Re: Hyosung GT650R & ST7 Launched
Garware Motors Ltd, a wholly-owned subsidiary of Garware Bestretch Ltd, plans to go in for 100 per cent manufacturing of Hyosung bikes in the country over the next two years. The company – which has a tie up with South Korea-based S&T Motors – currently assembles the bikes at its plant at Wai in Maharashtra, said Mr Hyder Ali Khan, Chief Operating Officer, Garware Motors Ltd.
“In the first phase, we are looking at manufacturing close to 40 per cent of the parts that goes into the bike locally. We are in talks with two-to-three vendors for the same,” Mr Khan said on Saturday. The company's assembly plant in Maharashtra has a capacity to manufacture 8-10 bikes a day. source - hindu business line