Motoroyale to commence CKD assembly of FB Mondial Bikes and discuss future expansions

Michelle L.

July 6, 2018

One of India’s premium motorcycle firm, Motoroyale, is prepared to commence local assembly operations of Italy’s FB Mondial’s HPS 300 model at its Ahmednagar facility. The Mondial HPS 300 was released this year, priced at Rs 337,000 lakh (ex-showroom, Pune). coque iphone 8 The bike features a single-cylinder, liquid-cooled, 250cc engine which is imported via the completely knocked down (CKD) route. “We will be inaugurating the assembly line at our Ahmednagar plant tomorrow. This will mark the commencement of the assembly operations of the FB Mondial HPS 300 motorcycle at the unit. We have already received about 100 bookings of this model,” said Ajinkya Firodia, managing director of Motoroyale. The firm is rather optimistic about the sales of the Mondial HPS 300. coque iphone 6 “Given the initial response and customer feedback, we are expecting to clock sales of about 1,000 units of the Mondial HPS 300 alone within the next 12 months.” Not to mention, Motoroyale also plans to expand its current business of seven stores to 20 stores by December 2019. coque iphone “FB Mondial has a good future with Motoroyale. coque iphone x We don’t want to compete with any existing motorcycle brand in India or in other markets either. coque iphone x We want to offer very different attributes through our products and the HPS 300 serves that purpose. coque iphone 2019 It is based on a hipster design language that is unconventional and unique to us. coque iphone pas cher We are keen to tapping the niche opportunities in the emerging economies such as India,” said Cesare Galli, CEO, Pelpi International Srl. “We have produced more than 15,000 units of the HPS 125 for Europe and other global markets so far,” he told this publication. The 125cc Mondial bike is not planned for the local market. Besides Europe, the company currently exports its bikes to USA, Japan, South Korea and India as prominent markets.