suzuki new bike

Though size and growth figures are not available for this nascent market, companies like Suzuki, which is launching the Hayabusa 1300 cc bike, and Honda, which is launching the CBR 1000 RR, are anticipating huge demand.

This despite the fact that German bike-maker BMW called off an arrangement, signed several years ago, with the Munjals to sell power bikes owing to negligible sales.

The Harley, meanwhile, is facing a roadblock in introducing its range of bikes here as the Indian government has refused to cut duties on the bike. The same government has, however, relaxed its emission norms on the bike and also allowed the company to set up a dealer network in the country.

Last year, media reports suggested that current leader in the performance bike segment, Bajaj Auto, was looking to buy out Ducati Motor Holding in an effort to build its own brand in the lucrative European market.

The Pune-based company, however, later bought a near-controlling stake in Austrian bike company KTM.