22Kymco to set up plant in Rajasthan

22Kymco has announced its plans to set up a manufacturing facility for in Bhiwadi, Rajasthan with a production capacity of 100,000 units.

A joint venture between 22Motors and Kwang Yang Motor Company (KYMCO), 22Kymco was set up last year.

Speaking to reporters in New Delhi, Allen Ko, chairman, Kymco, said the new facility will manufacture the iFlow, Like200 and the X-Town 300i ABS scooters in India, which is one of the company’s global focus markets and part of its phased expansion plan.

In phase one, the company’s focus markets will include New Delhi, Bangalore, Pune, Hyderabad, Kolkata and Ahmedabad. In the next three years, 22Kymco aims to have all-India dealership network with 300 touchpoints.

According to 22Kymco, all its products are developed and designed for the Indian conditions. In addition to this, Ionex is the company’s most advanced smart energy solution network that is cloud-connected and consists of portable high-performance batteries which will power the electric scooters.

Image Credit : CarBlogIndia.com

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