Hyderabad, June 10, 2015: Fab Motors takes pride to announce the launch of their India’s first Regal Raptor Motor Cycles showroom in Hyderabad. Regal Raptor Motor Cycles which have conquered the cruiser type motor cycles industry with their awesome models and established well in over 39 countries worldwide, were being brought to India by Fab Motors with its line of Chopper, Cruiser, Sports and Custom motorcycles in Hyderabad for the first time. Fab Motors to set up Motor cycles manufacturing Unit in the suburbs of Hyderabad in Telangana State.
Fab Motors plans to invest Rs 1,000 crore for the manufacturing facility. It will make various Regal Raptor motorcycles models available in India, including the Cruiser 350 Bobber 350 and Daytona 350. The 320 CC engine powered models are successful with huge demand coming in from customers. The price range starts from Rs. 2.96 – 20 Lakhs Said M.G.Jeelani – Chairman – Fab Regal Raptor Motor Cycles.
Right now these vehicles are imported in CBU condition. It is now in the process of setting up a production facility on the outskirts of Hyderabad to manufacture Regal Raptor motorcycles.The exact location of the plant is yet to be finalized.
A portion of the investment requirement would be borne by Regal Raptor, while FAB would tie up with banks for the remaining. “The proposed plant will create direct and indirect employment to over 25,000. We will increase the production capacity depending on the demand from the markets, in a phased-manner,” M.G.Jeelani said
Speaking on the occasion, M.G.Shahriq, Managing Director Fab Regal Raptor Motor Cycles said that Fab Motors will open showrooms in all metro cities soon in line with the demand coming in from customers . Fab Regal Raptor Motor Cycles dealerships are now open and bookings for the vehicles have kick started. He offered thanks to Telangana Government for their support in setting up plant. The project is to bring the Regal Raptor Motor Cycles in India. Regal Raptor is a US based company and their production unit is in Shanghai. Regal Raptor is one of the biggest manufacturers of Cruisers; Choppers etc. It is doing very well in all the Western, Arab and Asian countries added M.G. Shahriq, MD of the Group.
The Regal Raptor Motor Cycles are very fuel efficient and cost effective. The focus of the Fab Motors India is to concentrate on middle class, upper middle class and the higher income group category. Our vision is to sell best motorcycles with best quality to all categories of people.
We are in the process of appointing dealer and distribution network in cities like New Hyderabad, Vijaywada, Vizag, Delhi, Mumbai, Nagpur, Ahmedabad, Bangalore, Chennai, Kolkata, Trivandrum, Pune, Chandigarh, Goa, Pondicherry, Bhopal, etc, he said.
We have Exclusive Manufacturing rights for India and 8 neighboring countries viz. Srilanka, Nepal, Bhutan, Saudi Arabia, UAE, Oman, Yemen & Pakistan. We will be exporting to neighboring countries earning foreign exchange, declared the young Managing Director M.G. Shahriq.