Benelli to set up manufacturing plant near Hyderabad

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Hyderabad, Aug 6 (IANS) Benelli, global leader in the super bike segment, on Monday signed a memorandum of understanding (MoU) with the Telangana government to set up an indigenous manufacturing plant near Hyderabad.

The Italian motorcycle brand, owned by China-based QianJiang Group, also entered into a strategic partnership with Adishwar Auto Ride India-Mahavir Group to market its product in India.

The partnerships were announced by the officials of Benelli, Telangana government and Adishwar Auto Ride India-Mahavir Group at an event here.

The manufacturing facility will be set up in two phases at Pochampally. The first phase, spread over 3 acre, will be executed through Adishwar Auto Ride India-Mahavir Group and will be operational by October 2018. The second phase will be a large setup that will span over 20 acre.

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Established in 1911, Benelli has presence in over 60 countries. Its global product portfolio includes more than 200 variants including motorcycles, scooters and electric bicycles.

–IANS

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