As the premium bike segment is getting more and more prospered in the Indian market, many of the global biggies are marching their way on to India with their range of bikes to cash this new trend or craze developed in India.
Triumph, one of the best companies in the world who manufactures premium quality bikes has already reached India and they will set up their own plant at Karnataka within an year. This is the company's third plant across the globe with its first one located in the home country UK and the other one in Thailand.
Triumph signed a memorandum of understanding with the Karnataka Government about a month back, an official close to the development told Business Line. One of the pre-requisites for the location had been proximity to a port for both importing completely knocked-down (CKD) kits and later exporting bikes, if required.'
Company officials said "We are gearing up to commence our Indian operations at the earliest. Of the seven motorcycles that will be entering the market, we will be assembling four of our bike models in India. We will be looking at setting up the CKD assembly facility in a propitious location"
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