Vespa to Set Up Plant at Baramati

Iconic Italian scooter brand Vespa is coming to town all guns blazing by setting up a manufacturing facility at Baramati in Pune district Varad More Iconic Italian scooter company Vespa announced its return to the Indian market after a 13-year hiatus,at the 2012 Auto Expo.Now the company has taken the next step,and set up a plant in India.The new facility located at Baramati near Pune boasts production capacity of 1,50,000 units with a total investment of over Rs 200 crore in its first phase.Piaggio Group,the parent company of Vespa is bullish about the re-entry of the cult scooters in the Indian market that offers immense potential for non-geared two-wheelers.The company plans to expand capacity to 3,00,000 within the first six months depending on demand. The first Vespa model to hit the Indian roads will be the LX125 scooter,which was unveiled for the first time at the Times Mumbai International Motor Show in 2011.The Vespa LX125 is a premium range scooter powered by a 125cc 4-stroke single-cylinder engine pumping out 10PS at 7,500rpm and 9.6Nm of torque peaking at 7,250rpm.Paying tribute to the classic 1946 Vespa design,the LX125 might get a new name for India,but it certainly will feature trademark Vespa retro design.