Buoyed by good response to its Vespa brand in India, Italian two-wheeler maker Piaggio is planning to launch a mass market scooter by the end of 2013

"Similar to what we did with the Vespa engine to customise based on the needs of the Indian market, the new scooter will also be based on requirements here," he added. Commenting on the response to the Vespa, which made a comeback to the Indian market in April this year, he said: "So far, we have a total of 8,500 units in retail sales and bookings. We hope to do around 40,000-45,000 units by the end of this calendar year."

The current output at the plant is about 10,000-12,000 units a month and is being ramped up gradually. The company expects to have full capacity utilisation by the end of the year, he added.The Baramati plant currently has an installed capacity of 1,50,000 units per year.

"We are investing Rs 150 crore to double the capacity at the plant by the fourth quarter of 2013 so that in 2014, we can do at least 20,000 units a month by 2014," Chopra said. On expansion of sales network, Chopra said the company plans to have a total of 100 dealerships by the end of the year, up from the existing 48 in 35 cities.

"When we have 100 dealers, we will be present in almost 75-85 per cent of the Indian market," Chopra said, adding the firm would also be launching 'an intense TV campaign' by August end ahead of the festive season for the Vespa brand.