-96.30 (-1.01%) Bajaj Auto, the country’s second largest motorcycle manufacturer which makes Pulsar and Discover range of motorcycles, will be launching two variants of the RC brand of faired racing bikes in the calendar year 2014 under the sub-500 cc category. The company will be launching racing bikes for Indian roads in the coming years under its Bajaj-KTM partnership. Bajaj Auto holds 48% stake in KTM of Austria.
The company also launched the KTM 390 Duke bike in the metropolis. It sold around 8,000 units of KTM bikes in the last financial year in India and around 25,000 units were exported to Europe, Latin America and South East Asia.
The company manufactures the small displacement KTM bikes at Pune plant which are sold globally. The company is looking at 10% growth in the racing category in the current fiscal.