KTM Expands India Footprint And Bajaj Alliance With 10 Premium Motorcycles
The ex-showroom prices of KTM's new motorcycles range from Rs 4.75 lakh to Rs 22.96 lakh.
KTM AG, backed by Bajaj Auto Ltd., has expanded its India portfolio with 10 premium motorcycles that go on sale immediately.
The new motorcycles span four segments—naked, adventure, enduro and motocross—with engine capacity of 50 cc to 1,390 cc. These include:
KTM 1390 Super Duke R: Rs 22.96 lakh
KTM 890 Duke R: Rs 14.5 lakh
KTM 1290 Super ADV S: Rs 22.74 lakh
KTM 890 ADV R: Rs 15.8 lakh
KTM 350 EXC-F: Rs 12.96 lakh
KTM 450 SX-F: Rs 10.25 lakh
KTM 250 SX-F: Rs 9.58 lakh
KTM 85 SX: Rs 6.69 lakh
KTM 65 SX: Rs 5.47 lakh
KTM 50 SX: Rs 4.75 lakh
Prices range from Rs 4.75 lakh to Rs 22.96 lakh, ex-showroom India. The premium offerings will be sold from KTM's flagship stores in seven cities—starting from Bengaluru and Pune and then expanding to Mumbai, Delhi, Chennai, Hyderabad and Kolkata. These stores will also retail factory parts and official merchandise.
The Austrian bikemaker has also decided to venture into motorsports in India with plans to set up a training facility in Bengaluru.
KTM first entered India in 2012 with the KTM 200 Duke and quickly followed it up with the wildly popular KTM 390 Duke. Today, it sells 12 motorcycles in India. In the past decade or so, KTM has sold 4.5 lakh motorcycles in the country from 450 dealerships. About 1.2 million India-made KTMs have been sold globally in the past decade or so.
"We are not only expanding our range but also enhancing service and experience standards with flagship stores in key cities," Manik Nangia, president-probiking at Bajaj Auto, said in a statement on Thursday. "We are fully driven to deliver the quality our customers expect."
In 2007, Bajaj Auto International Holdings bought a 14.5% stake in KTM Power Sports AG to kickstart an alliance that's now into its third decade. By March 2020, Bajaj Auto had invested a total of Rs 1,219 crore for a 48% stake. In 2021, Bajaj Auto sold 46.5% of KTM's shares to Pierer Mobility AG in exchange for a 49% stake in the outfit led by Stefan Pierer.
As of date, Bajaj Auto holds a 49.9% stake in Pierer Bajaj AG, which in turn holds 78.16% stake in Pierer Mobility AG — owner of KTM, Husqvarna, GasGas and MV Agusta brands of motorcycles.
