DSK Hyosung is to set up a new manufacturing facility in Maharashtra. The company will manufacture most of its products that are sold in India here.
Shivapada Ray, the Chief Operating Officer of DSK Motowheels said, "Plans are already in place for a manufacturing facility that will come up in Maharashtra. It will 18 months to build the plant and the rollout of products is likely to happen in two years."
Currently, DSK Motowheels assembles and sells motorcycles priced between INR 2.9 lakh and INR 6.12 lakh in India.
The brand has also opened the gates to Italian motorcycle maker Benelli as well, which will be assembled in India.
Ray added saying, "Ten years ago, there were a couple of companies present in the superbikes segment. But the turbocharged growth has drawn in about 12 players into the segment today."
DSK also opened its first dealership in Jaipur. The company is now looking to expand its dealership network throughout India at a rapid pace since the superbike segment is fast growing in the country.