Piaggio Vehicles, Indian arm of the Italian Automobile giant, Piaggio, would set up a diesel engine manufacturing plant near Pune, its chairman Ravi Chopra informed on Thursday.
The Vespa will sport a 125-cc engine and will be a gearless model.
One can buy 18 Honda Activas or three Maruti Altos or a Honda City for the same price.
When Vespa returned to India, the excitement at the launch event in late April this year was understandable.
Union Agriculture Minister Sharad Pawar on Saturday joined the give-more-jobs-to-the-sons-of-the-soil bandwagon. Inaugurating Piaggio Vehicles India Limited's manufacturing plant in Baramati, Pawar from a public platform asked the Piaggio management to provide more jobs to the locals from Baramati. "I am very happy with Piaggio's investments in Baramati. I am happy with everything Piaggio does in India. However, there is one lacuna that needs to be filled," said Pawar.
With a price tag of Rs 66,661 Vespa LX 125 is being dished out in the India market as a premium product. Here's what justifies the cost.
After a long hiatus Piaggio Vehicles Pvt. Ltd. -- the makers of the romantic Vespa Scooters -- is making a comeback in India. Vespa LX125, country's first style-of-living scooter offering, is all set to dazzle on the Indian roads in next couple of months.
Talks between Piaggio Vehicles, the Indian subsidiary of Piaggio & C.s.p.a of Italy, and General Motors for engine sourcing fell through.
Italian automaker Piaggio on Thursday said it will invest 30 million euro in India to set up a scooter facility in Baramati, Maharashtra, to re-introduce the iconic Vespa scooter by early 2012.
The Italy-based global transportation major, Piaggio & C Spa, will pump in euro 60-65 million over the next two to three years to set up a diesel engine manufacturing facility near Pune.
Three-wheeler giant Piaggio Vehicles Pvt Ltd is set to introduce a four wheeled 1.5 tonne delivery-cum-pickup van in India by the end of 2005.
Italian auto major Piaggio Spa is making its wholly owned Indian subsidiary the global manufacturing hub for three-wheelers and a source of components to be used in its units located in other parts of the world.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances