Categories: Car News

Bajaj Auto Increases Stake In KTM To 38 Percent

Netherlands based subsidiary of Bajaj Auto, known as the Bajaj Auto International Holdings have purchased 244000 shares of KTM power sports, an off-road bike manufacturer increasing its total stake in KTM to a total of 38.09 %.

This is a strategic move which will help both Bajaj and KTM in the long run as KTM is about to launch its off-road bike KTM Duke 125.

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