MoneyWorks4Me

Scooters India scouting options to launch new products

12 Dec 2011 Evaluate

Scooters India, public sector auto maker is scouting options to launch new products, to cater into various market segments with a view to higher production and sales. The company is planning new launches even as it has incurred losses for over nine years.

Scooters India is a Lucknow-based automobile firm that designs, develops, produces and sells a range of three-wheelers. It is known for manufacturing the Lambretta scooters, popular in late 1970s and 1980s.

Peers
Company Name CMP
Bajaj Auto 10363.05
TVS Motor Company 4026.40
Hero MotoCorp 5200.50
Eicher Motors 7238.00
OLA Electric Mobilit 35.17
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