Polaris Industries a record fourth quarter ended Dec. 31, 2013, with sales revenue of $1.08 billion and a net income of $108.7 million. While off-road vehicles represent the bulk of Polaris’ business, its motorcycle operations saw a 94% increase in fourth quarter sales, thanks to strong demand for Victory Motorcycles and the addition of new […]
Polaris to Launch Victory in India
Polaris plans to bring its Victory Motorcycles brand to India by the end of the year, says Pankaj Dubey, managing director of Polaris India.
“Yes we have decided to launch in the market by the end of 2013,” Dubey tells the Press Trust of India.
The American company entered the Indian market in 2012 at the New Delhi Auto Expo. Polaris displayed a Victory Vision at the Expo, but the launch was primarily focused on the company’s off-road product lines. Polaris ATVs and UTVs have since been available at Indian dealerships and the company now appears ready to introduce its motorcycles.
Dubey did not provide details on what Victory models will be sold in India, but IndianCarsBikes.in reports Polaris will import them as completely built units rather than as complete knock down kits for final assembly. This would result in higher prices, as Polaris would pay higher import tariffs.