As reported earlier, Austrian sports bike maker KTM was developing a motorcycle for Indian market in association with Bajaj Auto. Now, the company has announced that it will launch the bike at Auto Expo 2012 to be held next year in Delhi. Bajaj-KTM has already launched its first co-developed bike in Europe in March this year.
“During the Delhi Auto Expo next year, we will be launching the first 200-cc Duke bike in India,” Cross Industries AG CEO and also the CEO of KTM Sportmotorcycle AG , Stefan Pierer, told media. The bike will be produced at the Pune facility of Bajaj Auto, he added.
It was also mentioned that when asked about the company’s sales target in India, Pierer said: “We expect to sell 25,000 to 30,000 units in India in the first year of launch. After one year, we will launch the 350-cc Duke in India.”
KTM had launched the 125-cc ‘Duke’, developed jointly with Bajaj Auto, in Europe in March this year. “We have already sold nearly 7,000 units in Europe. We are targeting to sell about 10,000 units in Europe this year,” he said, it was mentioned.
