Benelli is planning to set up its manufacturing facility in India. According to a FE report, the Italian premium bike manufacturer is in talks with various state governments for setting up this facility.
The proposed facility is expected to have a capacity of over one to two lakh units per year. The company is also planning to launch 12 more models by 2020 in addition to the existing three models in the country.
It quoted Vikas Jhabakh, MD, Benelli India as saying: “During our second phase of expansion, we will be having our manufacturing facility along with our JV partner.”
He added: “We are scouting for sites across the country including Telangana, Pune, Chennai among others. Currently, we are doing a study to understand the market sentiments and customer requirements.”
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