“We are working on a motorcycle and you should see it during the course of 2010,” Mahindra & Mahindra (M&M) President (Two-Wheeler Sector) Anoop Mathur told PTI.
When asked about the timing of the launch of the bike, he said, “we will time the launch of the bike in such a way that we get the best impact.” Mathur, however, declined to disclose the segment in which the bike will be positioned.
Yamaha eyes scooters
Meanwhile, Yamaha, said on Sunday, that it will introduce scooters in the Indian market in order to tap the potential in segment.
The company is currently conducting a feasibility study on the scooter market, which is expected to be complete by the middle of this year. “We are studying the market to enter the scooter segment, but we have not finalised the product line yet.
However, one thing is sure that we will launch scooters in India,” India Yamaha Motor National Business Head Pankaj Dubey told PTI. The feasibility study is focusing on areas such as the model to be introduced and possible timeframe of launching the product in the country, he added.