The first bike to come out of the Bajaj Triumph partnership is likely to be a 500cc single-cylinder bike.
Bajaj and Triumph announced a partnership earlier this year to make middleweight bikes between 400cc-800cc for India as well as other international markets. However, we now have news that the first bike from the partnership will hit the Indian market in 2020 and is likely to be a 500cc single-cylinder bike. Triumph could contribute to styling, design and engineering while Bajaj could offer knowledge on the manufacturing of low-cost bikes and supply chain.
With Bajaj’s alliance, the Bonneville-maker intends to more than double its global business and make India its largest market. Since its entry to India in 2013, it has sold over 4500 bikes, holding a market share of 15 percent. The company is growing currently at a compounded annual growth rate of over 20 percent with sales of over 64,000 units (globally) at the end of 2016 and expects the middleweight bikes planned for India and other emerging markets to bring incremental volumes of 1,00,000 bikes. India, currently, accounts for merely 2 percent of Triumph’s global volume of 64,300 units.
Apart from the scooters, it is the mid-sized/premium bikes that is the fastest growing segment in India. Royal Enfield, currently, holds the lion’s share of about 76 percent followed by Bajaj-KTM with a 21 percent share. Apart from the Bajaj partnership, Triumph’s focus will remain on the above 500cc segment. The automaker intends to assemble 90 percent of its bikes (in the India line-up) in India by the middle of next year.
Bajaj Triumph 500cc Single-Cylinder Bike
– Bajaj Triumph partnership’s first bike is likely to be a 500cc single-cylinder
– The bike is likely to be launched in India in 2020
– The bike will rival the Royal Enfield Classic 500
Source – ETAuto.com
