Indian billionaire Anand Mahindra has announced plans to bring back iconic British motorcycle brand BSA, promising he would 'do justice' the historic bikes. Last week Mahindra & Mahindra announced that its subsidiary BSA Company Limited, UK, had bought three companies from BSA Regal Group. It is not the first time that the billionaire, who made his fortune through the vehicle maker, has promised to bring back the brand after buying BSA Company Limited in October 2016. The iconic British motorcycle brand could be resurrected from next year after Mahindra Group bought the rights to its name last week. The new BSA bikes with traditional engines will cost between £5,000 and £10,000, the Guardian reported.

Source: Daily Mail November 16, 2020 20:47 UTC