HOG members rev it up in Udaipur as the third western ride draws to a thundering close

Udaipur witnessed the full vigor of over 350 Harley Owners Group (HOG) members as they roared into Rajasthan for the third Western HOG Ride from March 8-10. Harley owners from across the 13 HOG Chapters in India rode into the city of lakes that formed the perfect back drop for the largest ever HOG ride in Rajasthan, according to a statement issued by the company.

The three day event, organised, exclusively for Harley owners had live rock music, a burnout zone, the newest Harley-Davidson merchandise on display, a tattoo zone, a motorcycle workshop, an arm wrestling competition and many other activities that kept the riders engaged. The key highlight of the event, of course, was the contest among riders for the ‘best customised’ motorcycles at the Ride.  As the ride came to an end, emotions ran high amongst the HOGs as they bid adieu to new found friends and held on to some memorable experiences of the third Western HOG Ride.
Srikanth Panikar, Nine Bridges Chapter Ahmedabad said: “Having ridden across India, this was a very enchanting ride, simply because of the distinct terrain of this region. Three days of pure riding, fun with fellow riders and a whole lot of exciting activities adds to the quintessential charm of HOG rides where we get to bond with other members of the larger HOG family”.
Speaking about the ride, Anoop Prakash, Managing Director Harley-Davidson India said: “Harley-Davidson has been at forefront of nurturing leisure motorcycling in India. We recently inaugurated the Dunes Harley-Davidson dealership in Jaipur and it brings immense joy to us to be able to further spread the world-renowned Harley-sprit of camaraderie and culture between ridersinto the region. Our rallies form the core of the shared brand experience and provide an opportunity to experience the best of the Harley-Davidson lifestyle”.
The Harley Owners Group in India encompasses the true spirit of brotherhood and camaraderie, something that Harley-Davidson is renowned for, world over. Zonal HOG rides are conducted at regular intervals, for customers to meet, ride and experience adventure, self-expression and freedom of open roads.

With presence in over 120 countries and 1.3 Million members from across the world, HOG is one of the largest and most successful global communities bound together through common beliefs and a passion for biking. With participation from HOG chapters across India- the third edition of Western HOG Ride was a pan-India phenomenon.
Harley-Davidson India commenced operations in August 2009 and appointed its first dealership in July 2010. The Company offers 12 models in its line-up in India, in addition to a full range of genuine parts, accessories, and general merchandise, available through its authorized dealerships. Harley-Davidson India is headquartered at Gurgaon, Haryana, and has an assembly unit at Bawal, Haryana. The company has 13 dealerships across India: New Delhi, Chandigarh, Mumbai, Hyderabad, Bangalore, Chennai, Kochi, Kolkata, Ahmedabad, Indore, Pune, Goa and Jaipur. For more information, visit the Harley-Davidson India web site at harley-davidson.in, Facebook pageand YouTubepages.
Founded in 1983, the Harley Owners Group is the official riding club of the Harley-Davidson Motor Company. HOG currently has more than one million members and over 1,400 chapters worldwide, making it the largest factory-sponsored motorcycle organisation in the world. HOG rallies are held around the globe to celebrate Harley-Davidson motorcycle riding. For more information about HOG, log onto hog.com.
Harley-Davidson Motor Company produces custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. For more information, visit Harley-Davidson’s website at h-d.com.

Polaris Experience Zone launched in Bhopal

Making its presence more available to the adventure enthusiasts and let the bikers enjoy dirt racing on uneven terrain, Polaris India Pvt Ltd, a wholly owned subsidiary of Polaris Industries Inc, the world leader in off-road and All-Terrain Vehicles, today announced the launch of off-road track (Polaris Experience Zone) in RPM, Bhopal, Madhya Pradesh, according to a company statement.

