Bajaj Auto and KTM are contemplating the launch of a brand new 125cc bike in the Indian market by the year 2011. Bajaj Auto will build the bike at its Chakan plant near Pune. It will take approximately 12 months to launch the bike commercially in the Indian market. Thenew bike will be launched in the European market by the end of current calendar year.
Bajaj has entered into an agreement with KTM where both the companies will jointly roll out global bikes in India. The news has come out at a time when Bajaj is gearing up to launch various bikes in India in the 125-250cc segment. The aim is to launch bikes that have potential in the global markets. Speaking on the recent plans, Mr. Rajiv Bajaj, MD of BajajAuto said "From 2012 onwards, whatever vehicle we will build would be three generation ahead of what we have today. That means not only better interiors but also new set of engines and transmissions as well."
Bajaj-KTM has big plans for India as it is looking forward to launch high performance bikesin the Indian markets. KTM Power Sports AG will cater to premium segment while their range of "RE" passenger vehicles will be a standalone brand in the three wheeler space.
Bajaj has entered into an agreement with KTM where both the companies will jointly roll out global bikes in India. The news has come out at a time when Bajaj is gearing up to launch various bikes in India in the 125-250cc segment. The aim is to launch bikes that have potential in the global markets. Speaking on the recent plans, Mr. Rajiv Bajaj, MD of BajajAuto said "From 2012 onwards, whatever vehicle we will build would be three generation ahead of what we have today. That means not only better interiors but also new set of engines and transmissions as well."Bajaj-KTM has big plans for India as it is looking forward to launch high performance bikesin the Indian markets. KTM Power Sports AG will cater to premium segment while their range of "RE" passenger vehicles will be a standalone brand in the three wheeler space.
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