LUXURY BIKES

is planning to introduce its high-end Motorrad motorcycles in the country. Peter Kronschnabl, President of BMW India, said that the company is currently analysing the market situation and will take a decision depending on whether or not it is a viable option to bring its luxury bikes to India. Motorrad bikes will be priced at over Rs 10 lakh. At present, the premium bike market in the country is limited to 500 units, but there is a good chance that it will grow in the future. Superbike models that already have a presence in India include the Suzuki Hayabusa, Honda’s 1000RR Fireblade and CBR 1000R and Yamaha’s MT01 and R1.