Ultra Motor reveals it’s plans for India
Ultra Motor Company(UMC) has re-affirmed it's milestones for the Indian market. After successful achieving it's goals in FY07-08 the company has set a growth target of over 50% for FY08-09. The global electric vehicle company is also planning to have 180 dealerships across the India by end of March this year.
Additionally, the company is also looking forward to associations with BTL agencies to enter the semi-urban markets as a part of it's marketing strategy for FY10. UMC is planning to augment numerous BTL initiatives to support it's distribution network and increase organic growth.
According to Joe Santana, Chairman, UMC, UK, India is one of the largest two-wheeler markets in the world and hence continues to be one of the most important markets for them. Santana also said that the company will remain focused on their plans for the Indian market and are committed to grow in the electric two-wheeler market in India.
The UK-based company currently sells electric scooters for both the high speed and high range category of electric two-wheelers in India. UMC has already established the range of 'Ultra Motors' electric scooters with over 160 dealerships across 17 states.
[Via: Bike]