Hyosung to Set-up New Plant in Maharashtra

Published 10 years ago | By Maxabout Team Read more in Hyosung News | 541 Views

DSK Motowheels, part of the Pune based DS Kulkarni Group, which now assembles the Hyosung superbikes and sells in India, prefers to set up its Hyosung bike manufacturing plant in Maharashtra over Gujarat and Goa in the country for logistical reasons. The company plans to increase localization in its bikes to 90 % over the next three to four years, thereby bring down costs by around 30%, and a manufacturing plant is a step in that direction. The company currently assembles the Hyosung superbikes from the stable of Korea's S&T Motors at a small assembly unit at Wai in Maharashtra that can assemble 10 bikes per shift per day. DSK plans to set up a 1.2 lakh units p.a plant over 70 to 100 acres with an investment of around Rs 400 crore.

Updated: 07-09-2012 12:28:25

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