Piaggio to up production in India, launch scooters


MUMBAI, Jan 22 (Reuters) - Piaggio will step up production in India and launch scooters in a market that is set to play a greater role in the Italian firm's global operations, its chief executive said on Tuesday. Faced with a stagnant market in Europe, Piaggio is investing in China, India and Vietnam, and expects Asia's contribution to total sales at 30-35 percent by 2010 from about 20 percent now. "The Asia-Pacific region offers immense opportunity," Roberto Colaninno said at a news ...

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