New Delhi: Austria-based KTM Sportmotorcycles AG said it plans to expand its manufacturing capacity in India to one lakh units by 2016 from 30,000 now. The company also said it also plans to manufacture Husqvarna bikes at partner Bajaj Auto's (BAL) Chakan facility in the next two years.
The sports motorcycle maker, which sold 7,500 units in India last year, aims to sell around 11,000 bikes this financial year.
Earlier in January this year, KTM, in which Bajaj Auto owns 47 per cent stake, acquired 100 per cent stake in cult motorcycle brand - Husqvarna from its German rival BMW Motorrad.
Currently, KTM makes three motorcycles – Duke 125, Duke 200 and Duke 390 — at Bajaj's Chakan plant in Pune. While the Duke 200 and the 390 are sold in India priced at Rs 1.50 lakh and 2.04 lakh, respectively, (on-road, Delhi), the Duke 125 is only for exports.
By 2014-end, KTM expects to sell five-six different models in India, and plans to launch the RC 390 next year and the Duke 690 by 2015.
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