Austrian company KTM, where in India’s Bajaj Auto has a 48% of the share, just unveiled its highly anticipated Duke series such as the RC 200 and RC 390 Supersport at entry-level prices of around $2,621 and $3,300 respectively.
The RC 200 variant comes with a 199.5 cc engine of the Duke 200 while the RC 390 is equipped with Duke 390’s 373.2-cc engine. These motorcycles can compete toe-and-nail with Yamaha R15 and Honda CBR 250R price-wise.
Amit Nandi, senior vice-president, Bajaj Probiking, quipped that KTM’s sale has so far posted a strong growth of 120% compared to the same period last year. With the RC series the company expects to be the fastest emerging brand in the robust Indian market.
Stefan Pierer, the CEO of KTM stated that the company would manufacture at least 65,000 motorbikes at the Chakan plant of Bajaj Auto, of which 15,000-17,000 of these would be put up for sale in India and the remaining, shipped abroad.
In the viewpoint of KTM, Bajaj is their main ingredient in growing markets, while Bajaj sees the Austrian company as its entry to developed countries.
Bajaj already penetrated lucrative markets such as the United States, Canada and Japan with the aid of KTM and exporting Pulsars and Discovers to these markets is unnecessary said Rajiv Bajaj, MD, Bajaj Auto.