Triumph Pulls Out Rs. 850 Crore Investment in Karnataka, Moves to Manesar
Sameer Contractor
1 min read
Jun 20, 2016, 11:16 PM
Key Highlights
- Triumph planned to invest Rs. 850 crore in Karnataka for a plant
- Triumph even paid an initial amount to the state government for the land
- Triumph has moved its operations to Manesar
Due to the state government's uncooperative approach, Triumph Motorcycles India decided to pull out its investment from the state of Karnataka and is in the process of receiving a refund for the initial amount paid to the state. The British bike maker had initially planned to build a manufacturing facility in the Kolar district of Karnataka at an investment of Rs. 850 crore. Despite several reminders, the state government did not respond to Triumph's grievances regarding commencing operations; which prompted the company to move its operations to Manesar that has been more welcoming in comparison.
Triumph's proposed bike manufacturing facility in Kolar was said to spread over a 30-acre plot in Narasapura Industrial area. The production plant was said to have an initial manufacturing capacity of 2,50,000 high-performance motorcycles per year. The move would have created employment opportunities for thousands in the area.
An amount (undisclosed) was also paid as advance to the Karnataka Industrial Areas Development Board (KIADB) towards land acquisition and allotment. The project did receive the necessary clearances way back in 2012, much before the British bike maker's commencement of commercial operations, but did not move further due to the land-related issues.
However, given the lacklustre approach of the state government towards sorting out issues, Triumph decided to pull out its investment altogether and has asked for a refund of the initial investment. It has been reported that the state government has an equally sluggish approach towards the returning the refund amount. Carandbike.com got in touch with Triumph India, but the company refused to comment on the matter.
Manesar, on the other hand, has turned out to be one of the go-to option for auto manufacturers given the ease of doing business in the region. Tamil Nadu too has been proactive in handing out clearances and land to auto companies with Ford, Renault-Nissan and Hyundai handling their domestic and export operations from the state. With Andhra Pradesh and the newly formed Telangana also wooing manufacturers, the pull out certainly is a huge opportunity lost for Karnataka, especially with reports suggesting that four more investors have chosen to pull out of the state in recent times.
Having arrived in India in 2014, Triumph has been one of the most aggressive players in the premium motorcycle segment and is eyeing the numero uno position in terms of sales. At the 2016 Auto Expo this year, the company introduced the new Bonneville range that has been highly appreciated by enthusiasts, while the Thruxton R was launched earlier this month in the country. The company's next launch for India will be the updated Tiger Explorer series that will be introduced around the festive season.
Source: ETAuto.com
Triumph's proposed bike manufacturing facility in Kolar was said to spread over a 30-acre plot in Narasapura Industrial area. The production plant was said to have an initial manufacturing capacity of 2,50,000 high-performance motorcycles per year. The move would have created employment opportunities for thousands in the area.
Triumph India Head Vimal Sumbly on the new Thruxton R
However, given the lacklustre approach of the state government towards sorting out issues, Triumph decided to pull out its investment altogether and has asked for a refund of the initial investment. It has been reported that the state government has an equally sluggish approach towards the returning the refund amount. Carandbike.com got in touch with Triumph India, but the company refused to comment on the matter.
Manesar, on the other hand, has turned out to be one of the go-to option for auto manufacturers given the ease of doing business in the region. Tamil Nadu too has been proactive in handing out clearances and land to auto companies with Ford, Renault-Nissan and Hyundai handling their domestic and export operations from the state. With Andhra Pradesh and the newly formed Telangana also wooing manufacturers, the pull out certainly is a huge opportunity lost for Karnataka, especially with reports suggesting that four more investors have chosen to pull out of the state in recent times.
Triumph's next launches in India will be the 2016 Tiger Explorer series
Source: ETAuto.com
Related News
Research More on Triumph Street Twin
7.5/10
*Ex-Showroom Price
₹ 8.39 - 8.53 Lakh
Popular Triumph Models
Latest Cars
Upcoming Cars
Latest News
car&bike Team | May 25, 2026Triumph Street Triple 765 RX Launched At Rs. 13.91 LakhThe Street Triple 765 RX is a track-focussed limited-edition weapon which gets premium hardware and sportier ergonomics.1 min read
car&bike Team | May 25, 2026Ultraviolette X-47 New Base Variant Launched At ₹ 2.49 LakhWith Ultraviolette’s Hypersense radar technology given a skip for the new base variant, the X-47 is now more affordable and appealing to riders who seek a simpler, less tech-heavy experience.1 min read
Jaiveer Mehra | May 25, 20262026 Mercedes-Benz S-Class Facelift India Launch On June 15; Will Get PHEV OptionThe facelifted S-class made its global debut in January this year with upgrades to the powertrains and tech.1 min read
car&bike Team | May 25, 2026Royal Enfield Considering CKD Assembly Plant In MexicoWith Mexico recently raising import tariffs on motorcycles, Royal Enfield is reportedly evaluating options whether a new CKD assembly facility is required.1 min read
car&bike Team | May 25, 2026Honda ADV 160 Design Patented In IndiaIf launched, the adventure-style maxi-scooter could rival the Yamaha Aerox 155 and Hero Xoom 160.2 mins read
car&bike Team | May 25, 2026MG Majestor Production Commences Ahead Of LaunchPrices for the Majestor are yet to be announced.2 mins read
Bilal Firfiray | May 25, 2026Renault Duster 1.3 Turbo DCT Road Test Review: The Solid Middle GroundMarking its return, the Renault Duster offers a strong ride quality, a refined 1.3 turbo-petrol engine, balanced handling and lot more impressive cabin. Should you buy it though?5 mins read
Preetam Bora | May 23, 20262026 Harley-Davidson X440T Road Test Review: Did Harley Just Fix Everything?We spent a few days with the Harley-Davidson X440T to understand if Harley-Davidson India has managed to fix all the shortcomings of the standard X440!1 min read
Janak Sorap | May 20, 2026Norton Manx R First Ride Review: Brit Superbike Killer?The Norton Manx R is not just another 200 bhp superbike chasing lap times — it is a motorcycle that tries to bring character, exclusivity and real-world usability back into the superbike experience.8 mins read
car&bike Team | May 20, 2026Axor Brutale Surges Dual Spoiler Helmet Review: Best Of Both WorldsThe Axor Brutale Surges Dual Spoiler Helmet promises a strong mix of everyday comfort and track-focused safety. But does it? Let's find out.5 mins read
Preetam Bora | May 11, 20262026 Suzuki Burgman Street 125 Review: What’s Good, What’s Not?The new Suzuki Burgman Street 125 gets refreshed design, minor but meaningful tweaks to the engine, a stiffened chassis, new features and more. But is it worth recommending? Read on, to find out.8 mins read