Bajaj is riding high on the success of the KTM Duke not only in the Indian market but worldwide. The Indian two-wheeler maker has further increased its stake to 47%.
The two companies are now developing a high-capacity motorcycles in addition to more platforms for newer models for the future. ngineers of KTM and Bajaj are developing a motorcycle powered by a 375cc engine at Bajaj’s research and development center at Akurdi, Pune. This model could have one of the biggest engine capacities fully produced in India after the Royal Enfield models.
KTM is working with Bajaj on two vehicle platforms for the future. The work on these started last year. It is, however, not clear what models would be developed on these platforms. Both companies had jointly developed the platform for the 125 Duke more than a year before.
KTM and Bajaj are working on a twin-cylinder engine platform that could subsequently make it to actual production at a later date. With growing competition and segment with higher disposable incomes two-wheeler makers are now planning to introduce motorcycles in the higher cc bracket.
KTM-Bajaj plans to also enter new emerging markets where the two-wheelers have demand. South East Asean countries like Indonesia, Vietnam and Thailand could be the next phase of expansion for the duo.
Info Source: BS