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About Triumph Bikes

Triumph Motorcycles , a well-known British brand with more than 125 years of history, has made a strong mark in India’s premium motorcycle market since arriving in November 2013. Starting as a premium import, Triumph has grown to become its largest market by volume in India, helped by a key partnership with Bajaj Auto that made the brand more accessible. Today, there are over 1 lakh Triumph motorcycles on Indian roads, more than 230 dealerships in over 200 towns, and India-made 400cc bikes are exported to 18 countries.

History And Growth

Entry Into India (2012-2013)

Triumph first appeared in India at the 2012 Auto Expo in Delhi, where it displayed its premium motorcycles. The company began selling bikes on November 28, 2013, launching 10 models priced from ₹5.7 lakh to ₹20 lakh (ex-showroom). Triumph started out with just one dealership in Bengaluru, importing fully built motorcycles.

Early Growth Phase (2013-2018)

In the first four years, Triumph expanded quickly:

  1. Dealership network: Grew from 1 to 14 dealerships across 14 cities
  2. Customer base: Served 4,500 proud customers by 2017
  3. Model lineup: Expanded from 10 to 16 motorcycles across five categories (Modern Classics, Roadsters, Supersports, Adventure & Touring, and Cruisers)
  4. Assembly: Began assembling motorcycles locally at the Manesar facility in Haryana, which helped keep prices competitive with European and Japanese brands.

By 2018, Triumph had more than 5,000 customers and was present in 16 cities, making it one of the fastest-growing premium motorcycle brands in India.

The Bajaj Auto Partnership Era (2019-present)

A major partnership with Bajaj Auto, announced in August 2017 and formalized soon after, changed Triumph’s business in India:

  1. July 2023: Launch of first locally manufactured mid-capacity Triumph motorcycles (Speed 400 and Scrambler 400 X) at Bajaj’s Chakan plant
  2. Bajaj takes over sales and operations: Bajaj took over sales and operations in April 2023, making Triumph motorcycles more accessible to a wider market.
  3. Rapid growth: Triumph sold over 1 lakh motorcycles in just 2.5 years after launching the 400cc range.
  4. Network expansion: The dealership network grew from 14 in 2017 to over 230 outlets in more than 200 towns by 2026.

Key Milestones And Developments

Sales Milestones

Milestone Year Significance
10 models launched 2013 Official market entry
4,500 customers 2017 4 years of operations
5,000+ customers 2018 5 years milestone
1 lakh motorcycles March 2026 Within 2.5 years of 400cc launch

Product Launches And Developments

  1. 2013: Initial launch of 10 models (Bonneville, Street, Speed, Daytona ranges)
  2. 2018: Six new motorcycles planned for launch, including updated and all-new models
  3. 2023: Speed 400 and Scrambler 400 X – first India-developed, globally exported Triumph motorcycles
  4. April 2026: New 350cc range confirmed launch (downsized from 400cc to fit lower GST bracket)
  5. May 2026: “Triumph Unleashed 2026” – new motorcycle reveals showcasing innovation

Technology And Engineering Achievements

  1. Moto2™ Engine Supplier: Since 2019, Triumph has provided race-tuned 765cc engines to the FIM Moto2™ World Championship, setting 16 lap records and achieving the first 300KPH top speed
  2. Shared R&D: Collaboration with Bajaj Auto enables shared engineering, research, and manufacturing capabilities
  3. GST Optimisation: Triumph downsized engines to 350cc for the Indian market, which means an 18% GST rate instead of 40% for bikes above 350cc.

Manufacturing Facilities

Global Manufacturing Footprint

Triumph operates four global manufacturing and assembly facilities:

  1. Hinckley, UK (Headquarters) – Primary manufacturing
  2. Thailand – Two facilities (Factory 3 opened in 2002, Factory 5 opened in 2007)
  3. Brazil – Assembly plant (opened 2012)
  4. India – Assembly and manufacturing hub

India Manufacturing Operations

Facility Location Purpose Status
Manesar Gurgaon-Manesar, Haryana CKD assembly of 90% of India-sold motorcycles (800-1200cc models) Operational since 2014
Chakan Pune, Maharashtra Full manufacturing of 400cc mid-capacity bikes for India and global export Operational since 2023
Narasapur (planned) Kolar district, Karnataka Full-scale manufacturing facility (40 acres on Bangalore-Chennai highway) Land acquired, planned as third global location

