Piaggo India’s been seeing some great growth, and, has plans to build up on it. The Indian branch of the Italian motorcycle has plans to make getting Aprilia motorbikes easier, with the goal of opening 100 new dealerships within the next six months, as well as launching a new model, the Aprilia Storm, a new model of scooter.
According to an official from Piaggo India, says that they’ve seen huge growth in volumes, reporting that the company saw a 64% year-on-year growth in the first half of 2018 from January-June, and that the brand is getting its foothold in India, and they’re expanding.
The official, Piaggo Vehicles’ Two-Wheelers Business Head Ashish Yakhmi, informed media that the company is working on multiple new products, on top of launching a new high-end scooter model, the Vespa DTX, by the time the next festival season comes in. He reports that the Aprilia Storm will be lower priced than the current range available, whilst the Vespa DTX would be priced higher, sporting a larger engine.
Yakhmi was in India for the inauguration of two new Aprilia motorbikes dealerships in Goa; KN Mototech and SPK Autolink, with one in Margaon and the other inBicholim. These new dealerships will offer models under the Aprilia SR and Vespa ranges. The new dealerships were designed to meet the Italian brand’s outlook on a lifestyle and premium experience, with the aim of reaching as many customers in the city as possible.
The proprietors of the new dealerships, Mr. Mangureesh and Mr. Prasad has expressed their excitement at their new partnerships with Piaggo, saying that they’re pleased to associate with the manufacturer and offer their world class products to Indian customers.
Yakhmi says that Piaggo saw a year-on-year increase in sales of 70% in 2017, with the manufacturer’s goal to maintain that growth rate for 2018. He says that Piaggo’s plant at Baramati, Maharashtra, which currently has the capability of producing 1.5 lakh (150,000) vehicles annually, can be expanded. Yakhmi says that the only thing that can stop the plant’s expansion is lack of land area, and that they are fully prepared to meet the Indian market’s increasing demand, with plans to up production capacity when 2019 rolls in.