The recent reports reveal that the growth rate of scooters is rapidly growing to pretty soon cross the motorcycle market. In the current fiscal it has crossed well over the existing two wheeler growth rate. The sales growth in the last fiscal for scooters was 26% while it was 27% for motorcycles, but in this fiscal the one for scooters is 49% while for motorcycles is 2%. Atul Gupta, Vice-President,... 

The news is already out that Piaggio will be launching its Vespa brand of scooters in the Q1 of 2012 in India. As the date approaches, Piaggio does not intend to keep any ends loose and has major plans to make the Vespa LX 125 a major success in the country. The company will ensure that it keeps the flavor that the company brings but at the same time not forget to localize as many parts as possible... 

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... 

The Electric bike manufacturer Electrotherm India Ltd is planning to launch India’s first electric motorcycle. The project is still in the initial phase and will take some time to become a reality.  The company has already got the technology required to develop these electric bikes and are working on the chassis design. The company is also planning to use high power batteries in the bike just to...