Situated just a kilometer ahead of Ratibad town on Bhadbhada road, RPM offers the thrill of Polaris vehicles and a sense of discovery with bikers manoeuvring through dirt track with slush pit, humps, sand and stones all on a complete dirt terrain.
Spread over a huge area, RPM offers two tracks, one for adult and the other for kids. The adult track covers a stretch of 300 meters and has nine obstacles including two slush pits. The kid’s track on the other hand is 200 meters long. Offering terrains of thrill and excitement to adventure lovers, RPM also has other activities such as go-karting, archery and paintball.
Speaking on the launch Pankaj Dubey, Managing Director, Polaris India said: “With changes in lifestyle, people are leaning towards adventures sports. Amongst all, off-roading experience is gaining traction in India. Bhopal is a strategic location with Madhya Pradesh being a popular tourist destination. We foresee huge interest and growth prospects in Polaris Experience Zone.  We also plan to introduce more off-road tracks in other locations all over the country. With -such PEZ adventure lovers can now experience the real off-road thrill”.
The owner of the RPM, Sanjay V Shinde said: “We are thrilled to be associated with Polaris India. RPM was created with an ultimate aim to offer and serve maximum entertainment to people. It is an adrenaline-boosting place, where you will be exhilarated to ride the fast-paced Polaris ATVs on the muddy irregular un-levelled terrain. Taking care of adults and kids, the place offers different types of activities”.
Polaris India has on offer a diverse range of its models for the lovers of off-roading. The Phoenix 200 is a proven and reliable ATV. It comes with 200cc four-stroke single cylinder, air-cooled engine and Automatic Transmission (PVT) with forward, neutral and reverse.

The Sportsman Touring 500 HO has integrated front storage and Lock and Ride compatible rear rack making it easy to carry gear and comes with Engine braking system for smooth, controlled descents. The ultra-comfortable seat and backrest are fully padded and contoured for full support, with a slightly raised for clear visibility of the trail.
Trail Boss 330 is an entry level ATV. Combination of 329cc air-cooled engine and automatic transmission provides enough confidence to rider. Sportsman 90 with a four-Stroke Engine is a youth ATV which comes with Parent-adjustable speed limiter and includes instructional DVD.
RZR S 800 is a proven true-sport long-travel suspension package straight from the factory. The 12″ of front and rear suspension travel soak-up the roughest terrain. The 800 EFI high-output engines combined with a low vehicle weight delivers fast acceleration at 0 to 60 kmph in just four seconds.
Apart from the newly launched PEZ in Bhopal, Polaris also has 20 other such PEZ spread all over the county to reach out to more people and in turn give the participants a chance to experience the off-road racing experience within their city. Polaris India earlier launched Experience Zone (PEZ) at Dharuhera, Haryana.
Polaris India was established as a wholly owned subsidiary of Polaris Industries Inc, the US, which designs, engineers manufactures and markets innovative, high quality Off Road Vehicles (ORV’s), innovative All-Terrain Vehicles (ATVs), the Polaris Ranger®, (for recreational and utility use), Snowmobiles, Motorcycles and Electric powered vehicles. Polaris India Pvt. Ltd. launched its flagship products including ATVs, Polaris Ranger RZR®, Side x Side Vehicles and Snowmobiles in India on 24th August, 2011.The iconic Indian® Motorcycle, America’s first motorcycle companywas launched in New Delhi , India on 22 January,2014 and the entire range of the all-new 2014 Indian® Chief® was revealed.
Polaris India, has taken one giant step to revolutionise the Indian market for catering to very culture of the Indian Territory with a wide array of diversified off-road vehicles designed exclusively for our elite customers and various utility use. Polaris India has a strong network of 16 Dealerships, 10 PRS (Polaris Riderz stop) and 20 Polaris Experience Zones (Off Road Tracks) to take the off road riding culture way ahead. They are state of the art and offer a workshop for service. These dealerships located at Ahmedabad, Bangalore, Chennai, Kochi, Dehradun, Guwahati, Hyderabad, Indore, Jaipur, Srinagar, Kolkata, Lucknow, Ludhiana, Mumbai, Dimapur and New Delhi. Information about line of Polaris products, apparel and vehicle accessories are available at polarisind.in or from authorised Polaris India Dealers.
Polaris is a recognised leader in the powersports industry with annual 2013 sales of $ 3.8 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian Motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid powered vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris Engineered parts, accessories and apparel and Klim branded apparel.
Product Line
Sportsman® ATVs   Polaris Sportsman range of ATVs is the best way to enjoy the outdoors. They are affectionately called quad-bikes. Through rain or snow, flat or hilly terrain, our ATVs perform at optimum levels no matter what the region or the season. It is available in premium (high quality performance), 2 – Up (double seater) and value (more affordable) ranges.
Polaris RANGER RZR® Side by Side: Polaris Ranger RZR® Side by Side is the only sport utility off-roader which is exclusively built for off-road activities. Polaris off-roaders deliver a razor sharp performance every time. There are four variants available: Only Trail (exclusively for hilly/mountain terrain), only Sport (for dune-surfing and riding in open spaces), only four Seat (world’s first four-seater Side by Side) and Only Xtreme (Premium performance under all conditions).
Snowmobiles: Polaris snowmobiles promise to generate much excitement in India. They are available in Adventure, Crossover, Performance, Deep Snow, Trail Luxury and Utility ranges.
Polaris Range of Multi Utility Vehicles: The range of off-road vehicles offered by Polaris is undoubtedly one of the best in the market. It is designed to perfection for providing the maximum power, durability, higher loading capacity and superior manoeuvrability. The easy to use, hardworking multi-utility range of vehicles by Polaris is built specially for extreme performance and sturdiness. They are used in various industries such as:
Defence & Police:
Polaris Military vehicles are the solution for easy movement of military personnel in tough off-road terrains like hills, forest, snow, water, marshy land, desert, rocky land etc. Built to match the tough working of the Defence and Police, reaching the unreachable, achieving the impossible has become easily attainable with the range of Polaris Vehicles. Polaris “Light Tactical Vehicles” are most suitable for anti-insurgency, anti-terrorist and anti-naxal operations for quick movement in guerrilla war operations.
Agriculture:
More ploughing power, tougher built, higher loading capacity, better manoeuvrability, and easy to handle, the agriculture range provides the option of achieving the maximum and best results for all farming needs.
Construction: The versatile, dependable and durable construction range helps in making the difficulties of construction easy. Designed for extreme conditions, these workhorses are available in a range of models to suit every requirement.
Tourism:

