Piaggio scheduled to launch Vespa LX125 scooter on 26th April in India

The iconic Vespa is set for its third innings in India and will launch its Vespa brand which was present in Indian market a decade before, the Italian two-wheeler and three wheeler manufacturing company, will officially launch its stylish scooter Vespa LX 125 on 26th April 2012. However dealership network was one of the primary concerns in the past. Piaggio for now will start of their venture once again in India with 50 dealers which will be expanded in the coming months. The Vespa LX125 scooter which will be powered by a 124 cc engine, producing 10.26 BHP of peak power at 8250 RPM and 9.6 Nm of peak torque at 7250 RPM. The engine is mated to an automatic CVT gearbox, the air-cooled motor is expected to produce around 50 kpl and on a complete fill-up is capable of doing 425 kms. It is expected to be priced around Rs. 55,000 for the Vespa, which will be offered in two variants (with disc brake and without disc brake). 5 Shades available in Piaggio Vespa LX125 - * Red * Blue * Orange * Silver * Yellow

Additionally, the Firm is in final stages of setting up its manufacturing facility at Baramati in Maharashtra. Initially the Baramati Plant will produce around 150,000 units per annum at a total investment of Rs. 200 crore (Approx.). According to the requirement, company can increase its production capacity. The company is aiming for 100 per cent localization for Vespa LX 125 which will help the auto major to price it competitively.