Benelli, an Italian Motorcycle Manufacturing Company, signed an MoU with Govt of Telangana to set up Indigenous Manufacturing Plant in the State. The Italian motorcycle brand, owned by China-based QianJiang Group, also entered into a strategic partnership with Adishwar Auto Ride India-Mahavir Group to market its product in India.
The MoU was signed in the presence of Minister for Industry & Commerce, Municipal Administration & Urban Development, ITE&C, Mines, Handlooms & Textiles, NRI Affairs KTR in Hyderabad.
The partnerships were announced by the officials of Benelli, Telangana government and Adishwar Auto Ride India-Mahavir Group at an event here.
The manufacturing facility will be set up in two phases at Pochampally. The first phase, spread over 3 acre, will be executed through Adishwar Auto Ride India-Mahavir Group and will be operational by October 2018. The second phase will be a large setup that will span over 20 acre.
Established in 1911, Benelli is one of the oldest Italian Motorcycle Manufacturer and has presence in 60 countries including America, Africa, Europe and Asia Pacific regions.
