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Eicher Motors to invest Rs 600 crore this fiscal

Eicher Motors, manufacturing the Royal Enfield, is all set to invest Rs 600 crore this fiscal in a new plant, product development and in the R&D centre. The company also said production capacity will touch 9,00,000 units by fiscal 2018 end.

 Speaking to reporters at the company's facility at Oragadam, near Chennai, Siddhartha Lal, managing director and CEO, Eicher Motors, said by end of the current year, total capacity will be around 6,75,000 units, which is more than two lakh units compared to last year.

The first phase of Vallam Vadagal facility, which will be 7 kms from the Oragadam facility, will be ready by September 2017. This facility will take the company's total capacity to 9,00,000 units.

Portion of the proposed Rs 600-crore investment will go into the facility, while the balance will be towards proposed new engineering centres at Chennai and the UK and for product development.

 Lal said the company will be operating in 2 or 3 platforms, while there will be some delete and add.

 The recent addition was Himalayan platform. The company started rolling out products and is currently selling around 1,000 units a month. The company hopes to increase it as the product will be available across dealerships.

 Lal said RE focus would be 250-750cc and besides the Indian market, the company will focus on South East Asia and Latin America.

Source: Eicher Motors to invest Rs 600 crore this fiscal


Jul 29, 2016
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Bajaj Auto hopes to rev up its domestic sales with V15, Pulsar 400

PUNE: Pune-based motorcycle maker, Bajaj Auto is pinning its hopes on the newly launched V15 and the yet-to-be-launched Pulsar 400 to drive its domestic growth over the next few quarters.

The 150cc V15 is positioned in the commuter cum entry level sports/ performance segment, where the motorcycle maker has failed to capture the imagination of the masses, of late. The company has only a market share of 5% in this segment compared to its overall domestic motorcycle market share of 19%.

"In the value segment, our market share is quite low. V15 is the single biggest opportunity for us to better our share in the value segment. We will launch a new SKU from same platform over the next 18 months at a gap of every six months," said Rajiv Bajaj, Managing Director, Bajaj Auto Limited.

The company has been buoyed by the initial response for V15, which seemed to have struck an emotional chord with the masses. The company says that its fuel tank assembly contains metal from India's flagship aircraft carrier, INS Vikrant (now decommissioned and broken down).

Rajeev said that the company has sold more than 1 lakh units of V15 since its launch. Domestic sales of motorcycles for Bajaj Auto turned the corner in the last financial year, after three successive years of progressive decline. FY 2016's domestic sales of about 1.9 million motorcycles, though higher than the previous year, was however lower than FY 2012's domestic sales of over 2.5 million motorcycles.

Also in the first quarter of the FY 2017 that ended June 2016, the company sold over half a million motorcycles within India, 13% higher than the same year ago period. However, its overall growth was dragged down by weak demand in Nigeria and Egypt. Over the quarter ended June 2015, the company's motorcycles exports plunged 17%.

Given the global uncertainties like lower oil prices, Bajaj Auto is hoping to improve its domestic market share to compensate for the likely loss from the exports market.

The company will also soon be launching the premium motorcycle Pulsar 400, which Rajeev believes will have the same "revolutionary" effect that Pulsar 150 and 180 cc motorcycles ushered in for the company in 2001.

"We believe it will disrupt the market," he said addressing the annual shareholders' gathering in Pune on Wednesday.

In terms of exports, Rajeev indicated that the company will look at the south east Asian markets, where the company sees an opportunity to sell a million motorcycles every year.

However, the company has no plans to re-enter the scooter market where much of the two-wheeler growth in urban areas is coming from. "We don't have any plans to re enter the scooter segment. Monthly domestic motorcycle market is 8-9 lakh units per month. Bajaj does some 1.5 lakh motorcycles per month. So there is a potential to address the remaining 7 lakh market. Scooter market is 4,00,000 per month and so it is logical for us to chase the motorcycle market than the scooter market," he added.

On a standalone basis, the company posted a net profit of Rs 978 crore in the three month's ended June 2016 crore against Rs 957 crore, a year ago.

Bajaj Auto's cash position improved further to Rs 10,701 crore end June 2016 against Rs 9,085 crore at end March 2016. Despite this the company did not announce any dividends or bonus, a move that disappointed a section of investors.