Explore the unexplored, create new possibilities and enjoy the beauty of nature with the maximum comfort provided by the tourism range of Polaris.
Forest Patrolling:
Ideally suited for deep jungles, marshy lands and rough terrain, Polaris range of vehicles will easily go in such areas. Forest Patrolling Range of Polaris will make sure that the journey is filled with possibilities and comfort.
Mining: Specialised designs, extreme power, higher loading capacity and easy to use Polaris Mining Range helps you in utilizing the available resources to give you maximum productivity with ease.
Adventure: Explore what few dare to explore, make the impossible possible, Experience the new definition of adventure created by the adventure range of Polaris.
Coastal Patrolling and Beach Rescue:
Safety sees a new high with the Polaris range of beach rescue vehicles, which dare to go into the marshy lands reaching out to the aid of the needy right on the spot, in a faster and more efficient way.
Ambulance Service:

The Ranger 6×6 800 modified ambulances are built with unmatched traction and capacity and have six wheels drives available on demand with simple switch. This is the ideal vehicle to move heavy loads over the harshest terrain. With an engine capacity of 760cc, this vehicle is perfect to manoeuvre on treacherous terrains as well as narrow strips, to supply medical help and assistance to places of difficulty. Polaris off-road ambulances are apt for supplying medical supervision in rural India and calamity stuck regions.

HMSI, Reliance General Insurance kick-start National Safety Week with a special initiative for school children

As a leading two-wheeler manufacturer, Honda Motorcycle and Scooter India Pvt Ltd (HMSI) – the Only Honda in Indian two-wheeler industry today announced the commencement of a special road safety initiative for kids during the National safety week, March 4-10, 2014.

