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Mahindra and Mahindra has plans for entering into the motorcycle segment by next year.


Mahindra To Enter Motorcycle Segment In 2010
Last Updated: 2009-11-04T17:25:39+05:30
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India’s one of the leading automobile manufactures Mahindra and Mahindra has plans for entering into the motorcycle segment by next year.
 
"The company is working on motorcycle models and the first model will be launched in 2010," said company vice-president of sales and customer care Sanjay Mittal.
 
"We would like to be an end-to-end player in the two-wheeler segment, launching scooters and motorcycles," Mittal said, during the rolling out of the two new scooters, Rodeo (Rs.41,299) and Duro (Rs.38,299), in Tamil Nadu.
 
"With three 125cc scooters, we think we have a product in all the major market categories. We may look at 100 or even lower powered scooters for the future," Mittal said.
 
The Mahindra scooters entered the markets last year. The company had sold 7,000 scooters last month, with Rodeo and Duro accounting for a total of 5,600 units.
 
The company is in the process of ramping up its two-wheeler distribution network by adding 50 more dealers by the end of this fiscal.
 
"Presently we have 325 dealerships and we will increase our network to 375 dealers by the end of this fiscal," Mittal said.
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