BAJAJ AUTO TO OPEN CKD PLANT FOR ASSEM­BLY OF KTM BIKES IN IN­DONE­SIA

Marwar - - All Things -

Bajaj Auto plans to open a ‘com­pletely knocked down’ (CKD) plant in In­done­sia later this year for the lo­cal assem­bly of KTM mo­tor­cy­cles, the Aus­trian brand with which it en­joys a strate­gic part­ner­ship. The de­ci­sion to set up the CKD plant fol­lows the ris­ing de­mand for the Aus­trian brand mo­tor­cy­cles in the coun­try. KTM is said to have en­tered the In­done­sian mar­ket last year via Bajaj Auto’s 100 per cent sub­sidiary, PT. Bajaj In­done­sia. Cur­rently, all KTM bikes en­ter the coun­try as com­pletely built units from the group’s Chakan fa­cil­ity. Bajaj Auto, the flag­ship com­pany of the Bajaj Group, ranks among world’s largest two- and three-wheeler man­u­fac­tur­ers.

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