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MOTORINDIA
l
August 2012
forced both the established players and the new entrants
to rework their strategy. However, Mr. Chopra is confi-
dent that the industry will be quick to bounce back.
“I see the slowdown as a temporary phase.
Though the first half of 2012 has been chal-
lenging, the next two months, being a
pre-festival period, the market will re-
vive and volumes will gain growth
momentum”.
Piaggio has been a dominant
force in the three-wheeler car-
go segment. While the pace of
growth is slower than in the
previous years, the segment
is likely to push ahead. In the
three-wheeler passenger trans-
port, Piaggio is a leading player in
the feeder-line segment and has also
grown strongly in rural markets. The com-
pany is also strong when it comes to diesel
vehicles and is working on the obvi-
ous next step of bringing out petrol,
An inside view of the Baramati plant
vehicle zone (cover story)