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Ducati Motor Holding Launches in the Indian Market
New Delhi (India) 7 May 2008 –
Ducati Motor Holding held a press conference today
to announce its official entry to the Indian motorcycle
market- a country with significant potential for growth
in the motorcycle sector.
The 2007 MotoGP World Champion manufacturer’s
entry to the young and exponentially growing Indian
market was announced today by Ducati CEO Gabriele
Del Torchio during a meeting with representatives
of the international press at the Oberoi Hotel in
New Delhi.
The vast opportunities offered by the Indian market
have led Ducati to begin a long-term partnership agreement
with Precision Motor India Private Limited as the
exclusive importer of Ducati motorcycles in India.
Precision Motor India is an established company which
represents prestigious brands in India; including
Porsche, Audi, Fendi and Dolce&Gabbana. The Ducati
brand; which is synonymous with racing success, innovative
technology, and the highest quality standards is a
perfect addition to the premium brands Precision Motor
India currently represents. The partnership promises
to strengthen significantly over time thanks to a
marketing plan that provides for gradual penetration
of the Indian market.
The signing of the partnership agreement is the first
step towards a fruitful relationship between the two
companies. Over the next few months, a detailed launch
strategy will be developed by Ducati and Precision
Motor India for this demanding new market.
“We love India, this city in particular, and
we are very thankful to have had the opportunity to
hold this press conference in New Delhi” said
Gabriele Del Torchio during the press conference “A
warm welcome also to the people here from Precision
Motor India – our Indian importer. We strongly
believe that the Indian fast growing market is of
a strategic importance, we’ll do our best to
consolidate our presence and to capitalize on the
huge opportunities this country can offer”
“The passion that I have for this glorious
marquee” added Ashish Chordia, Chairman and
CEO of Precision Motor India Private Limited, “is
both a source of pride and a stimulation to promote
and develop Ducati’s entry into the Indian market.
I am honoured by this partnership and I am sure that
Ducati will also have a great future in this country.”
Founded in 1926, Ducati builds racing-inspired motorcycles
characterized by unique engine features, innovative
design, advanced engineering and overall technical
excellence. The company produces motorcycles in six
market segments which vary in their technical and
design features and intended customers: Superbike,
Desmosedici RR, Monster, Multistrada, SportClassic
and Hypermotard. The company’s motorcycles are
sold in more than 60 countries worldwide, with a primary
focus in the Western European, Japan and North American
markets. Ducati has won fourteen of the last seventeen
World Superbike Championship titles and more individual
victories than the competition put together. Since
2003 it has also taken part in the MotoGP World Championship
and in 2007 it won both the Constructors’ and
Riders’ world titles. For more information about
the Company, please visit our web site at http://www.ducati.com
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