UM India to produce 1 lakh two-wheelers by next year
The Dollar Business Bureau
Motorbike manufacturer UM India is expecting to roll out one lakh two-wheelers by next year by doubling their production capacity from their plant based in Uttarakhand, said UM India CEO Rajiv Mishra while inaugurating the company's first dealership outlet in Madhya Pradesh.
According to Mishra, the manufacturing unit situated in Kashipur has the annual capacity to produce 50,000 motorbikes. Their plan is to increase the manufacturing and take it to 1,00,000 by September-October next year.
UM India is the Indian arm of US-based UM International which has begun its operations of sale and delivery in the country this year.
The company has presently received the order of delivering 5,000 motorcycles for which it has roped in 50 dealers, of which 42 have started business.