Ultra Motor India plans to launch three scooters, including one in the category of high speed, and import high-end models to India next year. "Electric vehicle category is becoming more and more important globally and will grow substantially in India also. We are planning to sell 55,000 units in India in 2009-10," says Ultra Motor Chairman and CEO Joe Santana. (Source: UMI website)
Electrotherm India Ltd (Eil) has posted revenues of Rs.200 million in the period from July to September this year, compared to Rs.130 million in the previous quarter. During the quarter, the company reported 54 percent increase in sales of Yo-bikes. (Published by Thaindian.com on October 28, 2008)
BSA Motors, a Murugappa group company targeting the market share of approximately 18-20 percent by the end of this financial year (2009-10). The company plans to increase its dealer network from 30 present in the four southern states to about 100 within three months and subsequently increased to about 120 by the end of this fiscal. The company expects sales of about 25,000 bikes during the current financial year. (
Currently only YO bikes, Hero Electric commercial TV broadcasts and provide promotional offers to their customers. Lectrix motors ltd has presented e-1 model "the game" of all matches played in the ICL 2008. Most other companies run their ads on local channels and followed the traditional banner ad. Some companies offer a regional campaign for the festive season.
