subject: Scooter India Limited to soon make an entry to Indian Auto market with its stake holders [print this page] Scooter India Limited to soon make an entry to Indian Auto market with its stake holders
After a long time break, Scooter in India would be seen running on the Indian roads once again with completely new and impressive looks by the Scooter India Limited (SIL). Inspite of a low demand for scooters in the Indian two wheeler market, stakes are increasing and the first to become a stake holder of the scooter company is Sonlika Group of Industries. With this also the most famous and ever liked Mahindra and Mahindra showed interset in the stakes of the Scooter India Limited acquiring an accountable number of shares from the company. The new scooter are expected to come with unique designs and outstanding technology. But as the Indian two wheeler market is bike dominated, it will be a tough task for the new scooters to acquire a position and to make a proper stand in the market. Not very good response for the scooters could be expected from the Indian customers who are bike enthusiasts and are the lovers of speed and style together. Stay tuned with us to know more about the Scooters in India. Press Release : Sonalika Group chairman L D Mittal said "It is still at an initial stage, so I can't say how much we will pick up. But yes we are examining the options," Mahindra's auto division spokesperson Mohan Nair said," as a matter of company policy, we do not comment on speculation."
Press Release : Sonalika Group chairman L D Mittal said "It is still at an initial stage, so I can't say how much we will pick up. But yes we are examining the options," Mahindra's auto division spokesperson Mohan Nair said," as a matter of company policy, we do not comment on speculation."
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