Source: Bajaj Auto hopes to rev up its domestic sales with V15, Pulsar 400

Jul 28, 2016
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Yamaha Motor to set up its second R&D centre in India

Yamaha Motor Research & Development India Pvt Ltd (YMRI) has said it will set up its second R&D centre in India, with an investment of about Rs 66 crore. The new unit will be on the premises of India Yamaha Motor’s plant in Kanchipuram district, Tamil Nadu.                                                  

The company said its new R&D centre, being set up to ensure optimum utilisation of resources, is aimed at capcity enhancement.

According to the company, the investment is part of the Rs 1,500-crore investment it has committed as part of the ‘Make in India’ campaign. The company opened its first R&D facility in India in Uttar Pradesh. 

Yasuo Ishihara, Managing Director, YMRI, said, “The objective of the new centre is to develop models for India and eventually, the global market. The Chennai centre shall be the second main pillar for YMRI.”

 The company said its long-term plan is to develop products which fit the Indian & global customer requirements, and the new unit is intended to increase Yamaha’s manufacturing competitiveness in the country.

YMRI, which was established in February 2013, is the fifth overseas R&D headquarters for Yamaha Motor Group, following Italy, Taiwan, China and Thailand.


 

 

Jul 26, 2016
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10 most fuel-efficient motorcycles in India.

Now that Yamaha has launched the Saluto RX, one of the most fuel efficient motorcycles in their current product portfolio, we thought it’d be a good time to look at some of the other bikes in the country that are known for their high mileage. Of course, this list is based on the mileage claimed by the companies who make them. But still, it should serve as a good reference point regarding which two wheelers really are the champions when it comes to stretching that litre of petrol to the maximum.
 
1. Hero Splendor iSmart
Claimed mileage: 102.5kpl
Engine: 97.2cc, single-cylinder, air-cooled
Starting price: Rs 50,000 (ex-showroom, Delhi)
 
 
With an almost unbelievably high fuel efficiency that goes into triple digits, was there any doubt that this bike was going to be at the top of our list? Hero MotoCorp has basically taken their best-selling product of all time, the Splendor and slapped on what they call ‘i3s technology’, or idle Start Stop System. We’ve already seen such start-stop systems make their way into more affordable cars over the past few years, but this is the first time that we’re seeing it on a motorcycle in India. What this system does is switch off the engine every time you pull the bike to a halt and idle for more than a few seconds, and automatically restart it when you pull in the clutch once again. Switching off the motor during idle situations makes an already very efficient motor even more so.
 
2. Bajaj CT100
Claimed mileage: 99.1kpl
Engine: 99.2cc, single-cylinder, air-cooled
Starting price: Rs 35,034 (ex-showroom, Delhi)
 
 
Launched in 2015, the CT100 was one part of Bajaj’s one-two punch last year (the other being the Platina 100ES) to take on the commuter segment of motorcycles in India. The previous CT100 was one of the more successful bikes in its segment and Bajaj brought the name back last year to signify their resolve in taking on the competition in a class that is undoubtedly the largest chunk of the Indian two-wheeler space. It’s billed as the slightly less premium sibling to the Platina, but gets almost similar features such as the SNS rear suspension. However, the motor doesn’t get DTS-i technology and makes slightly lesser torque as compared to the Platina. Recently, the company also launched a variant called the CT100 B that features a round headlight instead of a bikini fairing, which is over Rs 4,000 cheaper.
 
3. Bajaj Platina 100ES
Claimed mileage: 96.9 kpl
Engine: 102cc, single-cylinder, air-cooled
Starting price: Rs 45,252 (ex-showroom, Delhi)
 
 
The Platina has always been one of Bajaj’s best-selling and highly efficient motorcycles. In its 2015 avatar, the Platina sports new styling along with an electric start as standard. The air-cooled motor features the company’s proprietary DTS-i twin-spark for improved combustion efficiency leading to the high mileage figure that the company claims. It also gets the company’s dual-spring SNS (spring-in-spring) suspension for added comfort as well as what Bajaj claims to be the longest seat (21.9 inches) in the segment. At 190mm, even the ground clearance is said to be the highest in class. So tackling the worst of Indian roads shouldn’t be too much of a problem.
 
