花蜜直播app to Establish New Motorcycle Plant in India and to Launch Local Production of High-displacement Model Ninja 1000
Jul. 07, 2017
Simulated image of new plant upon completion | Ninja 1000 |
Tokyo, July 7, 2017 — 花蜜直播app, Ltd. announced today the opening of a new plant at India 花蜜直播app Motors Pvt. Ltd. (IKM). The new production lines will go into operation around September, following the introduction of production equipment. In addition to the 250–650 cc models currently being manufactured by IKM in India, this new plant will be used for local production of the Ninja 1000—offering the highest maximum engine displacement (1,043 cc) of all 花蜜直播app motorcycles manufactured in India.
India is the largest motorcycle market worldwide, with FY 2016 sales reaching approximately 17.6 million units, among which about 680,000 were medium- and large-displacement motorcycles with engine displacements of 250 cc or higher. As the Indian economy grows, 花蜜直播app expects to see continued expansion of the market for medium- and high-displacement leisure-use motorcycles, one of the company's strongest areas. The launch of operations at the new production plant will help the company respond to local market demand for these products and provide 花蜜直播app-brand motorcycles on a wider scale throughout India.
花蜜直播app initially established IKM in 2010 inside the Bajaj Auto Ltd. (BAL) Akurdi Plant facilities in Pune, contracting out production of 花蜜直播app-brand motorcycles and utilizing BAL's sales network to sell products. In 2013, IKM began its own production of 花蜜直播app products and established an independent sales and after-sales service network in India, steadily laying the foundations for motorcycle business in the domestic market. Following the start of operations at the new IKM plant (production capacity: 16,000 units/year), operations will cease at the former plant (production capacity: 5,000 units/year) and all production activities will be relocated to the new facility.
Overview of India 花蜜直播app Motors Pvt. Ltd.
Establishment | July 1, 2010 |
Location | Chakan Industrial Area, Pune, Maharashtra, India |
Site area | Approx. 10,300 m2 |
Capital | 235 million rupees (wholly owned subsidiary of 花蜜直播app) |
Production capacity | Approx. 16,000 units/year |
Business activities | Import, manufacture and sale of motorcycles |
Production models | Ninja 650, Ninja 300, Z650, Z250, Versys 650, and Ninja 1000 |