India to Emerge KTM Production Hub by Year End

IndustrialsIndustrial Goods ♦ Published: October 23, 2014; 18:00 ♦ (Vindobona)

India is on the cusp of emerging as the lead production hub of Austrian motorcycle brand KTM with the four motorcycles manufactured at the Chakan plant poised to outsell super-sports and off-road bikes rolling out of the Mattighofen facility in Austria.

India to Emerge KTM Production Hub by Year End / Picture: © Indian and Austrian crossed flags by Vindobona

“For KTM, this will be a record year with sales projected to touch an alltime high of 150,000. Of this, 80,000-85,000 bikes will be made in India and sold in the domestic market as well as exported to Europe, US, Latin America and all of Asia, including Japan,” KTM India head and Bajaj Auto senior vice-president Amit Nandi told TOI. Bajaj Auto has 48% stake in KTM.

The…

Fast News Search
Read More