Bike makers line up 60 new models for launch next year

Published on Tue, Dec 12, 2006 at 08:20 |  Source : Moneycontrol.com

Updated at Tue, Dec 12, 2006 at 08:46  

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As many as 60 new bike models are lined up for launch in the next calendar year by new and existing players alike as they seek to consolidate their position in the fast growing domestic motorcycle market.

According to industry watchers, players such as Hero Honda , Bajaj Auto and Suzuki Motorcycles have firmed up plans to roll out between 8-12 new bikes each, while Kinetic , TVS , Honda Motorcycle & Scooter India, and Yamaha plan to launch between 3-5 each in 2007.

"Despite being extremely competitive, the bike market will continue to see double-digit growth momentum as there are no absolutely no signs of an impeding slowdown. This could be a reason why such launches have been lined for 2007," Mr Pradeep Saxena, Senior Vice-President, TNS Automotive, said.

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