KTM eyes Indian bike mkt with plans to roll-out 3 models

Written By Unknown on Jumat, 30 November 2012 | 23.25

Global motorcycle manufacturer KTM is all set to cross sales of 100,000 units this year, posting its best performance ever due to its alliance with Bajaj. KTM global CEO Stefan Pierer explains on CNBC-TV18 the future launches that the company has lined up in India.

"We expect to launch a 390cc and maybe a 200cc model. We're also thinking to go one step lower maybe below 200cc, 180cc or 190cc to offer more price-competitive models," Pierer explained.

He explained, "I would say that our 125cc model is a very specific displacement for the European market because that's in the moped class that you can ride at the age of 16. For India, I think we will launch an 180cc or 190cc model."

"We can become 10 times the size what we are right now. But I have learned that India a very price-sensitive market. If we can offer three different models and several displacements, I think we can achieve a target of selling 80,000 units. I have a vision that in the next three-to-four years we will roll-out 100,000 units from the Bajaj 's Pune production facility.



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