DSK-Hyosung considering 125cc-150cc bikes for India
DSK-Hyosung plans to set up its second plant in Maharashtra where it intends to start production of 125cc-150cc bikes for both domestic and export markets
Hyosung has been clocking sales of more than 150 bikes a month recently, which is quite commendable considering their product portfolio starts above Rs 2.8 lakh. But Hyosung it now seems has set its eyes on the high volume, mass-market segment. It is reported that DSK Motowheels, Hyosung's Indian ally, is contemplating to enter the 125-150cc two-wheeler segment under the brand "DSK Hyosung".
Currently, DSK Motowheels has a CKD (Completely Knocked Down) facility in Wai on the outskirts of Pune where it assembles its 250cc to 650cc range of bikes. The current plant has a production capacity of 250 two-wheelers per month and in tune with its expansion plan, the company is eyeing to buy a 100-acre land in Maharashtra to set up its second plant. Apart from manufacturing 125cc to 150cc bikes for the Indian market, DSK Motowheels also plans to export them for the international market.
Speaking about the new facility, DSK Motowheels Managing Director Shirish Kulkarni is quoted by PTI as saying, "We are planning to invest around Rs 300-Rs 350 crore for setting up our second plant in Maharashtra. Mostly we will be finalising the 100-acre land in Maharashtra itself. It will be highly automated plant with a paint shop. Probably the construction should commence in six to eight months from now,"
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