Mahindra to launch Mojo, revamped Stallio

Mahindra 2 Wheelers, part of the Mahindra Group, will relaunch Stallio, its 110 cc motorcycle this fiscal, and follow it up with Mojo, a 300 CC motorcycle.

“We expect to roll out Stallio very soon. This would be followed by the launch of Mojo next year,” said Viren Popli, senior VP - marketing & sales, Mahindra Two Wheelers.

Mahindra launched Stallio in 2010 but discontinued its production in February this year, following complaints from customers. The company admitted that certain parts of the bike required fine-tuning.

The company on Monday launched Duro DZ, a 125 cc scooter, in Andhra Pradesh and Kerala markets. With a design based on customer feedback, the company said, it would suit Indian roads. Duro will have compete with the likes of Activa, Aviator and Access in the segment.

The company has a manufacturing capacity of one million units per year and uses about 30 per cent of it. “We would ramp up the production based on the market response,” said Popli, adding that the company had about eight per cent market share in the two-wheeler segment, which is estimated to be 3,00,000 units a month and growing at around 20 per cent. It is exploring export opportunities for Duro.