According to a company statement, the inaugural activity was held at Ramjas International School, Pusa Road, New Delhi where students in the age group of 9-12 years were provided road safety education through innovative activities and practical training on specially imported Honda CRF 50-kids training bike making them learn the ‘fun way’. Uniquely designed kids helmets were also provided to kids which will help spread the awareness with greater impact and inspire parents and society at large to follow ethical road safety practices.
The event took place in the august presence of Prabhu Nagaraj – General Manager- Customer Service-HMSI, Rakesh Jain, CEO- Reliance General Insurance, Mr JC Pahuja, Education Coordinator- Ramjas Foundation and Ms Mohini Bindra- Principal- Ramjas International School, Pusa Road, New Delhi.
Honda believes that educating Young Minds on road safety is an effective way of spreading the message to the entire family. Their sincerity and willingness to learn and explore is unquestionable. Moreover, as the road users and 2wheeler riders of tomorrow, the objective is to educate them on how the Freedom of using roads comes with Responsibility – not just of self but also for other road users. This joint Road Safety Education Campaign in association with Reliance General Insurance will cover schools across North, West and Central regions of India.

Commenting on this unique initiative, Yadvinder S Guleria, Vice President- Sales and Marketing, HMSI said: “Road Safety is an important concern for Honda and we have been actively creating awareness and educating people since the inception of our operations in India. Recently we partnered with most famous kids character Chhota Bheem to reach out to families and society at large. We are happy to partner with Reliance General Insurance for the special initiative and wish for the success of this campaign”.
Rakesh Jain, CEO- Reliance General Insurance said: “As an insurance company we are into the business of managing risk. We want people to be safe while on the road by influencing their behavior towards road safety. Kids in particular do not wear helmet when they ride pillion on two wheelers. Therefore, our effort is towards making children aware on road safety. We are really happy to associate with Honda in this initiative as it would inculcate road safety awareness in kids and convert them into messengers of road safety”.
Globally, road safety promotion has been Honda’s top priorities worldwide since 1970. Under the “People Come First” philosophy, Honda follows Safety as an integral part of all its business activities. Honda is committed to make Safe Riding an everyday habit of two-wheeler riders and promotes Road Safety through ‘Lifetime Safety Education’ starting from five years young children to females, new riders and even big bike customers. Honda has already trained more than 40,000 people at its two traffic training parks in Jaipur and Delhi.
Reliance General Insurance Company Limited, subsidiary of Reliance Capital Limited, is one of India’s top private sector general insurance companies with a private sector market share of eight percent, in terms of gross written premium, of the private sector general insurance industry. The company has an asset under management of more than Rs 3,732 crore and an extensive distribution network of 127 offices and over 14,500 intermediaries (as on December 31, 2013). Reliance General Insurance offers an exhaustive and customized basket of insurance products that include motor, health, travel, student travel insurance etc. Reliance General is ranked amongst top 10 best BFSI brands in India as per prestigious BAV Insights 2013 survey by Rediffusion Y&R.

Harley-Davidson owners to storm Rajasthan from March 8-10, 2014 at Western HOG Ride

Rajasthan, the city of lakes is all set to play host to hundreds of Harley-Davidson owners and their families, as they converge from March 8-10, 2014 for the third edition of Western HOG Ride, the first such event in the state, according to a company statement. HOG or Harley-Davidson Owners Group, members from across all 13 chapters in the country will saddle their machines to embark on this one big ride. The last time, the region witnessed a roaring display of metal and chrome was when Dunes Harley-Davidson was kick-started in the Pink City of Jaipur, back in December 2013.

Over the course of two days in Udaipur, HOG members will actively participate in a host of fun filled and engaging activities such as burnouts, arm-wrestling and the very special HOG Custom Contest that invites entries from all members across India to find the best customised motorcycle across all platforms. There will a live band as well to ensure there is never a dull moment as the HOG members soak-in the spirit of brotherhood and camaraderie.
The year 2014 began with India HOG Rally as over 1,000 members from the 13 chapters in India took to the streets of Goa at the India Bike Week. This was one of the biggest riding spectacle that received a humungous response from HOG members and enthusiasts.
The Harley Owners Group in India encompasses the true spirit of brotherhood and camaraderie, something that Harley-Davidson is renowned for, world over. Zonal HOD rides are organised at regular intervals, for customers to meet, ride and experience adventure, self-expression and freedom of open roads.

