Cagiva seems to be restructuring their business a bit. According to this article, Cagiva has partnered with Kinetic Engineering of India to begin manufacturing the 125cc Mito in both 2 and 4 stroke versions, however, they are also considering production of a 650cc version in India as well.
Cagiva President Claudio Castiglioni, planning to restructure his company inclusive of three brands (Cagiva, Husqvarna and MV Agusta), indicated that India is likely to be a major role-player in the streamlined operation.
The brand Cagiva will feature a series of Indian-made models. The deal, aimed at cost-effective quality at competitive prices, includes two-stroke 125cc Mito and a four-stroke version of the same motorcycle. Cagiva`s, shown a prototype model called the Mito 500, which may be fitted with a 650cc engine. This model may go into production in India.
The move will allow Cagiva to become an entry-level brand that will stand beside premium brand MV Agusta and complete the offering range.
When you have too many brands under one roof it gets hard for consumers to figure out what to expect from any particular brand. It looks like Cagiva is segmenting things a bit to make that easier. Quite a few small displacement motorcycles are already produced in India but not many larger displacement bikes, the Royal Enfield at 500cc being the largest.