Hero Honda is keen to do a Tata Nano to the motorcycle market. They have been trying for a long time now but havnt yet come up with a solution for a low cost bike.
On the other hand Bajaj Auto is believed to be ready with a low-priced bike, which is being contract manufactured in China. Expected to be priced around Rs.25,000, this 125cc bike would initially be sold in overseas markets before being launched in India. Going by vendors, this bike is most likely not a step-thru moped kind of vehicle and any cost advantage to Bajaj is largely on account of sourceing extensively from China.It is rumoured to be named Steel.
Source: DNA
Image Courtsey: Bike India
On the other hand Bajaj Auto is believed to be ready with a low-priced bike, which is being contract manufactured in China. Expected to be priced around Rs.25,000, this 125cc bike would initially be sold in overseas markets before being launched in India. Going by vendors, this bike is most likely not a step-thru moped kind of vehicle and any cost advantage to Bajaj is largely on account of sourceing extensively from China.It is rumoured to be named Steel.
Source: DNA
Image Courtsey: Bike India