US EditionBajaj-Teaser Causes a Stir: Will KTM's Future Be Manufactured in India?
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8 Articles
der Standard AT
der Standard DEThe co-owner of KTM brought India into play as a production location. KTM assured that there are currently no plans for a relocation
KTM has survived the insolvency, the rest is quite satisfactory according to the company. But now the Indian investor is considering the location of the production.
Statements by Rajiv Bajaj, head of KTM co-owner Bajaj Auto, on Indian television cause concern: In an interview with an Indian broadcaster, he listened with the sentence that production in Europe is dead, and rang out that KTM could also produce in India. KTM has survived the insolvency, according to the company, the rest is quite satisfactory. The company was saved thanks to an 800 million euro cash injection from co-owner Bajaj. In return, how…
"European production is dead": statements by KTM co-owner Bajaj cause a stir. In Mattighofen, however, there is an effort to calm down.
Rajiv Bajaj, head of the KTM co-owner Bajaj Auto, causes excitement with statements on Indian television – especially at the KTM site in Mattighofen. Bajaj said in view of the high costs in Europe: "European production is dead.
Bajaj-Teaser Causes a Stir: Will KTM's Future be Manufactured in India?
The relaunch of the long-established motorcycle manufacturer KTM after overcoming insolvency is being overshadowed by new uncertainties. Statements made by Rajiv Bajaj, CEO of Indian major shareholder Bajaj Auto, have sparked a heated debate about the future of the production site in Mattighofen.
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