Lohia auto, as a part of their export expansion plan, has entered the Nepal market. This is Lohia’s first foray into the export segment.
In additional to its international market foray, Lohia Auto has successfully introduced Petrol Auto in Nepal and appointed a distributor there. And for future expansion and a stronger foothold, the distributor appointed by Lohia Auto will further expand its dealer network in Nepal. Furthermore, as a part of its first Petrol 3 wheeler launch, Lohia Auto has introduced passenger and cargo vehicles in the Nepal market.
Sharing his insights on expansion plans of Lohia Auto, Ayush Lohia, CEO said “At present Lohia Auto Industries has made its mark in the Indian market. It has a pan India presence with dealer network across India. Directly the brand is associated with 100+ dealers pan India. Internationally, we plan to foray into South East Asia and neighbouring countries to begin with as these are emerging markets with lot of potential. We have started with Nepal internationally and also launched a petrol vehicle for the first time.”
“The Industry of 3 wheeler is estimated to be 2500 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 the next one year in Nepal as there is immense potential and we have already kicked started well,” added Ayush.Lohia Auto will soon be exporting to other countries in South East Asia and neighboring countries as a part of its first phase of international expansion.
