John F
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Kolkata, November 08, 2007: Taking on two-wheeler giants like Hero Honda and Bajaj Auto, a little known city based company - Global Automobiles (GAL) - on Wednesday launched India's cheapest motorcycle at Rs 19,990. Rock 100, powered by a 100cc engine, also provides one of the best mileages in the category at 125 kilometers per litre, the company officials claimed.
'Rock100' is priced almost Rs 10,000 lower than its nearest competitor in this category, Bajaj Auto's Platina, which costs nearly Rs 30,000. Hero Honda's cheapest 100cc model 'CD Dawn' is priced at Rs 33,000 while TVS Motor's 'Star City' costs around Rs 33,000.
Industry analysts said, ''The price at which Rock 100 is launched is a certainly very attractive. However, one would have to wait for the a few months to see how well it stands the competition from the automobile giants.'' GAL chairman Santanu Ghosh said that 'Rock 100' has been designed and developed at the company's Hooghly facility. ''We are rolling out 'Rock 100' nationally.
The company will appoint more than 800 dealers nation-wide. Initial response to the bike is encouraging and we are confident of carving out a niche for ourselves in the 7.6-million two-wheeler market,'' he said.
The company has worked on developing this model for over six months and has spent about Rs 10-12 crore, Ghosh said. ''We have a team of about 15 who are currently working on three more bikes. We plan to launch a 150cc gearless scooter, a 150cc motorcycle and a 200cc motorcycle in the near future,'' Ghosh said.
The company, which started operations in February this year, is expecting a turnover of Rs 400 crore in the first year. ''We expect the venture to be profitable in the next few months,'' Ghosh said. Rock 100 is the second product from GAL, the first being a 125cc motorcycle, Xpression, which has sold about 10,000 units in West Bengal.
GAL claims that Rock 100 will have a mileage of 125km/litre, one of the highest and plans to export the product to Bangladesh, Nepal and Sri Lanka. It intends to initially produce 3.6 lakh two-wheelers annually. The company has already received bookings for 1.6 lakh two-wheelers. |
FinanceMan
 |
OOhhh...
Rock100, from GAL(Kolkata based), Rs.20,000=00, 125 Km / ltr....nothing may be more cheap. Better say : Cheap and best
Now, India is going to show how to create cheap and best. Kolkata may be a "auto-hub" in near future. May "Nano" car also be one of them ?
................Additional and related news from Nano project site :-
Kolkata High Court, INDIA in its judgment dt. 18-01-08 up-holds the land acquisition by the WBengal I.D.C in Singur, WB. The acquired land has been 'leased' to Tata Group for their "Nano" small car project and also for another complex for manufacture of Auto Parts. 55 farms have enlisted themselves for auto-ancillary jobs in this Park. From the very beginning this small car project in the state of West Bengal, India is facing 'resistance' from the vested interests( big Car makers behind ..?). The launch of this car by Tatas might have to lead other Engineers to redraw their car design and stop global "Price-war" |
Swapan, the Dream
 |
KOLKATA: Taking on two-wheeler giants like Hero Honda and Bajaj Auto, a little known city-based company — Global Automobiles (GAL) — on Wednesday launched India's cheapest motorcycle at Rs 19,990. Rock 100, powered by a 100cc engine, also provides one of the best mileages in the category at 125 kilometers per litre, the company officials claimed. |
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