Sunday, March 8, 2009

Bajaj to Roll out KTM Bike by May

09/03/2009 The Economic Times

The countrys second-largest two-wheeler maker Bajaj Auto is expected to roll out the first of its KTM bikes in India to coincide with the festive season this year, reports Our Bureau.

According to company officials, KTM bikes, initially launched as completely knocked down (CKD) kits , will happen by the second half of the next fiscal. However, for Bajaj Auto, excitement with the niche high-end bikes will begin in mid-May, when the Kawasaki Ninja 250R is expected to hit the roads. Its price tag is expected to be in the range of Rs 2.5-3 lakh, company officials said.

Bajaj Auto MD Rajiv Bajaj has been quoted as saying that the Kawasaki Ninja 250R would come in as a CBU product, priced at over Rs 2 lakh. Meanwhile, the automotive major is rolling out its latest offering, the XCD 135 cc DTS-Si bike, which is available with drum brakes.

Vikalp Kapoor, regional manager, two-wheeler sales, Maharashtra, said the bike, fitted with disc brakes, will come into the market by the weekend. It is priced at Rs 47,000, ex showroom Pune. The entry-level XCD 135cc bike is priced just Rs 2,000 more than the XCD 125 cc, at Rs 43,000.

Bajaj Autos move to strengthen its position in the value segment will see the launch of two bikes over the next 4-5 months, starting with a 125 cc bike by March-April and another by May-June.

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