The number of foreign investments are having a rise in India. UM Motorcycles is planning to start the 10 millions USD worth of project in India not only UM but also Lohia Auto going to join on this process.
Next fifteen to eighteen months they may start this project and already they gathered the necessary things from across the world. They like to sell their bikes throughout the country as a result we can find the heavy competition between all other similar companies. Almost all the materials they are planning to import.
The initial investment is not yet finalized so within three months we can hear the news about it. We can find the Renegade models on their showroom that starts from 1.49 lakhs ($2,240), by next year they are planning to launch new models in market, already many people are excited to use and buy it.
