Triumph’s boss positive about local assembly plant

Mr. Nick Bloor, CEO of Triumph Motorcycles is a part of the entourage which accompanies the British prime minister Mr. David Cameron on his ongoing visit to India. The visit is expected to bear some fruits as far as Triumph’s plans to set up a local assembly plant are concerned. The iconic British motorcycle maker had showcased its entire product portfolio including the mighty Triumph Rocket III at the 2012 Delhi Expo, hinting at an quick entry into our market, but things were not going according to the company’s plan. Mr. Ashish Joshi, the CEO of Triumph Motorcycles India quit all of the sudden. It is to be noted that the top job is still vacant and that has done sufficient damage to Triumph’s Indian ambitions. Triumph’s proposed 30 acre assembly plant near Bengaluru, Karnataka has been delayed and it is anybody’s guess as to what would be the company’s next step. The CKD operation is crucial to make the Triumph products competitive. Then again, there were media reports that suggested that Triumph has concluded against the CKD plant as the market study showed that it doesn’t justify volumes. Meanwhile Mr. Bloor’s visit to India has given some hope to all the Triumph fans out here. He said, “India is a very important motorcycle market and Triumph has assessed it carefully before deciding to invest. We see it as the next step in our global business model and this week’s visit will, I hope, help us to foster further relationships with local businesses to allow us to progress our plans within the Indian market.” The boss sounded positive about the prospect of a local assembly plant, which would initially assemble existing models and could serve as home for future 250cc motorcycle . [Source: Visordown.com ]

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Mr. Nick Bloor, CEO of Triumph Motorcycles is a part of the entourage which accompanies the British prime minister Mr. David Cameron on his ongoing visit to India. The visit is expected to bear some fruits as far as Triumph’s plans to set up a local assembly plant are concerned. The iconic British motorcycle maker had showcased its entire product portfolio including the mighty Triumph Rocket III at the 2012 Delhi Expo, hinting at an quick entry into our market, but things were not going according to the company’s plan. Mr. Ashish Joshi, the CEO of Triumph Motorcycles India quit all of the sudden. It is to be noted that the top job is still vacant and that has done sufficient damage to Triumph’s Indian ambitions. Triumph’s proposed 30 acre assembly plant near Bengaluru, Karnataka has been delayed and it is anybody’s guess as to what would be the company’s next step. The CKD operation is crucial to make the Triumph products competitive. Then again, there were media reports that suggested that Triumph has concluded against the CKD plant as the market study showed that it doesn’t justify volumes. Meanwhile Mr. Bloor’s visit to India has given some hope to all the Triumph fans out here. He said, “India is a very important motorcycle market and Triumph has assessed it carefully before deciding to invest. We see it as the next step in our global business model and this week’s visit will, I hope, help us to foster further relationships with local businesses to allow us to progress our plans within the Indian market.” The boss sounded positive about the prospect of a local assembly plant, which would initially assemble existing models and could serve as home for future 250cc motorcycle . [Source: Visordown.com ]

[via Indian Motos Blog]

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Author: Paul Joseph

I'm a blogger with more than 7yrs in Web, Graphics and Tech field. I started blogging only a year and a half back. I have been writing from ever since on Automobile, Shopping, Investments, Education, Technology, Entrepreneurs, Innovation and IT Parks. I am open to suggestion regarding improving my blogs. Please feel free to send in your suggestions, feedback and complaints. Happy reading !

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