Piaggio Vehicles Private Limited

Piaggio Vehicles Private Limited (PVPL) is a 100% subsidiary of Piaggio & C S.p.A. PVPL commenced its India operations in 1999, with the launch of the apé, which became India’s favorite three-wheeler brand in a short span of time.

PVPL has its corporate offices in Pune and has created a world class facility at Baramati, Maharashtra, with a capacity per annum of 300,000 of 3 Wheeled and 80,000 of 4 wheeled commercial vehicles. Furthermore, PVPL has to date, over 1.5 million satisfied customers across the country. Today, over 300,000 tons of cargo is transported daily across the country on the apé.

A turnover of near Rs 25 billion was achieved in 2012 and a total volume of approximately 225,000 vehicles were sold in 2012. The Company offers employment to over 3000 persons spread across the country.

A world class, engine manufacturing facility has been set up to produce two wheeler gasoline and the next generation, fuel efficient and environmentally friendly diesel engines in Baramati. The facility serves as a hub for the Piaggio Group.

Piaggio invented the Vespa in 1946. Having successfully established itself in the world wide two wheeler segment Vespa was launched in India in April 2012. The Company has set up state-of-the-art plant in Baramati to manufacture the original, iconic Vespa.

The Vespa, a household name worldwide, epitomizes the unmistakable world famous design and is a perfect combination of style & practicality, with comfort & legendary looks. Vespa is not just a symbol of Italian creativity; it’s a unique example of immortal design that has become a part of social history. Known for its heritage, the Vespa with the Italian design and style is positioned as a lifestyle product in the Indian market.

 

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