Ducati Motor Holding enters the Indian marketDucati Motor Holding enters the Indian market in partnership with Precision Motor India Pvt Ltd
Apnaloan.com Research Bureau
08 May 2008
Ducati Motor Holding, Italian super-bikes maker enters the Indian market with its high-end motorcycles in partnership with Precision Motor India Pvt Ltd, which will import its bikes.
The Company plans to sell 50 units in the first year through its dealerships in Delhi, Mumbai, Bangalore, Chennai and Hyderabad. The bikes will be priced in the Rs. 15-50 lakh range.
The Company sources components worth 250 million globally, out of which currently components for less than 5 million is being sourced out of India.