Key Manufacturing Facts

  1. 90% localisation: Most motorcycles sold in India—about 90%—are assembled from Completely Knocked Down (CKD) kits at the Manesar plant.
  2. Global export hub: India-made 400cc bikes exported to 18 global markets
  3. Strategic vision: India is set to become a global manufacturing hub for emerging markets.
  4. Production target: Bajaj Auto aimed for 10,000 units/month by September 2024,

Market Position And Achievements

Market Leadership

India is now Triumph’s biggest market in the world by sales volume. The brand has reached a wide customer base here:

Metric Achievement Year
Sales milestone 100,000+ motorcycles on Indian roads March 2026
Dealership network 230+ retail outlets 2026
Geographic reach 200+ towns covered 2026
Growth rate 10-12% annual growth target Ongoing
Monthly production target 10,000 units FY2025

Premium Segment Dominance

  1. One of the fastest-growing premium motorcycle brands in India
  2. Established as one of the major premium motorcycle manufacturers in the country
  3. Strong presence in the premium entry-level segment with 400cc range
  4. Strategic importance: India remains a key market for Triumph, as it is the world’s largest two-wheeler market.

Brand Achievements

  1. 1 lakh sales in 2.5 years: Triumph reached this milestone faster than ever after partnering with Bajaj.
  2. Global export success: India-made bikes exported to 18 countries, demonstrating global quality standards
  3. Customer endorsement: Triumph’s modern classic motorcycles and engineering have received strong support from customers.
  4. Premium ecosystem: Triumph is committed to building India’s premium motorcycle scene through special events and top-quality service.

Financial Performance

  1. Global turnover: ₹3,756 crores worldwide (7.6% increase)
  2. Investment: Triumph continues to invest heavily in backend operations and local sourcing.

Future Plans

Network Expansion

  1. Target: Triumph aims to have more than 350 touchpoints by FY27, up from over 230 now.
  2. Geographic reach: Triumph plans to expand further into smaller towns and Tier-2 and Tier-3 cities.
  3. Experience Centres: Triumph will keep developing premium service and experience centers.

Product Pipeline

Timeline Plan Strategic Purpose
April 2026 Launch of new 350cc range GST optimization (18% vs 40%)
2025-2026 Upcoming bikes blending classic aesthetics with cutting-edge innovation
Ongoing New street bikes in 400cc segment with new designs and price points
Future Potential replacement of 400cc lineup with 350cc for Indian market

Strategic Initiatives

Gst 2.0 Adaptation:

  1. Triumph is downsizing engines to 350cc by reducing stroke and adjusting timing. This helps keep prices competitive while maintaining a premium image.

Manufacturing Hub Expansion:

  1. Triumph is working to make India an even stronger global manufacturing hub.
  2. Potential full-scale manufacturing at the Karnataka facility
  3. The company is increasing local sourcing to keep prices competitive.

Premium Ecosystem Development:

  1. Triumph is focused on strengthening the premium motorcycle ecosystem in India.
  2. Specialised rider events and community engagement
  3. Triumph is building a world-class service infrastructure.

Market Volume Goals:

  1. Triumph plans to build on the success of its 400cc models.
  2. Aiming for 350 touchpoints shows Triumph’s confidence in continued growth.
  3. Triumph plans to leverage India’s status as the world’s largest market to drive further expansion.
  4. Technology And Innovation:

  1. Triumph will keep working with Bajaj Auto on shared research and development.
  2. The company plans to use Moto2™ racing technology in its road bikes.
  3. Triumph aims to keep its high engineering standards while making bikes more affordable.

Long-term Vision

The Bajaj-Triumph partnership looks set to keep growing, with both companies focused on:

  1. Making premium motorcycles accessible to more Indian riders
  2. Maintaining Triumph’s British heritage while adapting to the Indian market needs
  3. Positioning India as the global hub for mid-capacity premium motorcycle manufacturing
  4. Sustaining 10-12% annual growth in the Indian market

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