While saying the junior varsity, the corporate conjointly dominated out the likelihood of transportation in its fashionable 'Renegade' series of bikes. once revealing the Renegade at the 2014 Old Delhi machine exhibition, the corporate did a research and located that associate all-new vary of bikes, supported associate all-new platform, are a stronger possibility rather than Renegade. the corporate conjointly disclosed that it's performing on up to 500cc bikes, and can roll out its initial product within the second quarter of 2015. Initially, the corporate can launch reasonable cruisers in 300-500cc range; but, it'll enter alternative segments at a later stage. to create these bikes reasonable, the corporate is planning to accomplish up to seventieth localisation level.
Mr. Ayush Lohia, Director, Lohia machine same, "The merchandise of UM mix with our strength of producing will certainly enrapture to Indian bike lovers. we tend to area unit committed to provide the globe category quality Bikes at our Kashipur plant. we tend to are committed to please Indian customers with our sales, once sales services and products" commented mister. Ayush Lohia.
Aiming to turn out one,00,000 units/year, UM can manufacture its bikes at Lohia Auto's existing facility in Kashipur, Uttarkhad.The expected begin of production are round the second quarter of 2015. the corporate same that the general investment within the junior varsity company are some Rs one hundred twenty crores over a definitive amount. at the side of fulfilling the Indian demand, UM conjointly aims to create its Indian facility and vital export hub.
Mr. Juan Villegas, Director UM International same, "UM International is here to create distinction in Indian motorbike Arena and not only 1 a lot of player. we tend to area unit gazing Republic of India with future perspective, with a vision to to not solely cater to domestic would like however to conjointly export to totally different a part of the globe. we are going to ceaselessly keep up our merchandise to be prior the league in terms of performance and affordability. we are going to launch bikes all told segments {including|as we tend toll as|together with} sports and moving as we move forward."
Mr. Rajeev Mishra, Director, UM India, comments, "We would like to draw associate equally valuable expertise for each the parties as this venture is very important for UM International's enlargement within the Republic of India. we tend to area unit very positive that the Indian client can equally appreciate the tailor created product we tend to bring at the side of the producing expertise of Lohia machine. we tend to promise to perpetually surprise the Indian client with our innovative, reasonable motorcycles clubbed with our comfort driven approach, until UM Motorcycles becomes a social unit name."
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