facebook
AD

Polaris Industries and Eicher Motors may setup a joint venture in India

Authors Image

Pratheek Kunder

7,295 Views
Polaris Industries and Eicher Motors may setup a joint venture in India

Polaris Industries is in talks with Eicher Motors to setup a two-wheeler partnership in India. The American maker had announced few weeks ago its plans to enter the Indian premium motorcycle market with their ‘Victory’ and ‘Indian Motorcycles’ brand.

The talks between the two auto-giant are currently in nascent stage but if the deal goes through, Polaris will sell locally assembled versions of their motorcycles in India. The company is eyeing Royal Enfield’s Jaipur plant which is currently empty.

The Indian consumers will be happy if this deal happens, as assembling the American motorcycles in India will help the company price their products lower. There is a possibility of the motorcycles to come to India through completely-built-up (CBU) route initially but will later be switched to local assembly.  

Currently, Harley Davidson is the only American motorcycle brand that has been doing good business in India. They will be joined by the British motorcycle company, Triumph later this year with their full range of premium motorcycles.

"While nothing has been finalised yet, discussions are happening on various matters, including extending the tie-up with Eicher to include bikes as well. Polaris is searching for a local partner, which it feels is necessary to be a significant player in India in the large two-wheeler segment. For this, Eicher is the first logical choice. It is eyeing Eicher's Rajasthan plant, which has been lying unused for many years now" said a source to FE.

Source: Indianexpress

Royal Enfield Thunderbird 500 Gallery

  • Royal Enfield
  • other brands
Royal Enfield Hunter 350
Royal Enfield Hunter 350
₹ 1,49,900Onwards
Avg. Ex-Showroom price
Show price in my city
Royal Enfield Classic 350
Royal Enfield Classic 350
₹ 1,99,499Onwards
Avg. Ex-Showroom price
Show price in my city
Royal Enfield Bullet 350
Royal Enfield Bullet 350
₹ 1,73,562Onwards
Avg. Ex-Showroom price
Show price in my city
AD

Featured Bikes

  • Popular
  • Upcoming
Royal Enfield Hunter 350
Royal Enfield Hunter 350
₹ 1,49,900Onwards
Avg. Ex-Showroom price
Show price in my city
Royal Enfield Classic 350
Royal Enfield Classic 350
₹ 1,99,499Onwards
Avg. Ex-Showroom price
Show price in my city
Yamaha MT 15 V2
Yamaha MT 15 V2
₹ 1,69,207Onwards
Avg. Ex-Showroom price
Show price in my city
Honda Activa Electric
LAUNCHING SOON
Nov 2024
Honda Activa Electric

₹ 1,00,000

Onwards
27th Nov 2024Expected Launch
Hero Xoom 160
Hero Xoom 160

₹ 1,10,000

Onwards
Nov 2024 (Tentative)Expected Launch
Hero Destini 125
Hero Destini 125

₹ 83,000

Onwards
Nov 2024 (Tentative)Expected Launch

Royal Enfield Thunderbird 500 Price in India

CityOn-road Price
Mumbai₹ 2,54,341
Bangalore₹ 2,69,354
Delhi₹ 2,42,210
Pune₹ 2,52,400
Hyderabad₹ 2,46,699
Ahmedabad₹ 2,40,162
Chennai₹ 2,41,680
Kolkata₹ 2,47,080
Chandigarh₹ 2,31,221
AD
  • Home
  • News
  • Polaris Industries and Eicher Motors may setup a joint venture in India