From Retro to Electric: Classic Legends Plans Bold Moves by FY26

From Retro to Electric: Classic Legends Plans Bold Moves by FY26

6 months ago | 5 Views

Classic Legends, which markets motorcycles under names like Jawa, Yezdi, and BSA, has stated that it intends to boost sales in the Indian market. The firm that introduced the new Yezdi Adventure in the nation on Wednesday at a price of ₹2.15 lakh (ex-showroom) has stated that it intends to double its sales in the Indian market and also wants to export its motorcycles to specific international markets during this fiscal year. Additionally, it intends to join the market for electric motorcycles.

The two-wheeler company announced that it is prepared to offer electric motorcycles. Nevertheless, at least in the beginning, it is most likely to be offered for sale in the global markets. The co-founder of PTI, Anupam Thareja, has stated that the sales of electric motorcycles in the Indian market are not outside of the company's plan, but rather will be contingent upon the development of the infrastructure for charging electric vehicles in the country.

Classic Legends aims to expand distribution to 500 dealers; sell  internationally in FY26 - The Economic Times

Additionally, the report said that the business is planning to expand its dealer network throughout India in order to increase sales volume, and that an international market presence is also in the works. In an official statement, the business stated that by the holiday season of this year, Classic Legens hopes to have 500 touchpoints as part of a bold expansion plan for its dealership and distribution network. At present, the firm has over 300 touch points throughout the nation. In terms of international markets, the business initially intends to sell its motorcycles in seven nations: Australia, New Zealand, Japan, West Asia, the UK, the USA, and Mexico.

Over the past two financial years, Classic Legends' yearly sales have been in a steady decline. The number of cars the manufacturer sold fell from over 44,000 in FY23 to 36,680 in FY24. In the previous fiscal year, FY25, Classic Legends' sales fell even more, to 32,430 units.

Read Also: Maruti Suzuki Boosts Solar Power with New Installations at Kharkhoda and Manesar Plants – Details Inside

Get the latest Bollywood entertainment news, trending celebrity news, latest celebrity news, new movie reviews, latest entertainment news, latest Bollywood news, and Bollywood celebrity fashion & style updates!

HOW DID YOU LIKE THIS ARTICLE? CHOOSE YOUR EMOTICON!

#