4. TVS Sport
Claimed mileage: 95kpl
Engine: 99.77cc, single-cylinder, air-cooled
Starting price: Rs 36,880 (ex-showroom, Delhi)
 
 
The TVS Sport has been around for a few years, but last year, the Chennai-based company launched an updated version of this entry-level commuter motorcycle, which now boasts an even higher fuel efficiency. Besides a bump in the mileage, TVS has equipped the motorcycle with a few more features. It now gets electric start as standard, aluminium grab rails, a chrome muffler guard and a new instrument cluster. The Sport is powered by TVS’ DuraLife Engine that reduces the friction in engine components and provides improved fuel efficiency. And what’s more, the Sport wasalso ranked number 1 amongst Economy Segment Motorcycles in the JD Power APEAL Study 2015. The company claims that this makes the bike “the most appealing economy motorcycle”. It’s also the only motorcycle in the 100cc class that features large 130mm drum brakes that facilitate better braking.
 
5. Hero Splendor range
Claimed mileage: 93.2kpl
Engine: 97.2cc, single-cylinder, air-cooled
Starting Price: Rs 46,850 (ex-showroom Delhi)
 
 
When you think of fuel efficiency, no doubt the first name that comes to mind for most people is the Hero Splendor. This is pretty much the company’s bread-and-butter motorcycle, and has been on the top of sales charts for the better part of the last two decades. The 97.2cc sloper motor has remained fundamentally unchanged in that time, but recently, with the introduction of the 'Pro' model, various internal bits were refined to provide improved power and torque figures – which currently sit at 8.36hp and 8.05Nm respectively. And in a surprising move by the otherwise conservative bike maker, Hero MotoCorp released a single-seat café-racer version of the Splendor Pro in the form of the Splendor Pro Classic, which yields similar performance and mileage figures. The bike is also available in the Splendor+ avatar which sports the familiar first- generation Splendor design.
 

 

 
 
 
 
 
 
 
 
6. Hero HF range
Claimed mileage: 88.5kpl
Engine: 97.2cc, single-cylinder, air-cooled
Starting Price: Rs 39,470 (ex-showroom Delhi)
 
 
Hero MotoCorp has been known to make a huge number of products based on the same basic platform. So even right now, the company has about nine motorcycles based almost exactly on their ever so successful Splendor platform. And with a mileage figure of nearly 90kpl, it’s the HF series of bikes from this family that take the number six spot in terms on the chart of the most fuel efficient bikes in the country. The HF series is billed as the more affordable take on the Splendor, with a few features left out to keep costs down. Currently, there are three bikes in this range starting with the most affordable HF Dawn going on to the HF Deluxe and the HF Deluxe ECO, the last of which actually features low rolling resistance tyres for better mileage. Engine-wise, there is no real difference in specs between these bikes and the other Splendors.
 
7. Mahindra Centuro
Claimed mileage: 85.2kpl
Engine: 106.7cc, single-cylinder, air-cooled
Starting price: Rs 43,250 (ex-showroom Delhi)
 
 
Often, it’s hard for motorcycles to differentiate themselves in this cut-throat commuter motorcycle segment, but the Mahindra Centuro certainly does try its hardest. Apart from its distinctive styling, it gets a number of segment-first features such as a flip-key and find-me lamps which flash along with audio beeps at a press of a button on this key, to help locate the bike in a crowded parking lot. Then there are take-me-home lamps which stay on to light up your path once you’ve parked and locked your bike. And to top it off, the Centuro gets a tachometer along with a digital instrument cluster. Mahindra also offers variants of this bike which get a 240mm disc brake at the front for enhanced braking performance. The Centuro packs a 106.7cc single-cylinder motor which comes with the company’s patented lubrication system for improving efficiency.
 
