Triumph goes to India with Prime Minister David Cameron
19 February 2013 09:47
Triumph Motorcycles has been invited to send representatives as part of a small delegation to India with Prime Minister David Cameron on a trade mission.
The visit by Triumph follows confirmation by the Leicestershire-based manufacturer that it has secured a 30-acre plot of land in the state of Karnataka with the intention of establishing a manufacturing base for motorcycles to be sold in India and other developing markets.
India is the second largest motorcycle market in the world and it continues to grow in all segments. Triumph’s planned launch into the Indian market, which is scheduled for later in 2013, confirms the British business’ commitment to this emerging market.
Commenting on Triumph’s planned investment and launch in India, Nick Bloor, CEO of Triumph Motorcycles, said: “India is a very important motorcycle market and Triumph has assessed it carefully before deciding to invest.
We see it as the next step in our global business model and this week’s visit will, I hope, help us to foster further relationships with local businesses to allow us to progress our plans within the Indian market.”