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Vespa to step back again in the Indian market by 2012
The third innings of the very famous Vespa brand is all set to enter the Indian market. The Vespa had entered the market in 1960s as a joint venture with Bajaj that ended in 1971. After this, vespa tied up with LML for the span of 1983 to 1999. Now Piaggio, Vespa’s parent company is all set to bring Vespa back to India.
The Piaggio board has approved the investment of around 30 million euros...
