Speaking at the launch of all-new Jawa 42 FJ motorcycle here, Mahindra also said that stories build brands and brands are nothing but an aggregation of stories.
The latest offering in the neo-classic segment is priced at nearly Rs 2-lakh onwards and would compete with the likes of Royal Enfield’s Classic 350 and Hunter.
In Oct 2016, Mahindra & Mahindra, through its subsidiary Classic Legends (CLPL), signed a licensing deal to launch motorcycles under the Jawa brand name in India and other East Asian countries.
The same year, the company acquired British motorcycle brand BSA as well.
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