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Bajaj Auto plans to manufacture street bikes for US roads: Report

12 Feb 2013 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer is reportedly planning to manufacture street bikes for its Austrian partner, KTM AG, which has so far been selling only off-road bikes in the US, by next year. With this initiative, it will become the first Indian automobile company whose India-made motorcycle will be seen on US’ streets.

Automaker will manufacture the stylish, high-performance and race-oriented bike model, KTM Duke 390, at Bajaj’s Chakan plant, near Pune. Prior to this, auto major, which owns stake in KTM, successfully launched two models - Duke 200 and Duke 125 which were built and sold in India and exported to Europe and other markets.

Peers
Company Name CMP
Bajaj Auto 11356.10
TVS Motor Company 4125.00
Hero MotoCorp 5399.80
Eicher Motors 7463.25
OLA Electric Mobilit 41.40
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