Expect up to 10% sales growth, BS-VI bikes rollout from January: Triumph India

Expect up to 10% sales growth, BS-VI bikes rollout from January: Triumph India

The company, which follows July-June financial year, plans to bring two more new products between January and June 2020

AgenciesUpdated: Monday, December 16, 2019, 08:07 AM IST
article-image

New Delhi: British premium bike maker Triumph Motorcycles expects India sales to grow 5-10 per cent in the 12-month period ending June 2020 on the back of new products, which are expected to make up for the low offtake in first half of the year, according to a senior company official.

The company, which follows July-June financial year, plans to bring two more new products between January and June 2020 to add to its recently unveiled flagship model Rocket 3R priced at Rs 18 lakh.

It is also gearing up to roll out BS-VI compliant bikes from January and have its entire range under the new emission norms by March.

"We are seeing a decent 9-10 per cent growth in September-November compared to the same period last year. This is a positive sign after a weak July-August," Triumph Motorcycles India General Manager Shoeb Farooq told PTI. He said the company is looking at a growth of 5-10 per cent in December.

RECENT STORIES

Avantel Q3 FY26 Net Profit Rises 28% YoY To ₹32.9 Cr, Revenue Grows 25% To ₹441 Crore
Avantel Q3 FY26 Net Profit Rises 28% YoY To ₹32.9 Cr, Revenue Grows 25% To ₹441 Crore
Pakistan Faces Deep Investment Crisis, High Costs & Policy Uncertainty Drive Investors Away
Pakistan Faces Deep Investment Crisis, High Costs & Policy Uncertainty Drive Investors Away
RBI Could Cut Interest Rates Further If India–US Trade Deal Is Delayed, Says Goldman Sachs
RBI Could Cut Interest Rates Further If India–US Trade Deal Is Delayed, Says Goldman Sachs
Rupee Falls To 92 Against Dollar, Imports & Foreign Spending Get Costlier While Exporters See Relief
Rupee Falls To 92 Against Dollar, Imports & Foreign Spending Get Costlier While Exporters See Relief
DCCDL Q3 Rental Income Jumps 18% To Rs 1,412 Crore, Strong Demand Boosts Office & Retail Assets
DCCDL Q3 Rental Income Jumps 18% To Rs 1,412 Crore, Strong Demand Boosts Office & Retail Assets