Financial Times FT.com

Vespa maker set for Indian return

By Joe Leahy in Mumbai

Published: January 23 2008 02:00 | Last updated: January 23 2008 02:00

Italy's Piaggio is to reintroduce the Vespa into India's two-wheeler market as part of a wider push into Asia after what will have been an absence of more than a decade.

The company yesterday said it would release its first scooters in India in 2010. It is aiming to tap into rapid growth in a market in which it was a dominant player until an earlier two-wheeler joint venture with India's LML collapsed in 1999.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this