, in Gurgaon, Haryana, has an annual production capacity of 5.4 lakh units and expects to manufacture around 4 lakh units in the facility this year. The company expects that it could increase the production up to 7 lakh units, without expanding the capacity. It also has room enough for expansion, if required.

The company is expecting its new version of Access 125 cc scooter to have a sales of two lakh units in an year's time, said Suresh Babu J, national head - marketing and product planning, SMIPL. The company has around 400 dealers currently and every year add aorund 70-80 dealers overall.

SMIPL has sold 20 lakh units of Access 125 so far. The new model, which has a Suzuki Eco Performance (SEP) engine and other latest technologies, will be sold at Rs 57,947, ex-showroom Chennai.

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First Published: Mar 17 2016 | 6:34 PM IST

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