8. Yamaha Saluto RX
Claimed mileage: 82kpl
Engine: 110cc, single-cylinder, air-cooled
Starting price: Rs 46,400 (ex-showroom Delhi)
 
 
The Saluto RX is the latest bike in this list, launched recently as part of Yamaha’s initiative to make headway into the commuter bike space. The company says that the target market for the bike is rural youngsters and that was part of the reason for bringing back the legendary RX name in a bid to have better brand recall. The Saluto RX’s 110cc motor is based on that of its larger capacity sibling the Saluto 125 and also gets some mileage improving features such as the offset cylinder. There isn’t much to write home about in terms of specifications, with the motor churning out 7.5hp of peak power and 8.5Nm of torque. However a kerb weight of just 98kg should make for a sprightly ride. One major advantage that the Saluto RX does have going for itself is the fact that it’s the only bike in this list that meets BS-IV emissions norms.
 
 
9. New TVS Victor
Claimed mileage: 76kpl
Engine: 109.7cc, single-cylinder, air-cooled
Starting price: Rs 49,490 (ex-showroom Delhi)
 
 
While the Victor brand name has its origins back in 2002, just this year, TVS brought the name back in a totally revamped avatar. The changes aren’t just limited to the visuals though. Pretty much everything else has been changed from the ground up as well. This new Victor packs the company’s 3-valve EcoThrust motor which can generate 9.6hp of peak power and 9.4Nm of peak torque, making this the most powerful bike in this lot. And there are a lot more features on offer as well, which really make this new Victor great value. The bike gets tubeless tyres as well as an optional petal disc brake at the front for added safety. Even fit and finish has really been taken to a higher level, making this a bike that leaves very little to fault with.
 
10. Suzuki Hayate EP
Claimed mileage: 76 kpl
Engine: 113cc, single-cylinder, air-cooled
Starting price: Rs 52,235 (ex-showroom Delhi)
 
 
It’s true that the original Suzuki's Hayate did not enjoy much success in the highly competitive arena of entry-level commuter motorcycles in India. However, in a bid to remedy that, the company launched a major update to this bike in the form of the Hayate EP. The 110cc single-cylinder motor now gets Suzuki’s Eco Performance (SEP) technology and makes 8.7hp of peak power and 9.3Nm of peak torque. According to the company, the motorcycle uses a‘Super Sleek Piston’, high-ignition spark plug and low-friction cylinder and piston rings, which helps in delivering improved combustion, a high compression ratio, reduced friction and weight reduction. The new Hayate EP also features a longer seat, a long wheelbase and a new diamond frame. On the convenience front, the motorcycle comes with a maintenance-free battery, tubeless tyres and a five-step adjustable rear shock absorber.

Courtesy : Autocar

Apr 19, 2016
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Yamaha Saluto RX launched at Rs 46,400

Yamaha India launched the new Saluto RX 110cc motorcycle in the Indian market priced at Rs 46,400 ex-showroom Delhi
Yamaha Motor India expanded its product portfolio in the Indian market by launching the new Saluto RX. The new motorcycle is a 110cc offering targeted at the commuter segment. The Yamaha Saluto RX will be the second offering from Yamaha under the Saluto moniker as it already has a 125cc motorcycle on sale with the above name. The Yamaha Saluto RX will be offered in four colour options – Breezy Blue, Matt Black (first bike in the commuter segment to offer matte shade), Inspiring Red and Gleaming Black. The Yamaha Saluto meets BS-IV emission norms and the Japanese two-wheeler giant claims a fuel efficiency figure of 82kmpl. The new motorcycle will be a replacement for the Yamaha Crux that has been discontinued from the Indian market. 

The styling of the new Saluto RX has been inspired from its 125cc sibling and it looks as an attractive proposition for 110cc motorcycle consumers who have started giving styling more preference in the recent years. Powering the Yamaha Saluto RX is a newly developed 110cc, air-cooled, single-cylinder motor generating 7.5PS at 7,000rpm and 8.5Nm of peak torque at 4,500rpm. The new engine also gets Yamaha’s patented Blue Core technology that reduces friction among mating parts thereby increasing the efficiency of the power plant. The motorcycle also employs an all-new diamond type frame and 4-speed gearbox. The Yamaha Saluto RX is also the lightest bike in its segment as it weighs just 98kg. Suspension duties are handled by telescopic front forks and twin shock unit at the back while braking is done by drum brakes on both the wheels. 

Courtesy : Zigwheels

Apr 14, 2016
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