Benelli has hiked the prices of a few models in its range by four to six per cent. The jump in prices ranges from Rs 12,000 to Rs 34,000, depending upon the model and the city.
Benelli’s middleweight tourer, the TNT 600GT is Rs 34,000 more expensive than earlier, and now sports a price tag of Rs 6.12 lakh (ex-showroom, Delhi). Its streetfighter sibling, the TNT 600i is Rs 23,000 more expensive than before, retailing at Rs 5.38 lakh (ex-showroom, Delhi). The TNT 300 on the other hand, will set you back by Rs 3.07 lakh (ex-showroom, Delhi), which is Rs 16,000 more than the bike’s old price tag.
The trend for the price revision however, is different for different cities. In Pune, which has the company’s headquarters, Benelli has reduced the prices of the TNT 899 and the TNT R by two per cent. These models now retail at Rs 9.59 lakh and Rs 11.95 lakh (ex-showroom, Pune) respectively.
Benelli hasn’t released an official statement regarding the reason for hike in prices.The recent budget announcement didn’t bring any change in the taxation structure for two-wheelers, and as such this step comes as quite a surprise. Benelli’s rise in the Indian market since its launch last year has been commendable, and the price hike seems like an attempt to cash-in on the popularity of its best-selling models.