Left Menu
Development News Edition

Lohia Auto forays into Nepal market

Lohia Auto has appointed a distributor in Nepal for further expansion of dealer network in the country.


Lohia Auto forays into Nepal market
"We plan to sell 600 units within the first year. To achieve this figure, our aim is to appoint 10 dealers in next one year," Lohia said. (Image Credit: Twitter)

Lohia Auto Industries today said it has forayed into international markets with the launch of a petrol-powered three-wheeler in Nepal.

"We have started with Nepal internationally and also launched a petrol vehicle for the first time," Lohia Auto Industries CEO Ayush Lohia said in a statement.

The company also plans to enter South East Asia and neighbouring countries as these are emerging markets with lots of potential, he added.

Lohia Auto has appointed a distributor in Nepal for further expansion of dealer network in the country.

Three-wheeler industry in Nepal is estimated to be 2,500 units per annum.

"We plan to sell 600 units within the first year. To achieve this figure, our aim is to appoint 10 dealers in next one year," Lohia said.

The company will soon start exports to other countries in South East Asia and neighbouring countries, he added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

What happens to your outstanding loans if the bank falls?

... ...

Videos

Latest News

UPDATE 2-As U.S. House impeachment looms, Senate, Trump grapple over next moves

As the U.S. House of Representatives moves closer to impeaching Donald Trump, larger questions loom in the Senate, where the president may be headed for a rare conflict with his Republican allies over how any trial will be conducted. The Ho...

Putin, Erdogan pledge to continue military cooperation - Kremlin

Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan pledged to continue cooperation in the military and energy spheres, the Kremlin said on Wednesday,The pledge, made in a phone call, comes after a Turkish presidenti...

WRAPUP 4-Fed leaves interest rates unchanged, expects moderate economic growth in 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next years presidenti...

NHL-Rangers extend reign as NHL's most valuable team-Forbes

The New York Rangers are the National Hockey Leagues most valuable franchise for a fifth consecutive year at more than double the league average, according to the annual list httpswww.forbes.comsitesmikeozanian20191211the-nhls-most-valuable...

Give Feedback