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
  • Iisco Steel Plant Sends First Export Consignment For Nepal Relief Work
    Steel Authority Of India's Newly Expanded And Modernised Iisco Steel Plant (Isp) At Burnpur, Dispatched Its First Export Consignment Last Week. The Consignment Is Bound For Nepal And Will Be Utilised For Urgent Rehabilitation Work In That Country Following The Series Of Massive Earthquakes That Hit The Himalayan Nation In April This Year.
  • Pm Modi Calls For Exploring All Possibilities Of Sugar Export
    Prime Minister Narendra Modi, On Saturday, Called For Exploring All Possibilities For Export Of Sugar. Modi Chaired A High Level Meeting To Review Issues Related To The Sugar Sector.
  • Exports To Power Ford's India Growth Strategy
    Us Car Major Ford Is Targeting To Export Over 2 Lakh Cars From India By 2020 As It Plans To Make The Country A Hub For Compacts, Mini Sedans And Small Suvs. The Plan Is To Export Half Of The Cars It Makes In India By That Time — At 2.2 Lakh Vehicles — And Sell Them Across Europe, Latin America And Africa.
  • Ntpc To Stay Away From Imports, Hopes To Generate Power With Domestic Coal Till
    Ntpc, India's Largest Power Producer And Coal Consumer, Will Not Place Any New Orders For Coal Imports During The Three Months To September, Marking The Second Successive Such Quarter Owing To Sufficient Stocks At Its Thermal Plants.
  • States Urge Centre To Hike Import Duty On Raw Silk
    The State Governments Of Karnataka And Andhra Pradesh Have Requested The Central Ministry Of Finance To Increase Import Duty On Raw Silk From The Current 10 Per Cent To 30 Per Cent Or At Least To 15 Per Cent.
  • India’S Kiocl Plans Iran Iron Ore Import
    India’S State-Owned Kiocl Will Import One Million Metric Tons Of Iron Ore From Gol Gohar Mining Company Of Iran, Media Reports Say. The First Shipment Is Expected Next Month By The Mangalore-Based Company Which Will Make Pellets And Export Them To Iran.
  • Onion Prices Up, Govt To Import 10,000 Tonne
    In The Past One Month, Onion Prices Have Soared By 25% In Delhi And By Almost 50% In Mumbai, Kolkata And Chennai. The Highest Increase Of Rs 27 Per Kg Has Been Recorded In Thiruvananthapuram. With Indications Of The High Prices Continuing For The Next Few Weeks, Government Is Set To Place Order For The Import Of 10,000 Tonnes After Opening Tenders Later This Week.
  • Rupee Appreciates Against Us Dollar
    Snaping Its Losing Streak, Rupee Jumped 20 Paise To 63.93 Against Dollar In Trade Today. The Domestic Currency Had Fallen 9 Paise To Settle At 64.13 Against The Greenback On Friday Amid Sustained Demand For The Us Currency From Banks And Importers.
LATEST NOTIFICATIONS