Italian based motorbike and scooter manufacturer company Piaggio is planning to launch Vespa scooter by the end of 2011 in Indian two wheeler market. Chairman and Managing Director Director (India) Ravi Chopra conform this on the sidelines of an automobiles conference.
The Indian unit Piaggio plans to spend around 30 million euros to set up a scooter plant in the country which production capacity of 150,000 units per year.