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Business EconomyPosted at: May 13 2019 10:18PM


Benelli offers price reduction on 300cc range bikes

Hyderabad, May 13 (UNI) Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, on Monday announced the new pricing for its popular 300cc line-up – TNT 300 and 302R, owing to the reduction of manufacturing costs.
With this offer, the TNT 300 now costs Rs 2.99 lakhs and the 302R costs Rs 3.10 lakhs, the company said in a statement here.
The price reduction will further strengthen the sales of its already popular 300cc line-up, making it more accessible and value for money offering for prospective customers.
Benelli India Managing Director Vikas Jhabakh, said, "we have witnessed a significant reduction in the manufacturing cost of the TNT 300 and 302R models and this has helped us to pass on the benefit to the biking enthusiasts in India."
In 2005, Benelli became a part of QJIAN JIANG (QJ) group, China. The production capacity reaches to 12,00,000 vehicles per year, with about 14,000 employees.
Benelli as a global player has established itself across 70 countries and growing stronger.
Further strengthening Benelli Q J’s position in the global market is Geely’s recent $166 million investment in parent company QJ, giving it 29.77 per cent ownership of QJ’s equity.
This makes Qjian Jiang, China’s second largest motorcycle manufacturer.
Mahavir Group Director Vikas Jhabakh, spearheads Benelli’s operations in India through Adishwar Auto Ride India (AARI), a partner of Mahavir Group, one of the leading automobile dealers in the country.
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