Mahindra Two Wheelers Ltd., yesterday announced the relaunch of its 110cc bike named the Stallio in the later part of this year.The company is currently dealing with 125cc scooters and now it is working towards expanding its portfolio.
Devendra Shinde,Marketing Vice President of MTWL reported that they will be relaunching the Stallio during the festive season this year.Earlier, they had made a soft launch of the bike.They have made some modification and it is ready for launch.He said they have a strategic intent to be an end-to-end player in the two-wheeler market.Over a period of time, they will have presence in the motorcycle segment as well.
He added that the company’s participation in this year’s Moto GP would go a long way in creating a brand space for itself in the motorcycle market.Further he added that although their major emphasis is on scooter market, with increasing demand in the rural and semi urban markets, they are also committed towards the motorcycle segment. Work is on developing 135cc and 155cc motorcycles.