If emerging reports on the web are to be believed, Triumph Motorcycle, Britain's largest motorcycle manufacturer, has increased the prices of its model range in India by up to ₹1 lakh.
A recent report of Rushlane claimed that the prices of Triumph models except the newly debuted Tiger 800 XCx and XRx have gone up by up to ₹1 lakh in the country. Although the reason for the price hike is not known yet, considering the market condition, it would be safe to assume that the hike is to offset the impact of increasing input cost.
Triumph, which is in its expansion mode in the country, offers a whole range of motorcycles from roadsters to cruisers to adventure off-road models. The company currently has 10 dealerships across the country and is planning to expand its network in the coming months.
Triumph kick-started its journey in India back in November 2013 with the introduction of 10 models priced between ₹5.7 lakh and ₹20 lakh (ex-showroom). Triumph Motorcycle's model range for India includes Bonneville and Bonneville T100, Speed Triple and Street Triple, Daytona 675R supersports bike, Thruxton café racer, Tiger 800XC and Tiger Explorer adventure bikes, Thunderbird Storm, Thunderbird LT and the 2,300cc Rocket III Roadster.
Going by the report, the Bonneville and Bonneville T100 have now been priced at ₹5,99,000 and ₹6,97,610 respectively (ex-showroom, Delhi) and the models like Thruxton, Street Triple and Daytona 675 ABS are now priced at ₹7,18,290, ₹7,91,080 and ₹10,69,000. The price of Triumph Rocket III is now believed to be at ₹21,29,560.