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HYDERABAD: The Rs 4,000-crore diversified DSK Group is considering to roll out two more cruiser bikes later this year from the South Korean company Hyosung stable.
In the same move, DSK Motowheels has chalked strategy to set up a manufacturing base with an outlay of about Rs 300 crore for the Hyosung range. The company is planning to introduce mass market bikes in the 125 cc and 150 cc segment.
Shirish Kulkarni, Director of DSK Motowheels, said, “An Indian plant and 90 per cent localisation will enable us to offer bikes cheaper by about 35-40 per cent as we will save on various imports. The company plans to roll out two more bikes in the cruiser segment. While one will be in the 250 cc category, the other one planned is in the 650 cc segment.”
Initially, the company is in process to set up research and development (R&D) centre followed by the setting up of the manufacturing unit.