Mahindra two-wheelers has inaugurated its third largest two- wheeler R&D facility in India. They have also revealed their future plans for better two-wheelers and has announced the developments at the R&D centre. In next three weeks the company is going to launch the Mahindra Rodeo RZ 125cc power scooter in South India and within the next 12 months it will be launching three new motorcycles in the market. The Stallio will be launched before the festive season whereas Mojo will be launched in January-March 2013.
Anand Mahindra nd Anoop Mathur, presented at the event said, “We are on target to achieve revenue of Rs. 20,000 crore by 2020. Mahindra 2-Wheelers has filed 12 patents along with recruiting 200 new engineers, 110cc and 300cc engines near completion. The most important development is the Duro micro-hybrid, which will boast of higher fuel efficiency than normal scooters and is also the first scooter with Micro Hybrid technology. Mahindra has invested Rs. 100 crore already in its 2-Wheeler division and plans to invest another Rs. 500 crore in the next 5 years”.
The R&D canter has been designed like a house studio as we have detailed in our previous article. Mahindra does not want to be left behind in the highly competitive two-wheeler market and also showing commitment by investing into future technology.