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Ducati India eyes 18 per cent growth this year
Italian superbikes manufacturer Ducati is aiming to grow by at least 18 per cent this calendar year and plans to open more dealerships, a company official said.
“Last year, we sold 1,000 units and registered a growth of 18 per cent. We want to grow at least by that”, MD of Ducati India Sergio Canovas said. Ducati started operations in India from March 2015, he said, adding the company had been importing the bikes from Thailand with which India has a free-trade agreement (FTA).
“Due to the FTA, the bikes are imported at zero customs duty,” he said. Ducati has a range of 19 models from 800 cc to 1,299 cc and the strategy of the company has been to consolidate in the seven urban centres at present. “Our strategy is to consolidate in the seven cities now,” he said.
“We have dealerships in Bengaluru, Pune, Mumbai, Kolkata, Ahmedabad, Delhi-NCR and Kochi numbering at seven. The number of dealerships will rise to 10 in the first half of 2018,” Canovas said.
On the prospects of superbikes in India, he said the market is developing very fast. The bikes attract a GST of 28 per cent. Canovas said there had not been much impact post-GST roll out and the prices have risen by 3-4 per cent.