Italian Bike-Maker Benelli Signs MoU For Plant in Telangana

Italian motorcycle-maker Benelli signed an MoU with Telangana government and Adishwar Auto Ride International (AARI) for setting a manufacturing facility. 
The group company would initially start assembling CKD (completely knocked down) kits of the bike for Benelli to assemble, manufacture bikes and import exclusive range of the bikes from Italy and SouthEast Asian regions. 
Source- DD News

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Established in 1911, Benelli is one of the oldest Italian motorcycle-manufacturer and has presence in over 60 countries such as America, Africa, Europe and Asia Pacific regions.