Investment in Bajaj Auto KTM: Bajaj Auto Investment in KTM

Bajaj Auto will invest about Rs 1,360 crore for the European motorcycle brand KTM. Bajaj Auto -Netherlands -Besed AFTILIATE BAJAJ AUTO Intarnational Holding Beevi (Baihvv) has a 49.9 % stake in Piyreer Bajaj AG (PBAG) in Austria in Austria. Peer Mobility AG has a 75 % stake in KTM motorcycles. KTM said in November that an emergency fund was needed to save itself. There are reports that the creditors are also in consultation. KTM now needs investment to avoid bankruptcy.

Investment of Rs 1,350 crore

The company has now announced that the board has approved an investment of about Rs 1,350 crore in Bajaj Auto International Holdings Biwi in the Netherlands. This fund can be used to strengthen the KTM economy. It is not clear that Bajaj Auto will be the largest shareholder of KTM, or that Bajaj Auto Partnership Promoter, Austria businessman Stephen Pierre will donate the same amount.

agreement

Bajaj Auto has a manufacturing and marketing deal with KTM. This investment supports KTM brand operations in India. Pierre was purchased in 1992 facing the KTM wall. In 2010, Europe became the largest motorcycle manufacturer. In 2007, Bajaj Auto was brought as an investor and strategic partner.

KTM has recently admitted that its European activities are not yet stable. The KTM is famous for the off-road motorcycle and successful street bikes. European motorcycle has a good reputation in the market.

Ktm

The company has progressed by producing motorcycles gradually. The KTM is focused on off-road motorcycles. Motochras are recognized for its design and performance in Evo -Enduro events. By the 1970s it was famous for off-road motorcycles. It won several racing championships. The company has expanded its portfolio to connect street bikes and mopeds.