Posted by Shrawan Raja on July 29, 2010 ·
Vespa is all set to re-enter the Indian market and to help it on its way, World Bank arm IFC will fund the Italian 2-wheeler company with Euro 45mn. Vespa will utilize the funds to make eco-friendly scooters, motorcycles and LCVs in Vietnam and India.
Chairman and managing director Piaggio India Ravi Chopra -
A Vespa is a Vespa, its not a scooter. The Vespa will be designed for the Indian consumers’ [...]