Benelli Slashes Prices Of Its 300cc Bikes

• The TNT 300 now priced at Rs 2.99 lakh; 302R now costs Rs 3.1 lakh (ex-showroom).

• Prices slashed by Rs 51,000 for the TNT 300 and Rs 60,000 for the 302R.

• Both the TNT 300 and 302R with the revised prices are on sale now.

Benelli has significantly reduced the prices of its 300cc models, the TNT 300 and 302R. While the TNT 300 and 302R were priced at Rs 3.5 lakh and 3.7 lakh, respectively, they now cost Rs 2.99 lakh and Rs 3.1 lakh. That's a price drop of Rs 51,000 for the TNT 300 and Rs 60,000 for the 302R.

At this price, the new 302 R is Rs 12,000 more expensive than the Kawasaki Ninja 300, the most affordable, faired, parallel-twin motorcycle sold in India.

The price revision is due to a reduction in manufacturing costs at the source. Benelli bikes are brought into the country as completely knocked down units (CKD) from China. Benelli has managed to reduce manufacturing costs in China and the benefits have trickled down here in the form of price reductions.

Both the TNT 300 and 302R have the same 300cc motor and underpinnings. The 300cc, liquid-cooled, parallel-twin motor produces 38.8PS and 26.5Nm. It gets a 6-speed gearbox. Both get a trellis frame, upside down fork, monoshock, and a twin front disc setup. The bikes get dual-channel ABS as standard.

Both bikes are now on sale at all Benelli showrooms in the country. Here is a press release from the company.

Press Release:

Benelli’s 300cc Range Gets A Price Cut Of Rs. 60,000

The Benelli TNT 300 and Benelli 302R gets affordable by Rs. 51,000 and Rs. 60,000 respectively.

Hyderabad, 13 May, 2019:Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, today announced the new pricing for its popular 300cc line-up – TNT 300 and 302R, owing to the reduction of manufacturing costs. The TNT 300 now costs Rs. 2.99 lakhs and the 302R costs Rs. 3.10 lakhs

The price reduction will further strengthen the sales of its already popular 300cc line-up, making it more accessible and value for money offering for prospective customers.

Vikas Jhabakh, Managing Director, Benelli India said, “We strongly believe in the value proposition of our products and customer sentiments towards the brand Benelli. We have witnessed a significant reduction in the manufacturing cost of the TNT 300 and 302R models and this has helped us to pass on the benefit to the biking enthusiasts in India.”

About Benelli

Pure passion since 1911. Benelli is this and lots more: heritage, emotion and innovation become legendary throughout more than 100 years of groundbreaking models, advanced technology, victories and world-renowned riders. In 2005, Benelli became a part of QJIAN JIANG (QJ) group, China. The production capacity reaches to 12,00,000 vehicles per year, with about 14,000 employees. Benelli as a global player has established itself across 70 countries and growing stronger.

Further strengthening Benelli Q.J’s position in the global market is Geely’s recent $166 million investment in parent company QJ, giving it 29.77% ownership of QJ’s equity. This makes Qjian Jiang, China’s second largest motorcycle manufacturer.

About Adishwar Auto Ride India

Vikas Jhabakh, Director – Mahavir Group, spearheads Benelli’s operations in India through Adishwar Auto Ride India (AARI), a partner of Mahavir Group, one of the leading automobile dealers in the country. AARI is the exclusive partner by Benelli, to distribute Benelli’s premium product range in the country. The company has set up an assembly plant for Benelli in Hyderabad. The company manufactures and imports a range of Benelli bikes from Italy & South East Asia regions.

Source: zigwheels.com