Harley-Davidson India commenced operations in August 2009 and appointed its first dealership in July 2010. The Company offers 12 models in its line-up in India, in addition to a full range of genuine parts, accessories, and general merchandise, available through its authorized dealerships. Harley-Davidson India is headquartered at Gurgaon, Haryana, and has an assembly unit at Bawal, Haryana. The company has 13 dealerships across India: New Delhi, Chandigarh, Mumbai, Hyderabad, Bangalore, Chennai, Kochi, Kolkata, Ahmedabad, Indore, Pune, Goa and Jaipur. For more information, visit the Harley-Davidson India web site at http://www.harley-davidson.in, Facebook page and YouTube pages.
Founded in 1983, the Harley Owners Group is the official riding club of the Harley-Davidson Motor Company. HOG currently has more than one million members and over 1,400 chapters worldwide, making it the largest factory-sponsored motorcycle organisation in the world. HOG rallies are held around the globe to celebrate Harley-Davidson motorcycle riding. For more information about HOG log onto hog.com.
Harley-Davidson Motor Company produces custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. For more information, visit Harley-Davidson’s website at h-d.com.

Yamaha India posts 32.5 percent sales at 42,584 units in February 2014

The Japanese two-wheeler major Yamaha Motor India has posted a sales of 32.5 percent at 42,548 units in February 2014 in comparisonn with 32,097 vehicles sold in the year ago period. According to a company statement, continuing with its upward sales growth trend, the company had logged a growth of 32.5 percent sales in February this year. During the recently concluded Auto Expo 2014 – Motor Show, Yamaha launched a new product. This, along with innovative on-goinng customer centric initiatives did the trick in boosting its sales to an all new level.

Speaking on the results Roy Kurian, Vice President – Sales & Marketing, Yamaha Motor India Sales said: “This month has been very good for us with a lot of positive developments happening in the industry as well as at the company’s front. We launched our latest family oriented 113 cc automatic scooter – ‘Alpha’ at the Auto Expo this time. The FM’s announcement on the excise duty cut was another highlight last month which is expected to give the auto industry the much needed push in the coming months. Our robust results in the domestic market can be attributed to our strong product portfolio including the FZ & SZ series, Ray and Ray Z, and also our new family scooter – ‘Alpha’ which has been very positively received in the market. We shall continue with our endeavors to delight our customers through many new as well as existing customer engagement programes”.
In April 2013, India Yamaha Motor Pvt. Ltd established a separate division, Yamaha Motor India Sales Private Ltd (YMIS) to cater to Company’s sales and marketing needs and function independently. Currently, its products in India are Fazer (153cc), FZ-S (153cc), FZ (153cc), SZ-X, SZ-R & SZ-RR (153cc), YZF-R15 Version 2.0 (150cc), SS125 (123cc), YBR 125 (123cc), YBR 110 (106cc), Crux (106cc) and Ray (113cc), Ray Z (113 cc) and Alpha(113 cc) Scooters. Its import portfolio includes VMAX (1,679cc), YZF-R1 (998cc) and FZ1 (998cc).

Rahul Bajaj receives Rotary Life Time Achievement Award in Leadership Excellence

Leading industrialist, Rahul Bajaj, Chairman of Bajaj Auto Limited is the proud winner of Lifetime Achievement Award, conferred by Rotary International at the Rotary District 3131 Conference 2014. According to the statement issued by Rotary International, the ‘Rotary Life-Time Achievement Award in Leadership Excellence’ is a coveted recognition from Rotary International, which is given to extra-ordinary achievers from across the globe.

