Thursday, July 21, 2011

Royal Enfield Announces Classic Chrome 500 for India : BikeAdvice

Royal Enfield Announces Classic Chrome 500 for India : BikeAdvice

Link to BikeAdvice.in

Royal Enfield Announces Classic Chrome 500 for India

Posted: 21 Jul 2011 11:27 AM PDT


Original Source: Royal Enfield Announces Classic Chrome 500 for India from BikeAdvice.in

Greetings! The world of two wheelers is never ending as there is some or other new bike being introduced in the Indian market. Not many days have passed since we rolled out the news of introduction of Royal Enfield's Classic Chrome 500 into the U.S markets. Here is another piece of great news that will make all the Royal Enfield fans go crazy. News has it that Royal Enfield has announced the introduction of Classic Chrome 500 into India soon. This will benefit RE to not only enhance their brand image but also grab some sales. The company has made the announcement of bringing the bike to India on their Facebook page.

Few months back RE has introduced the Classic Chrome 500 in U.S markets and the company is planning to bring it to India anytime soon.

To the surprise of all the RE fans, the exact dates of Classic chrome 500 coming to India has not been spilled out by the company, however it is pretty much clear that the bike is going to come to our country. News has it that the Chrome version of the Classic 500 does not differ in many ways from its regular Classic EFI version in terms of the mechanics. It is also speculated that RE would bring in the Classic Chrome 500 with a non EFI carbureted engine for India. The Classic Chrome 500 is an all in one power packed bike that can produce a maximum power of 27.2 Bhp with up to 41.3Nm of torque.

The looks of this power packed baby are pretty much astonishing with whole body drenched in silver and chrome. The toolbox, tank and the front fender also sport generous and attractive silver color that adds to the bike's look. Also it is expected that the Indian version of Classic Chrome 500 will sport 19 inch wheel upfront. All in all, RE has decided to launch this power packed bike in India anytime soon and one may see its sales rocketing soon after the launch in India. However, the company did not yet declare any date whatsoever thus all the RE fans will have to wait in order to get their hands on this power mill.

Share on Facebook

Related posts:

  1. Royal Enfield Unveils Classic Chrome and Bullet 500 UCE for the U.S Market
  2. Royal Enfield Classic in Waiting for 8 to 10 Months!
  3. Royal Enfield Working on a 650-700cc Parallel Twin
  4. Royal Enfield Bullet Classic 500cc EFi
  5. Royal Enfield Classic 500 – A Bitter Pill to Swallow?

Bajaj Auto Planning for a Plant in Gujarat

Posted: 21 Jul 2011 11:17 AM PDT


Original Source: Bajaj Auto Planning for a Plant in Gujarat from BikeAdvice.in

The latest news of Pulsar to be upgraded before the end of this year has made us eager in getting further updates from one of the company's major manufacturer. There is nothing that can be done as of now rather than waiting with the fingers crossed till we get further news on this issue.

The new news now is that the auto major is finding a tough time with the Govt of  Maharashtra, where its present manufacturing plant is operating. Bajaj Auto has its  plants in Aurangabad and Chakan in Maharashtra, and the other one at Pant Nagar.

The Government of Maharashtra is supposed to pay the company a huge sum of money  equalling INR 1100 crore as part of the sales tax refund which the company has not  received so far. The Govt had imposed lot of restrictions and conditions to get the  money back.

According to Indian Express, 'The company' soon nearing  installed capacity of around  5 million units in regards to production, and the need for a plant will be a near future  requirement. MD, Mr Rajiv Bajaj has also voiced his grievance regarding acute labour  problems in the Chakan region of Pune, and acknowledged that proactive nature of  Gujarat government to the industry'.

Mr. Rajiv Bajaj, MD of Bajaj Auto said, "We are likely to review our investments in  Maharashtra as we are finding it tough to do business here". He added, "It is a mess  here", regarding the heavy delays in refund of money.

"If the Maharashtra Government is going to be erratic, one has to look at other States." "We will consider going to Gujarat.""In May, we were told to give a bank guarantee, which we did. But still no dues have been received from the Government."

Regarding the process that the Government had asked for the company, Mr.Bajaj said, "The state government owes us R1,100 crore and we have not got a penny. We have tried everything".

The company also claimed that the company that it had lost INR 100 crore as interest for the amount to be refunded and a sum of money worth INR 30 crore in other income because owing to this.

Though Bajaj is the 3rd automobile company to resist Maharashtra Govt's negligence in this issue, it is the first 2 wheeler manufacturer to come up with a move like this. This proves the fact that the Auto major is eyeing Gujarat to come up with a new plant, which would in a way assist in boosting the company's sales.

The worst part of this story is that Bajaj Auto could have come up with better figures than it had in the first quarter of the current financial year if the Government of Maharashtra had denied to pay the sum of money on time.

Regards,
M.Naren.
Author – BikeAdvice.in

Share on Facebook

Related posts:

  1. Bajaj Auto Expanding Its Capacity at Pantnagar Plant
  2. Hero Honda Plans for it's Fourth Plant
  3. HMSI to Set Up Third Plant in Karnataka
  4. Bajaj Auto’s Plans and Target for Gujarat
  5. Bajaj Auto to Expand its Dealer Base

No comments:

Post a Comment