Tag: MD & CEO of Piaggio Vehicles Pvt. Ltd.

Piaggio extends support to its employees through various initiatives to battle the COVID 19 pandemic

Pune: In order to ensure their employees safety amidst the COVID pandemic, Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group, European leader of the 2 Wheeler sector and India’s leading manufacturer of small commercial vehicles has introduced various initiatives for their employees & family members.

In this testing time, to demonstrate solidarity with their employees to navigate through this crisis, all PVPL permanent employees have been insured under the COVID Term life Insurance for a sum of Rs. 20 lakh to provide relief to the immediate family in case of death of the employee due to Covid.

Mediclaim insurance upon the unfortunate death of an employee due to COVID, will be extended to the immediate family members (dependants) up to a period of 5 years as per the policy.

PVPL has also introduced an Education Assistance Program for providing education assistance of Rs. 1 lakh per child per annum (maximum 2 children) each until the completion of their graduation degree in case of an unfortunate death of an employee due to COVID

PVPL is also providing its employees with a comprehensive set of offerings with a single app. Employees can avail all healthcare related services like consultation, telemedicine, E-pharmacy, lab tests, health check-ups through the app.
Mr. Diego Graffi, MD & CEO of Piaggio Vehicles Pvt. Ltd. said, “In these exceptionally difficult times Piaggio stands firm with all of its employees, devoted to their safety. During the pandemic, we want to give complete support to our employees and their families.

While we recognize that no amount of money or support can substitute for the death of a loved one, it is crucial for us as an organization to reassure and offer stability to the families as they cope with the loss.”

Ms Pooja Bansal, Head HR, Piaggio Vehicles Pvt. Ltd. said, “With the second wave of COVID-19, Piaggio is committed to ensuring every member’s emotional, physical, and financial safety as they face these difficult times.
In addition to vaccinations, various initiatives like the Employee Assistance Program for counselling of employees through mail or telephone, Education Assistance Program for the children of the deceased employee due to COVID, or COVID Term Insurance of Rs. 20 lakh amongst others, have been introduced to ensure our employees’ physical and emotional safety.

All the above initatives are extended in addition to the other actions that Piaggio has executed since the beginning of the pandemic in India to support community, employees & partners.

For us at Piaggio, employee& community well-being and support is not just a policy but a philosophy integral to our work ethos”.

Piaggio creates another milestone even in Challenging Times.

Adds 100 dealerships in 100 days

Pune, 11th May 2021: Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group, European leader of the 2Wheeler sector, and India’s leading manufacturer of small commercial vehicles today created another milestone of adding 100 dealerships across India in 100 days. This milestone reinforces the acceptance of the Piaggio brand & confidence in the company’s future & product line-up. It also adds credence to Piaggio’s leadership in adding to its large no of product offerings for its customers both in the 2W & 3W segments, a philosophy that drives Piaggio’s India strategy.

Piaggio has increased its reach in the 3Wheeler & 2Wheeler business & has expanded further in the CV space by opening up electric experience centers for an elegant & differentiated customer experience. Piaggio has the largest network in the 3 wheelers space in India & has a strong network presence in 2 wheelers. It aims to increase its reach further in various parts of the country to come closer to its customers ensuring an enhanced customer experience with the large product offerings of its brands including Vespa, Aprilia & Ape’ The addition of these 100 dealerships is a step in that direction.

PVPL now has a dealer network of > 725 vehicle dealerships & 1100 touchpoints across all states & union territories in India. Besides this, it has a strong network of distributors & retailers to cater to the aftermarket segment. It is also strengthening its network presence in various countries overseas. With the addition of the new dealerships, Piaggio is committed to further strengthening its customer connect.

This comes as the Piaggio Group announced one of its best quarterly results.

In India, PVPL has seen the best growth performance in 2 wheelers with the growth of > 90 % in the 1st quarter. PVPL has shown market share growth in both the CV & 2W business in the 1st quarter of 2021 & its network depth contributes to this.

Piaggio has the largest product range in the 3 wheeler segment and is truly fuel agnostic. It is the first to introduce products in both the fixed & swappable variants making it the only player giving both types of solutions in the 3w Electric vehicle category to its customers.

By launching the Aprilia SXR 160 & soon planning to launch the Aprilia SXR 125 it is strengthening its’ product offerings in the 2wheeler space. The Iconic Vespa celebrating the 75th anniversary & having a substantially large contemporary product range adds to its brand strength.

Despite the pandemic, Piaggio continued to invest in emerging technologies and has continued to unveil new products every quarter. Piaggio has also launched their E-commerce platform for the sale of both 2 wheelers and the commercial vehicles range in India last year.

Being a responsible corporate citizen, during the time of the Pandemic, Piaggio has contributed towards helping hospitals in Baramati & Pune with various contributions including PPE kits, it helped in setting up a Covid care facility in Bramati & has given free monthly rations to various segments of the 3W driver community besides helping in providing Oxygen & announcing free vaccinations to all its employees.

Mr. Diego Graffi, MD & CEO of Piaggio Vehicles Pvt. Ltd. said, “It is our endeavor to continue providing best in class & style offerings to our customers both in the 2wheeler & 3wheeler space across our brands including Vespa, Aprilia & Ape’. The product offering is not just iconic but has the advantage of being the state of the art & contemporary. We have the advantage of understanding customer needs in India with the added advantage of our strong R&D in Europe & India. We have a plethora of products & engines that we have access to & will bring in the required ones to India based on the customer requirements & suitability. To ensure these offerings come closer to the customer we are expanding our reach & the addition of these 100 dealerships is a step in that direction. We are focusing on enhancing Piaggio’s market share and expanding consumer preference towards our various iconic Brands in the 2w & 3w space. Despite the challenges during these times of the pandemic, we have expanded our network across various states in India & are also strengthening our presence overseas. This shows the confidence that the dealer community & customers see in the Brand & Product strength of Piaggio & its future. I see many new opportunities for us as the Indian market is poised to grow & to play a dominant role within Piaggio’s global business.