"Is there going to be a challenge to Royal Enfield?
It sold fewer than 30,000 motorcycles - less than the number of bikes Royal Enfield sells each month.
Triumph said it has received orders for over 14,000 Speed 400 bikes, exceeding its total India sales of the past decade.
Still, the frenzy over the new models is reflected in the surge in Google searches about Harley-Davidson and Triumph in India.
Improved financing options is also encouraging lower-income buyers to consider premium bikes, said HDFC Securities analyst Aniket Mhatre.
Persons:
Davidson, Rishi Vora, brokerages, Harley, Kotak, Royal Enfield's, Eicher, Royal, Shubhabrata Marmar, Enfield, Varun Painter, MotoCorp, Sathish Rao, Aniket Mhatre, Priyanka Kochhar, Indranil Sarkar, Aby Jose Koilparambil, Nandan Mandayam, Saumya Singh, Navamya Ganesh Acharya, Varun, Dhanya Skariachan, Euan Rocha, Christopher Cushing
Organizations:
Reuters, Bajaj Auto Ltd, Handout, REUTERS, Royal Enfield, Securities, Harley, Royal, Eicher Motors, Reuters Graphics Reuters, ROYAL, Enfield, Mahindra, Mahindra's, TVS, Bajaj Auto, Bajaj, Triumph, HDFC Securities, Thomson
Locations:
REUTERS BENGALURU, India, Royal Enfield, Bengaluru