EXPORT IMPORT DATA

Date : 26-Mar-2014
Subject : Bajaj Auto to export made-in-India KTM Duke 200 and 390 to China

Bajaj Auto is facing slowing down sales in India and is therefore looking at the export market for solace. Like India, China is a huge bike market but Bajaj doesn’t have a presence in that country. Bajaj is planning to make its Chinese debut with KTM Duke motorcycles. From this week, the KTM Duke 390 will be exported to the Chinese market.

Bajaj will follow a top down approach for the Chinese market by first launching the Duke 390 and then following it up with the Duke 200. Both the Duke 200 and 390 are built at Bajaj Auto’s factory in Chakan, an industrial township near Pune. Bajaj Auto will initially export 9000 bikes a month to China.

In a year’s time, Bajaj plans to increase this number by a whopping 10 fold. For Bajaj, which is presently exporting 1 lakh bikes a month to countries around the world, China presents an opportunity to double its exports as the company seeks to export 90,000 KTM bikes each month to China next year.

Bajaj Auto holds a near 50% stake in KTM. While KTM handles the research, design and development of world class sportsbikes, Bajaj Auto brings its manufacturing expertise to the equation. The Pune headquartered Indian two wheeler giant produces bikes for a fraction of a cost when compared to what KTM would need to spend to build bikes in Europe.

These cost savings allows Bajaj to sell KTM bikes at a very competitive price in the former’s home market of India. By using Bajaj Auto’s factory as a low cost manufacturing base, Austrian bike maker KTM is able to earn big profits when it sells the Duke 125, 200 and 390 models in European and other developed countries.

Soon, KTM and Bajaj will launch fully faired bikes based on the Duke platform. The KTM RC 125, RC 200 and the RC 390 will be exported to markets around the world and China could also be a major export destination for these bikes. In India, Bajaj and KTM will sell the RC 200 and RC 390 fully faired sportsbikes.

Source:- indiancarsbikes.in


Welcome Guest
User Login
Username or Email
Password
» Register Now
» Forgot Password ?

Enquiry Form
Name*
Company Name
Company Address
Phone*
Email*
Products
Information Sought
Image Verification
*Compulsory Fields

EXIM NEWS - EXPORT IMPORT
  • Indian Oil Gives Lng Storage Tank Contract To Japan's Mhi
    Indian Oil Corporation, The Country's Largest Fuel Retailer, Has Awarded A Contract To Build Two Football Stadium-Sized Lng (Liquefied Natural Gas) Storage Tanks At Its Upcoming Ennore Lng Import Terminal In Tamil Nadu To Japanese Firm Mitsubishi Heavy Industries Ltd (Mhi).
  • India Coal Imports Flat In June As Local Supply Jumps – Trade
    India’S Coal Imports In June Were Largely Flat At 20.18 Million Tonnes From A Year Ago, Provisional Data From Commodities Trader Mjunction Showed, As State Behemoth Coal India Ramped Up Supplies Under A Sustained Government Push.
  • Export-Spec 2016 Ford Ecosport Facelift Spied Testing In India
    Soon After Bookings For Updated Ecosport Commenced In Europe, Spyshots Of The Car Testing In India Have Emerged. First Consignment Is Expected To Leave From India Shortly.
  • Govt Takes Steps To Boost Pharma Exports
    In A Bid To Boost Pharmaceutical Exports, The Government Is Considering Various Steps Including Setting Up Of Inter-Departmental Committee To Look Into Export-Related Issues Besides Developing Awareness Programmes That Are Suitable For Emerging Markets Like Africa.
  • Marine Exports Grow By 17.55%, Touch 1,363Cr
    The Coastal City Has Shown Robust Performance In The Export Of Marine Products In 2014-15. Mangaluru Has Registered A Growth Of 17.55% In Terms Of Quantity. The Value Of The Catch Exported Is At Rs 1,363 Crore.
  • Rupee Still Down By 17 Paise At 63.61 Against Us Dollar
    The Rupee Turned Weak After Last Week's Four-Day Gain, Still Down By 17 Paise At 63.61 Against The Us Currency In Late Morning Trade On Fresh Dollar Demand From Banks And Importers Amid Higher Dollar Overseas.
  • India Coal Imports Flat In June As Local Supply Jumps – Trade
    India’S Coal Imports In June Were Largely Flat At 20.18 Million Tonnes From A Year Ago, Provisional Data From Commodities Trader Mjunction Showed, As State Behemoth Coal India Ramped Up Supplies Under A Sustained Government Push.
  • India's April-June Coffee Exports Up 11.49%
    Coffee Exports Rose 11.49 Per Cent To 92,368 Tonne In April-June But The Unit Value Realisation Was Lower Due To Sluggish Global Prices. The Country Had Shipped 82,844 Tonnes Of Coffee In The Year-Ago Period.
LATEST NOTIFICATIONS