Mahindra 2 Wheelers, the two-wheeler manufacturing unit of the Mahindra Group, today announced the launch of two gearless scooters — Rodeo and Duro in the market.

These newly launched models are the first indigenously developed products of the company after the acquisition of assets of Pune-based Kinetic Motors in July last year for Rs 110 crore.

Giving detail regarding the product, a company official has informed that both the new products are powered by a 125 cc engine sourced from its technology partner, SYM, while the design expertise for the scooters has came from Italy’s Engines Engineering, a company which M&M had bought earlier.

The company has fixed a price tag of Rs 41,229 (ex showroom Pune) for Mahindra Rodeo, while the Mahindra Duro will be available at Rs. 38,299 (ex showroom Pune).

At present, Mahindra has a dealership size of 300 outlets, which the company would expand to 350-370 in the next eight months.