Orbit Motor Cycle industries Ltd :
One of the oldest names in motorcycle manufacturing, Azuba Motorcycles is also one of the youngest--while production of the first Azuba motorcycles began in 2005, in its present incarnation the company has been in business only since 2003. Azuba motorcycle production facilities in Dhaka, Bangladesh, had to be completely rebuilt after the original plant was destroyed by fire early in 2012. The plant is capable of producing up to 5000 units per year; a second plant has been in the works and is expected to open in 2013. The private company's sales are estimated at more than 50 core per year, with the Bangladesh representing the company's biggest market. Azuba is entirely owned by Md.Sumon Ahmed Khan, who is also Managing Director orbit group of company. Orbit Groups total investment in Azuba product, which only began to break even at the turn of the century, is estimated to range between 30 core and 40 core. Orbit group also sells a line of Azuba-branded Products.
The companies in this industry sell new motorcycles, scooters, motorbikes, all-terrain vehicles, and other motor vehicles; they also may offer repair services, parts, and accessories. No major companies dominate the industry; most have a single retail outlet.
Discretionary personal income and interest rates drive demand, since motorcycles are high-ticket purchases and often financed. The profitability of individual companies depends on volume and sales of higher-margin goods like heavyweight motorcycles. Large dealers have advantages in broad inventory selections and negotiating power with manufacturers. Small dealers can compete effectively by providing superior customer service or offering unique services, like bike customization.
Major competitors include private market sellers, other recreational vehicle dealers, service center chains, and independent service shops.
Company Name: Orbit Motorcycle Industry Ltd
Country/Region: Dhaka, Bangladesh
Company Address: E-mail: firstname.lastname@example.org
Zip/Postal code: 1000
Contact Person: Md.Shahidul Alam Khan (General Manager)
Business Nature: Manufacturer
Founded Year: 1980
Number of Employees: 500 ~ 1000