Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 25 2019

Piaggio plans to expand its sales network in India

Piaggio will be sticking to its premium lineage even as it seeks to grow its volume in the world's largest two-wheeler market.

In order to scale up its business in India, Italian two-wheeler maker Piaggio is planning to expand its sales network in the country to more than 350 dealerships by the end of this year. Presently, the company has around 250 sales outlets.

Piaggio will be sticking to its premium lineage even as it seeks to grow its volume in the world's largest two-wheeler market.

Diego Graffi, Managing Director & Chief Executive Officer, Piaggio Vehicles India, said, "We plan to expand our volumes in both domestic and export markets. Currently, our sales network is very limited (in India) as we are one of the last players to come on board here. Through this expansion of sales network, we plan to expand our presence. We are planning to have 350 active dealerships by the end of this year."

"Wherever we are present all across the world in the two-wheeler space, we do not want to be perceived as a mass segment player. We are not interested in that (mass segment). We are not interested in market share. We are among the top when it comes to brand recall and that is what we are looking at," he added.

The company sells Vespa and Aprilia brands in India. It sold 74,704 units in the country in 2017-18.

Comment
image
Related opportunities
  • Casual dine Restaurants
    About: Established in 2009, Roti Aur Boti is a concept-based QSR..
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Little Chef is an ideal experience encompassing 15 years..
    Locations looking for expansion New Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • About Us: Established in the year 2015, Fugazee is a youth..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Car wash / Ceramic Coating / Detailing
    COZI CARS - Mobile Car Wash/Spa & Detailing Franchise Opportunity You Must GRAB!!..
    Locations looking for expansion New Delhi
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities