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UM Motorcycles & Lohia Auto Sign JV; to Develop up to 500cc Bikes
Vikas Yogi
Sep 29, 2014, 10:42 PM
Initially, the company will launch affordable cruisers in the 300-500cc range and intends to enter other segments at a later stage. To make these bikes affordable, the company is aiming to achieve up to 70% localisation level.
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