The company has started selling its smaller models in Indonesia via the CBU route. Now that demand is strong, the company is looking at setting up a plant in Indonesia for KTM. Bajaj first started selling the Pulsar in 2005 under the PT brand but it was unable to generate the kind of demand it expected.
"The plan for PT. Bajaj Auto Indonesia is to spearhead the development of KTM and Bajaj partnership and bring the jointly developed products into Indonesia. To take this further, all the required manufacturing, import, and business licenses have been renewed. Further, studies on the product acceptability have been conducted, which look favourable," Bajaj Auto stated in its 2017-18 annual report. "CKD configurations have been created and the process of seeking clearances for these configurations has started.
The company plans to kick off the business operations for PT. Bajaj Auto Indonesia in the current year with the CKD production in Indonesia,” added the report.
KTM is all set to introduce a total of five new 490 range of bikes in 2022 ...
The 2021 KTM 890 Duke is likely to be launched in the Indian market by the end of this year. ...
Tell Us What You Think
500 characters left