KTM to roll out Husqvarna brand in India by 2020

Source: The Hitavada      Date: 14 Nov 2017 11:19:17


By Munish Shekhavat

MILAN,

Nov 13,

(PTI),

AUSTRIA’S sports bike maker KTM plans to roll out Husqvarna brand in India by 2020 and production at partner Bajaj Auto’s Chakan plant is expected to begin in late 2019. The company will use Bajaj Auto’s Chakan plant to roll out the brand in the country. KTM already has an installed capacity to produce 1 lakh KTM bikes at Chakan.It plans to add another capacity of 1 lakh units for Husqvarna brand, taking the total capacity to 2 lakh units per annum for both KTM and Husqvarna brands.

“It has been agreed upon and they (Husqvarna bikes) should be launched in India by 2020. That means by the end of 2019 the manufacturing should begin at Chakan,” KTM CEO Stefan Pierer told PTI on the sidelines of EICMA 2017 here. The company plans to roll out products from Husqvarna’s White Arrow and Black Arrow brands from Chakan, he added. The company looks to bring the bikes with engine capacities ranging from 150 cc to 390 cc on platforms which are similar to that of KTM. KTM currently manufactures Husqvarna bikes in Austria.

When asked about manufacturing capacity at Chakan for both KTM and also Husqvarna brands, Pierer said: “This year we are already touching 1 lakh units with KTM programme. With Husqvarna, we want to double it to 2 lakh units.” KTM sold over 40,000 units last year in India.