(L-R) PDG Rotarian Mukesh Arneja, Rotary International President’s Representative, Padma Vibhushan Dr Ragunath Mashelkar, DG Dr Deepak Shikarpur, District Governor.
Rahul was presented with the award by Padmavibhushan Dr RA Mashelkar in the presence of District Governor, Dr Deepak Shikarpur and Rotary International President Representative, Mukesh Arneja from Delhi. On accepting the honour, Rahul said: ‘It is indeed a great honour to be bestowed with this prestigious award by the Rotary International’. On the occasion, Rahul addressed the Rotarians on ‘The Way Forward for the Indian economy’ and presented many of his insights on the subject.
Rahul was the only person felicitated with the Life-time Achievement Award in the year 2013-14 Conference, in recognition of his distinguished business, philanthropic and academic contributions in India over the years, noted the statement. Rahul is recognised as one of the most successful business leaders of India. He heads the Bajaj Group of companies, which is a leader in a variety of manufactured products and financial services in India and abroad.
CSR efforts
The industrialist has also  been  instrumental  in spear-heading  the CSR initiatives  of the Bajaj  Group which include the Jamnalal Bajaj Foundation, Shiksha Mandal and a number of social organisations including the Bharatiya Yuva Shakti Trust and Ruby Hall Clinic, a large hospital in Pune as their Chairman.
What is more, Rahul has received many prestigious awards and recognitions, notable being the award of ‘Padma Bhushan’ by the Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst & Young and CNBC TV18. In fact, Rahul was appointed Knight in the Order of the Legion of Honour by the President of the French Republic. Rotary International is a world-wide organisation of business and professional leaders that provides humanitarian service, encourages high ethical standards in all vocations, and helps build goodwill and peace in the world.   An estimated 1.2 million  Rotarians  belonging  to more  than  31,000  Rotary  clubs are  located  in over  167  countries.  Rotary International District 3131 is spread over two revenue districts of Maharashtra, Pune and Raigad. There are 100 Rotary Clubs in this region with a membership of more than 4,000 Rotarians.

Auto Expo 2014: All new TVS StaR City+ 110 cc motorcycle launched

TVS Motor Company is showcasing its all new TVS StaR City+ 110cc motorcycle at the ongoing Autoexpo at Greater Noida. Chisled and muscular ‘flow motion styling’ best describes the all new TVS StaR City+. This new motorcycle takes it roots from the legendary TVS StaR brand that already has a strong consumer base of more than four million consumers.

The completely new, break away styling exudes a definitive road presence, endorsing the concept: style never goes out of style! The dynamic styling of the new TVS StaR City+ integrates seamlessly with its advanced 110 cc eco-thrust engine to deliver an unparalleled ride experience.  Added features like a digital speedometer, up class control and switches, hi intensity head lamp, high comfort seat and stylish aluminum grab rail sets the TVS StaR City+ apart, according to a company statement.

While speaking on the occasion, Arun Siddarth, General Manager, Motorcycles, TVS Motor Co said: “This is all new motorcycle in the cc segment. We have focused on a stylish design which will appeal to the target customer. There are several new features that have been introduced like a digital speedometer soft touch grips, service indicator, among other. This bike is fitted with an ecothurst engine, which essentially gives the rider the benefit of fuel economy along with power. We believe, it is surely a value for money product”. This motorcycle is expected to be launched in next three to four months.

Auto Expo 2014: Vardenchi and Moto Morini to launch Granpasso and Scrambler motorcycles

Through a journey that has panned the last eight years, it has been the vision of Vardenchi to launch the first Indian ultra premium motorcycle. A pivotal milestone on the path to this vision has arrived.

At the Auto expo 2014, Vardenchi will unveil the first concept of this model, designed and developed on the Italian motorcycle brand Motomorini’s 1200 cc Engine platform. Venue: India Expo Mart, Hall No: 6, Greater Noida, Delhi. Date: February 6, 2014.

