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Bajaj Auto to produce Husqvarna motorcycles from Chakan plant: Report

04 Jul 2017 Evaluate

Bajaj Auto is reportedly all set to start producing Husqvarna range of motorcycles from its Chakan plant near Pune by the end of next year.

Founded in 1903, Husqvarna is the world’s second-oldest motorcycle brand, which KTM of Austria acquired from BMW in 2013. Bajaj Auto, in turn, owns 48 per cent in KTM and has been manufacturing its Duke and RC-branded bikes from the Chakan facility. These are shipped out to Europe, the US, Australia and, more recently, the ASEAN region.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 10315.10
TVS Motor Company 4205.40
Hero MotoCorp 5175.00
Eicher Motors 7200.00
OLA Electric Mobilit 35.03
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