Italian two-wheeler maker Piaggio is looking to expand its sales network in India to over 350 dealerships by the end of this year as part of scaling up its business in the country, a top company official said. The company, which currently has around 250 sales outlets, will however stick to its premium lineage even as it seeks to grow its volume in the world's largest two-wheeler market as it does not want to be perceived as mass segment player. "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," Piaggio Vehicles India Managing Director & Chief Executive Officer Diego Graffi said here during an interaction. There is huge area in India where the company is not present in terms of sales network, he said adding that it has only been 6 years since the company re-entered the country. "Through this expansion of sales network, we plan to expand our ...
from Latest News https://ift.tt/2U3JnUR
https://ift.tt/eA8V8J https://ift.tt/2LUVdkd
Home
Business
Business News
Business Standard
Latest News
Piaggio aims to scale up two-wheeler biz in India to over 350 dealerships
Sunday, February 24, 2019
Related Posts:
Will Telangana Cong chief Uttam Reddy get re-elected by YSRC, TDP voters?Reddy, a former pilot in Indian Air Force, is betting on the 'anti-inc… Read More
Gauri Lankesh killing: SIT names Sanatan Sanstha in additional charge sheetThe charge sheet stated that a network within Sanatan Sanstha targeted… Read More
PM Modi to share 50th edition of 'Mann Ki Baat' today: What to expectIn October 2014, the PM had made his debut on Mann Ki Baat, trying to … Read More
SC verdict on Binani Cement's takeover a relief for its former promoterLenders not to invoke guarantee against Braj Binani; UltraTech boosts … Read More
0 comments: