DSK Motowheels - A 400Cr Manufacturing Plant is on Cards!!
Snapshot: DSK Motowheels, going further with the motorcycling passion!!
DSK Group is one of India's best stories of exemplary growth in business, revenues and stature. A multifaceted, multi- million dollar business empire, headed by the dynamic Mr. D. S. Kulkarni. After its inception in 1970 with Tele Smell, a humble but innovative business of scented telephone service, the group entered the construction sector in 1981 and finally evolved into a Public giant as D.S. Kulkarni Developers Ltd. in 1993. In due course of time the group has diversified in various other business sectors, such as Automobile, Information Technology, Education and High-end Professional Courses, Pharmaceuticals, Hospitality, Tours & Travels, Banking & Dairy sector and International film production. More than 5,00,000 customers from all across the nation have expressed their trust in the DSK Group.
Now, ET Auto has reported that, DSK Group, is planning to set up a full fledged manufacturing unit near Pune. Talking to the publication, Mr. Shivapada Ray, Chief Operating Officer, DSK Motowheels, revealed that the new plant will come up very close to the existing assembly unit near Pune and would be capable of producing 1,20,000 units per annum with one shift. He also added the plant will be operational in two years.
DSK currently has tie-ups with two international motorcycle brands – Hyosung and Benelli – to assemble and sell their respective products in India. With a new manufacturing plant, the joint ventures could be taken a new level wherein India could act as a new manufacturing base for the brands. Mr. Ray stated that the existing assembly unit has an annual capacity of 3,000 units on a single shift which can be extended to 5,000 units by adding another shift, so there won’t be any capacity constraints for at least another year. The newly formed DSK-Benelli partnership is close to commencing its operations in India with 9 initial dealerships and 5 locally assembled products – Benelli BN302, 600 GT, 600i, TNT 899 and TNT 1130.