India's second largest two-wheeler company Bajaj Auto is all set to launch its first KTM bike in India, in May 2009.
The Pune-based Bajaj Auto Limited will now be adding two international brands, Kawasaki and KTM to its portfolio, to rejuvenate its market share in the two-wheeler segment.
Two-wheeler major Bajaj Auto has hiked its stake in Austrian motorcycle manufacturer KTM to 25 per cent from the current 14.5 per cent.