Italian bike-maker Benelli signs MoU for plant in Telangana


Team Udayavani, Aug 7, 2018, 2:43 PM IST

Hyderabad: Italian motorcycle-maker Benelli today signed an MoU with Telangana government and Adishwar Auto Ride International (AARI), a subsidiary of Mahavir Group, for setting a manufacturing facility here.

The group company would initially start assembling CKD (completely knocked down) kits of the bike here for Benelli and the partnership entitles Adishwar to assemble, manufacture bikes and import exclusive range of the bikes from Italy and SouthEast Asian regions, managing director of Benelli India Vikas Jhabakh said in a press conference.

Established in 1911, Benelli is one of the oldest Italian motorcycle-manufacturer andhas presence in over 60 countries such as America, Africa, Europe and Asia Pacific regions.

“In 2005, Benelli became part of Qjian Jiang Group, China. As of now, we are selling about 2,500 bikes in India.

We aim to assemble 10,000 units in the first phase. Once we reach that figure, we aim to go in for production here,” he said.

The first bike would roll out in October this year and Benelli plans to roll out four or six models in the Indian market by end-2019, he said.

Telangana IT and Industries Minister KT Ramarao assured the bike-maker of cooperation in setting up its facility here.

Director of Benelli George Wang said, Our partnership with the Telangana government and Adishwar Auto Ride India reassures their long-term goal of ‘Make in India’ super bikes.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

CBDT allows tax officials to waive or reduce interest due from assessee

Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally

Govt asks Wikipedia why it should not be treated as publisher instead of intermediary

Karnataka HC issues notice to CM, others on plea seeking transfer of MUDA case to CBI

SC upholds validity of UP madrassa law, says it does not violate principle of secularism

Bantwal: Theft at Shree Mahalingeshwar temple

States not empowered to take over all private properties for distribution to serve common good: SC

Related Articles More

CBDT allows tax officials to waive or reduce interest due from assessee

Markets fall in early trade amid unabated foreign fund outflows

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

CBDT allows tax officials to waive or reduce interest due from assessee

Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally

Govt asks Wikipedia why it should not be treated as publisher instead of intermediary

Karnataka HC issues notice to CM, others on plea seeking transfer of MUDA case to CBI

SC upholds validity of UP madrassa law, says it does not violate principle of secularism

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.