With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
"India is a very important motorcycle market and Triumph has assessed it carefully before deciding to step in. We see it as the next step in our global business model," Triumph Motorcycles UK Chief Executive Officer Nick Bloor said in statement.
So Britain's largest motorcycle manufacuter will be in India soon. Here's everything you should know about its history.
The company has launched Thunderbird LT as its 12th bike in the country, says Faisal Ali Khan of MotorBeam.com
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
The stock of automative major Eicher Motors hit its all-time high on Wednesday, capping the year with gains of about 52.7 per cent. It has comfortably outperformed its sector index, the Nifty Auto, which jumped 22.7 per cent, as well as the benchmark Nifty, which rose 10 per cent during this period.
'I believe the spirituality he has imbibed has played a big role in this turnaround. It has played a big role.'
Workers from the BJP and Congress clashed in Patna during a protest march organized by the BJP against the use of abusive language towards Prime Minister Narendra Modi's late mother. The protest turned violent, with stone pelting and vandalism reported. Police intervened to control the situation, and an investigation is underway.
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
The Triumph executive, however, declined to comment on the companies, which were in talks with it. Sources said Bajaj might be one of the companies the UK group is holding talks with. Representatives of Bajaj, which was reportedly negotiating with Triumph for an equity buyout, had visited the company's plants in the UK.
It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.
Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company's joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and it has a strong balance sheet and good operating margins.
The least expensive among these starts at Rs 22,60,560, according to a list compiled by MotorBeam.com
On the exports front, Bajaj is under pressure in Bangladesh and Africa. On the domestic front, it could ride improvement in rural demand and new launches but it also has to cope with competitive intensity and a high base. The management projects 7-8 per cent volume growth in domestic 2W in financial year 2025 (FY25) with moderation in H2FY25 due to a high base Y-o-Y.
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
Triumph Motorcycles launched its 2015 Tiger XRx and XCx versions in India with a price tag of Rs 11.6 lakh and Rs 12.7 lakh respectively. These models come with superior ergonomics for enhanced comfort level and improved design for better durability. Let's check out the advanced features of these two Tigers and find out their advantages.
Bajaj Auto reported steady results in Q1FY25, with revenue surging 16 per cent year-on-year (Y-o-Y), operating profit registering a growth of 24 per cent Y-o-Y, and margins swelling 20.2 per cent. The profitability was aided by 50 basis points (bps) on the accrual of PLI benefits. The domestic prospects for two-wheelers are healthy, though the response to the newly launched CNG motorcycle is a key monitorable.
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Two years after it hitched a ride with Hero MotoCorp (Hero), Harley-Davidson (Harley) and the Pawan Munjal-led firm are gearing up to ride into the middleweight (midweight) motorcycle segment (350-850cc) in the world's largest two-wheeler market.
After opening its first dealership in Pune, iconic British motorcycle brand Triumph targets five more dealerships in cities like Ahmedabad, Mumbai, Delhi, Kolkata and Chennai across India by end of 2014.
Triumph has launched the Daytona 675 R in India which is priced at Rs 11.4 lakh
As promised, ladies and gentlemen, here's the Triumph Thruxton.
Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.
The bike is extremely thrilling right from scratch and I couldn't help falling in love with its distinct character, says Aakash Paul.
Veer Arjun Singh finds out what a bunch of passionate bikers can teach us about the adrenaline-fuelled hobby
With sentiment for the automotive (auto) sector turning positive, stocks of two-wheeler auto majors have been hitting their 52-week highs. Hero MotoCorp, Bajaj Auto, TVS Motor Company, and Eicher Motors recently reached their yearly highs on strong sales in the festival season and the expectation of faster growth rates ahead. Since the start of this month, listed two-wheeler majors have delivered returns in the 12-17 per cent range, compared to the 7 per cent gains for the S&P BSE Auto Index and 3 per cent for the benchmark S&P BSE Sensex.
Rajesh Alva takes you through the vital monsoon checklist for your two wheeler.
'What a heart, what a mindset, what guts, what everything, what a REFERENCE you are! I'm at your feet!'
Triumph motorcycles India launched its next generation of Bonneville motorcycles. Take a look!
The Tiger XCx model is priced at Rs 13,76,000.
It doesn't really matter where you take this motorcycle, heads are bound to turn.
National-award winning actor, producer, hotelier, ex-politician, cricket team owner, philanthropist, highest tax payer, reality show judge, animal lover and, above all, people's hero -- Mithun Chakraborty -- who has been conferred the Dadasaheb Phalke Award -- is truly a force of nature, notes Sukanya Verma.
The Moto Guzzi V9 Bobber, priced at Rs 14 lakh, the V9 Bobber is an expensive proposition but don't discount it yet. BikeDekho reviews the latest Italian bike from one of the oldest surviving motorcycle brands in the world.
The Central Board of Excise and Customs, through a notification on February 12, has slashed the duty on both the variants of motorcycles imported as completely build units (CBU) to 50 per cent.
The Triumph Street Triple 675 is a classy, sporty motorcycle with probably a performance which is best suited to our riding conditions. It is the best upgrade from a 300-400 cc machine. This indeed is one of the finest performance bikes we have ridden.
We know that the new Thruxton R looks so beautiful that anyone can fall in love with it but its capabilities are best discovered on the roads
British motorcycle brand Triumph on Thursday entered India with 10 models, priced between Rs 5.7 lakh and Rs 20 lakh (ex-showroom Delhi), to challenge the dominance of Harley-Davidson here.
The India Bike Week in Goa was a celebration of the joy of biking
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