Assam Gramin Vikash Bank to retail finance Honda Motorcycle and Scooter India’s two-wheelers

Honda Motorcycle & Scooter India (HMSI), the second largest two-wheeler Company in India today announced its new retail finance tie-up with Assam Gramin Vikash Bank, the largest Regional Rural Bank in North East at a special event in Guwahati, according to a statement issued by the Japanese two-wheeler major.

HMSI has already associated with Co-operative, Gramin and Non-Banking financial institutions in Punjab, Rajasthan, Uttar Pradesh & West Bengal for providing two-wheeler retail finance facility at state and PAN India level. This announcement marks an important step towards making Honda’s two-wheelers more easily accessible to its valued customers as Assam Gramin Vikash Bank is operational in all of Assam with it’s 388 branches which is sponsored by United bank of India.
With this partnership, customers across all towns/Village where the bank has its network can avail many attractive value-ads. These benefits include daily reducing interest rates, minimum processing fee and hassle free loan with nil documentation. Through this partnership, buyers can avail loan amount of upto 80 percent of Honda’s two-wheeler.
On the partnership, Shio Shankar Singh, Chairman, Assam Gramin Vikash Bank said: “We are really happy to partner with Honda Motorcycle & Scooter India Pvt. Ltd. With our wide network we believe customers across Assam will immensely benefit and would be able to avail Honda’s extensive and world class product portfolio. It is our continuous effort to make convenient, the availability of finance to the people and with Honda’s partnership we believe we would be able to help people in buying their choice of Honda two-wheeler”.
Speaking on this alliance, YS Guleria, Vice President, Sales and Marketing, HMSI said: “Honda is always working to offer its customers with best value products and services. Today we are privileged to partner with the largest Regional Rural Bank in North East, Assam Gramin Vikash Bank to make two-wheeler buying for its customers more accessible and convenient. We are sure that with the Bank’s wide network we will be able to reach out to more and more customers in Assam and provide them an opportunity to experience high quality Honda products”.
North East market

Backed by the overwhelming trust of customers, Honda has consolidated its position as the ‘Fastest Growing two-wheeler company in both North East and pan-India. While two-wheeler industry in North East has grown at moderate pace of 15 percent, Honda has grown by an overwhelming 29 percent in April-December’2014 period (YoY basis).

TVS Motor Company posts a sales growth of 13% at Rs 1802.61 crore in Q3 2013

TVS Motor Company announced an increase in revenue for the quarter ended December 2013. Sales revenue grew from Rs 1,802.61 crore in the quarter ended December 2012 to Rs 2034.71 crore in the quarter ended December 2013, according to a company statement.

Profit before tax during the quarter under review, grew by 39 percent from Rs 67 crore recorded in the quarter ended December 2012 to Rs 93.16 crore in the quarter ended December 2013. Profit after tax during the quarter under review, grew by 31percent from Rs 52.45 crore recorded in the quarter ended December 2012 to Rs 68.80 crore in the quarter ended December 2013.
Two-wheeler sales
During the quarter under review, total two-wheeler sales of the Company grew from 5.03 lakh units in the third quarter of the previous year to 5.12 lakh units in the quarter ended December 2013. Motorcycle sales grew from 1.97 lakh units in the quarter ended December 2012 to 2.07 lakh units in the quarter ended December 2013. Scooter sales grew from 1.12 lakh units in the quarter ended December 2012 to 1.23 lakh units in the quarter ended December 2013.
Two-wheeler exports
Two wheeler exports registered 22 percent growth with sales increasing from 0.50 lakh units in the quarter ended December 2012 to 0.61 lakh units in the quarter ended December 2013.
Three-wheeler growth
Three wheeler sales during the quarter grew by 52 percent from 13,602 units in the quarter ended December 2012 to 20,701 units in the quarter ended December 2013.
Accolades
The recently launched TVS Jupiter has won several accolades from leading media houses including ‘Scooter of the Year’ at the NDTV Car & Bike Awards 2014, BBC Topgear Magazine Awards 2014 and at Car India Bike India Awards 2014. TVS Jupiter also won the ‘Viewer’s Choice Award – Two Wheeler’ at the NDTV Car & Bike Awards 2014.