Lohia Auto Industries, which has a pan-India presence with an established dealer network, is targeting a turnover of Rs 500 crore by 2020. Ayush Lohia, its CEO, shares insights on how the company plans to achieve it and the way forward.
Lohia Auto is known for its electric vehicles. Now the company is into an IC engine-based vehicle. Where do you see the company heading?
Lohia Auto is well geared with the technology and know-how for its IC engine and diesel engine. Also, since the company is known for manufacturing two-wheelers and three-wheelers, this is not akin to an audacious move but rather an obvious one. We shall have a presence in three-wheelers too, both in petrol and diesel versions.
What’s your current presence in the Indian market and overseas?
This story is from the November 2018 edition of The Franchising World.
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This story is from the November 2018 edition of The Franchising World.
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