new delhi twowheeler maker monto motors the first indian company to sell imported chinese motorcycles after the relaxation of import restrictions has said it will launch these motorcycles nationwide by january next year we are now launching the motorcycles in haryana and punjab after the inaugural launch in rajasthan about a week back delhi will be next in november later we will go to west and south india monto motors general manager marketing r chibber told pti here the 100cc and 125cc motorcycles brandnamed cosmo blaster and cosmo soljier have been priced at rs 32000 and rs 44000 exshowroom delhi respectively the fourstroke motorcycles have features like remote start diecast wheel disc brakes and antitheft alarm we are also planning to introduce an electronic fuel injection system in the engines chibber said the delhibased firm best known for its avanti garelli moped brand has tied up with lifan a leading chinese company to import these motorcycles in completely knocked down ckd condition and assemble them at its plant in alwar rajasthan monto motors has set an ambitious target of selling about 4000 motorcycles per month in this fiscal and 800010000 units monthly in the next chibber said he said about rs 50 crore has been invested to spruce up the assembly line at the alwar plant which has an installed production capacity of one lakh units annually at present the motorcycles have zero per cent import content but we will gradually localise them chibber said adding emission and other necessary clearences have been secured from the automotive research association of india he said monto motors would also consider importing motorcycles with higherengine capacity like 150cc and 175cc depending upon the market demand on aftersales and service chibber said a 167strong dealer network has been formed to handle sales and service of these chinese motorcycles our main aim will be to provide personalised services to our customers he said he said talks were also on for forming a joint venture with lifan with monto retaining the majority stake but added that nothing has been finalised till date domestic twowheeler makers like tvssuzuki bajaj auto and kinetic are understood to be in the process of importing twowheeler components from china due to their low cost of production after government relaxed import restrictions in the exim policy 200102 the indian motorcycle market the second largest in the world has witnessed splendid growth in the previous fiscal at the expense of scooters and mopeds this has led scooter makers like lml and kinetic to move into motorcycle segment while motorcycle makers like hero honda bajaj tvssuzuki and yamaha have increased their product portfolio motorcycle sales increased by 275 per cent but scooter sales declined marginally by 19 per cent during the first half this fiscal moped sales have also dipped by 325 per cent during aprilseptember 200102