100 cc bikes will drive Suzuki soon: Atul Gupta, Suzuki Motorcycle India
Suzuki expects its two-wheeler sales to pick up once it doubles capacity at Gurgaon plant, says VP Atul Gupta.
Suzuki is a big brand in India. Do you think the relatively new two-wheeler company can match the success Suzuki has had in the Indian car market?
Atul Gupta: Suzuki has a huge brand equity, that goes without saying. But, at the same time, I believe it would be fair to draw comparisons only within the two-wheeler industry. Suzuki Motorcycle has shown higher marked growth within the segment it is present and our sales are growing at the faster pace than the domestic market, but any noticeable change will happen once we double our capacity in Gurgaon and draw sizeable volumes in the local market.
What are the products that you plan to roll out from the new plant to drive Suzuki Motorcycle to the next level?
Atul Gupta: The current growth is led by scooters, where, in the mid-size segment, our market share has increased to 25% from 10% in the past one year. We are market leaders in the super bike category, with Hayabusa, Intruder, Bandit and GSX-R1000 giving us a huge lead over other global companies like Harley Davidson, Honda and Yamaha. Now, we are geared up to expand and introduce products for the mass volume segment like 100 cc bikes that will impact the Indian market with huge volumes in our kitty.
Hero Honda and Bajaj Auto together are likely to produce around 9-10 million motor cycles in the next fiscal. Suzuki Motorcycle's target is only half a million. How do you hope to build up volumes?
Atul Gupta: We are certainly looking at building on our volumes. The entry into the mass segment 100 cc bikes, that form around 50% of the 10 million Indian two-wheeler market, will help us leverage the brand and generate sales.
What is your road map to become a major player in India where young people now drive consumer demand?
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