Triumph,the British motorcycle manufacturer yesterday announced that it will soon make its entry into the Indian market.But the company did not mention the timeline for launching its products in India.The ex-Europe head of Royal Enfield,Mr.Ashish Joshi has appointed as the Managing Director for the company in India.
Nick Bloor,the UK Chief Executive officer of Triumph Motorcycles stated that India is a very important motorcycle market and Triumph has assessed it carefully before deciding to step in.They see it as the next step in their global business model.
Regarding Ashish Joshi,Mr.Nick stated that the appointment of Joshi is a signal of the company’s seriousness about success in India.Prior to joining Triumph,Joshi was heading the European operations for Royal Enfield and established the company’s business in Europe.He has over 16 years of experience in Asia and Europe.
It is not known that whether the Triumph bikes would be imported or assembled in India.But it seems that it would come with the price ranging between Rs.4.77 lakhs and Rs.9 lakhs.