Mahindra & Mahindra planning to enter 2 wheeler market

Mahindra & Mahindra today sprang a surprise by indicating that the utility vehicle manufacturer may be interested in two-wheelers.

Company sources said Mahindra was “looking around for a lot of opportunities and talking to many people for expansion”.

Last year, Mahindra reportedly held negotiations with two Chinese companies — Chongqing Lifan and Loncin — for separate motorcycle projects.

The talks with Lifan were for a joint venture in India and meetings were held to finalise the modalities for a tie-up.

A possible manufacturing site is the company’s Hardwar plant in Uttarakhand.

On whether Mahindra was interested in two-wheelers, a spokesperson for the company said, “We do not respond to market speculation. We have, however, always maintained that the company is looking at growth avenues.”

Chongqing Lifan Industry Group Co., which is based in the southern municipality of Chongqing, the state-run Xinhua and is China's biggest private motorcycle maker. Lifan Group has been among Top 500 Motorcycle Manufacturers in the world and Top 500 large-scaled enterprise groups in China. On Sept. 2004, Lifan motorcycle was awarded by the State Bureau of Quality and Technical Supervision and China Promotion Committee for Top Brand Strategy the title of honor of " Chinese Top Brand".

As a face of things likely to come, some bikes manufactured and exported by Loncin:-

LX125-6V

Engine type: Single cylinder air-cooled, 4 stroke

Max power (kw/rpm): 8.2/9000

Displacement (ml): 124

LX250-8 T-Rex Cruiser

Engine type: Single cylinder air-cooled, 4 stroke

Max power (kw/rpm): 11.2/8000

Displacement (ml): 249

LX200-2 Cyclone

Engine type: Single cylinder air-cooled, 4 stroke

Max power (kw/rpm): 11.8/9500

Displacement (ml): 193.2

So stay tuned for the new bikes from Mahindra.

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