Bajaj Auto announces plans to acquire Pierer Mobility AG,parent of KTM,Husqvarna and GasGas,following €800M investment and ...

The move is aimed at helping KTM recover from financial trouble and marks a major step forward for Bajaj, which has been a ...

The fresh infusion of funds is largely intended to pay off KTM’s creditors and ensure the continuity of its business.

Following the recent capital increase and the impending €600 million payment to creditors, which Bajaj is set to make this ...

Bajaj Auto's major loan to KTM parent company ensures continued production,new platform development,and strengthens India's ...

Bajaj Auto International Holdings BV will secure a loan of up to 566 million Euros or Rs. 5,431 crore for KTM AG's insolvency ...

Manesar, Nashik, and Bangalore, and runs an engineering centre in Pune with 330 experts. According to LATL, this acquisition ...

MotoGP: Major Indian shareholder Bajaj is taking out a loan of €566 million to save the insolvent KTM AG from bankruptcy.

At present, Bajaj Auto manufactures small-displacement KTM & Husqvarna motorcycles at its Chakan plant. Notably, Bajaj Auto had a setback in KTM exports in the October to December quarter.

These days, Indian manufacturer Bajaj Auto also owns a major stake ... Output from KTM's Chakan plant in Maharashtra is largely delivered to India and emerging markets in the region.

“We will be spending between INR 700- 800 crore, primarily to complete the capex on our three wheeler plant and ... produced at Bajaj Auto's new manufacturing facility in Chakan, which initially ...

Chairman Niraj Bajaj highlighted plans for recovery in export volumes in Annual Report for 2023-24. This plant near Pune ... it has benefited the Chakan operations. The auto industry body is ...