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Vespa All Set To Re-enter Indian Market.

Remember old LML Vespa ???

The iconic Vespa, which made waves on almost every Indian road for many years, is set for yet another comeback, with comfort and modern design. After its first entry into Indian soil 50 years back, Vespa surely has had a lot of fame on its side before ‘Hamara Bajaj’ spoiled its party.

The board of Piaggio & Co has announced its plan to invest nearly €30 million over two years to set up a 1.5-lakh capacity plant that will produce a model specially developed for India, the world’s second-largest market for motorcycles and scooters. Most probably, the model will be from the LX125 model range and the cute little wasp (Vespa means wasp in Italian) will be making its presence felt in the domestic circuit in its new avatar by 2012.

Src & Text: [in.yfittopostblog]

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