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Friday, 08 April 2016 11:43

Bajaj KTM extend partnership to Indonesia

Written by http://www.livemint.com/

KTM MOTORCYCLEMumbai: Bajaj Auto Ltd, India’s largest exporter of motorcycles, and the company’s Austrian partner KTM AG are extending their partnership to Indonesia, the biggest motorcycle market in South East Asia, the Pune-based firm said in a filing to the stock exchanges on Friday.

As part of the agreement, KTM, through its distribution network in the country, will sell the KTM-branded Duke and RC motorcycles (up to 400cc) which will be managed by Bajaj. The bikes are made by the KTM-Bajaj joint venture at the latter’s factory in Chakan. Read On

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