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Kinetic Engineering, entered into an agreement with Italian motorcycle major Cagiva, wherein Kinetic is likely to start manufacturing single-cylindered Cagiva models developed in Italy, reports Business Standard.
Cagiva President Claudio Castiglioni, planning to restructure his companyinclusive of three brands (Cagiva, Husqvarna and MV Agusta), indicated that India is likely to be a major role-player in the streamlined operation.
The brand Cagiva will feature a series of Indian-made models. The deal, aimed at cost-effective quality at competitive prices, includes two-stroke 125cc Mito and a four-stroke version of the same motorcycle. Cagiva`s, shown a prototype model called the Mito 500, which may be fitted with a 650cc engine. This model may go into production in India.
The move will allow Cagiva to become an entry-level brand that will stand beside premium brand MV Agusta and complete the offering range.
India as a manufacturing base will allow them to lower manufacturing costs, keeping the quality constant. The first of the Indian-made Cagivas are likely to debut at the Milan Motorcycle Show in November 2007.
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