Suzuki Motorcycles to locally assemble the Hayabusa, to be priced around Rs 12 lakh
For all the bike enthusiasts who have not been able to own a Hayabusa owing to its hefty price tag, there is some good news in store for you. Yes, the Japanese two-wheeler manufacturer, Suzuki has plans to localize its performance-driven motorcycles in order to maximize their sales and profit by reducing the cost. This means that the Busa could be yours at a much lesser amount.
As per SIAM data, the Indian bikes whose engine capacity is 500cc and above have witnessed a jump in sales with 9,130 units sold in the fiscal FY15. As the Indian superbike market has expanded tremendously and is expected to continue growing at a fast pace, all the luxury Superbike manufacturers are planning to locally assemble their products. Among others, Harley Davidson and Triumph along with Kawasaki have already started assembling several models from their lineup at their Indian production facility. Not just these luxury bike makers, Honda Motors and Suzuki Motorcycles sell their superbike models in the county, and are all set to assemble their high end models locally in the country.
Locally assembled products attract a lower tax in India and hence pricing can be competitively done. Japanese automaker, Suzuki has decided to local assemble its high-end sports bikes and the products will be brought into the country as CKD units. If you are still wondering, how much difference a locally assembled product will cost in terms of pricing when compared to a CBU product, the Suzuki Hayabusa, if assembled locally is going to reduce the price of the bike by as much as Rs. 5 lakhs. Hence, the new price of the Hayabusa will be approx. Rs.12 lakhs (ex-showroom). With competitive pricing the Hayabusa, will surely attract buyers. As per reports, the Hayabusa and Suzuki`s other superbikes will be assembled from the company’s Manesar facility in Haryana.
This move by Suzuki may also trigger other global manufacturers to locally assemble their premium products. In a way, the Indian bike market is set to witness more competition which in a way would result in more options and affordable prices for prospective buyers.