The two wheeler segment is seeing a lot of evolvement whose credit goes to all the companies including those which have entered the two wheeler business and are doing well in the four wheeler sector as well. Bajaj, Suzuki , Mahindra & Mahindra, Honda are a few names which have given this market a new name and are still contributing for its further advancement.
LML(Lohia Machinery Limited) Vespa was one of the emerging two wheeler makers at the time when Bajaj Chetak & Super used to be the only personal vehicles, but soon phased out of the market as every other maker switched to better two wheelers now called as Motorcycles.
A while back we informed about the plans of Piaggio to bring the brand Vespa back in India and the latest news has turned the plan into a reality. Vespa is planning to set up a plant in Maharashtra worth $38 million for manufacturing the Vespa LX125 which it wishes to sell in India initially.
The company seeks the same level of interest and love for the new LX-125 as it experienced in its early years in the Indian automobile market and we do hope for the same.