Austria’s sports bike maker KTM plans to roll out KTM Husqvarna In India by 2020
KTM Husqvarna In India: Austria’s sports bike maker KTM intends to roll out Husqvarna brand in India by 2020 and production at associate Bajaj AutoBSE -1.50 percent Chakan strategy is anticipated to begin in late 2019. The business will use the Chakan plant to roll out the newest in the country of Bajaj Auto. KTM has an installed capacity to produce 1 lakh KTM bikes at Chakan. It plans to add another potential of 1 lakh units for Husqvarna manufacturer, taking the capacity to 2 units per annum for Husqvarna and KTM brands.
“It has been agreed upon and they (Husqvarna bicycles) ought to be found in India by 2020. The business intends to roll out products from Black Arrow brands and Husqvarna’s White Arrow from Chakan, he added. The business looks to bring the bikes with engine capacities ranging to 390 cc on platforms that are like that of KTM. Husqvarna bicycles are currently manufactured by KTM.
When asked about producing capacity at Chakan for both KTM and also Husqvarna manufacturers, Pierer said: “This year we are already touching 1 lakh units with KTM programme. Together with Husqvarna, we want to double it to 2 lakh units.” KTM sold in India this past year over 40,000 units and it’s hoping to cross 50,000 units, thereby overtaking the US marketplace, the current leading marketplace for the brand, this season.
Pierer said KTM is also in talks with Bajaj for distribution of bicycles in new markets. The partners have already collaborated in various worldwide markets including Sri Lanka, Nepal, and Indonesia among others.
Bajaj Auto and KTM have completed a decade of this partnership under which the Austrian bike manufacturer’s models DUKE 125 390 and RC the two partners are created in the Chakan plant of Bajaj and distribute 125 390 globally.
KTM had secured a permit agreement for the Husqvarna motorcycle, that was set up in 1903 in 2013 with BMW. It has been selling the bike in advanced markets, such as Europe and Canada. It has been selling as the off-road bike in the advanced nations ever since the Husqvarna brand was taken on by KTM. Now it plans to bring it to section.
