The 125 cc scooter to be launched by the end of first quarter of 2007-08. |
Suzuki Motorcycles India, a subsidiary of Japan's Suzuki Motor Corporation, is planning to launch a 125 cc scooter in the first quarter of 2007-08. This will be the company's first scooter in India. |
Speaking to Business Standard, a senior company official said, "We are planning to launch a 125 cc scooter by the end of the first quarter of 2007-08." |
He added that the scooters would be manufactured at the company's Gurgaon plant. The plant has the capacity to make one lakh two-wheeler units a year. |
The first batch of Suzuki's motorcycles, a 125 cc commuter bike named Heat, is expected to hit the market by next week. |
Heat was unveiled at the recent auto show in New Delhi but its commercial launch and price are yet to be announced. |
The other product, Zeus, a variant of the 125 cc basic bike, is not expected for another three months. |
Analysts in Mumbai said that scooter would most likely be in the gearless segment as geared scooters have been steadily losing their market share in the couple of years. |
Other players in the scooters segment in India are Honda, the market leader which has a 100 cc gearless scooter and a slower moving 150 cc geared scooter in the market. Kinetic, the second largest player, has 115 and 135 cc gearless scooters and is planning to introduce a new 165 cc model soon. |
Analysts, however, said that it made little sense for a new entrant like Suzuki to introduce scooters, as motorcycles constituted 84 per cent of the six million unit Indian two-wheeler market. |
Moreover, they are far slower moving than motorcycles. "It makes more sense for established motorcycle players like Bajaj to add scooters to their line-up," analysts said. |