Austria's sports bike maker KTM plans to roll out Husqvarna brand in India by 2020 and production at partner Bajaj Auto's Chakan plan is expected to begin in late 2019, reports PTI from Milan. The company will use Bajaj Auto's Chakan plant to roll out the brand in the country. KTM already has an installed capacity to produce 1 lakh KTM bikes at Chakan.
It plans to add another capacity of 1 lakh units for Husqvarna brand, taking the total capacity to 2 lakh units per annum for both KTM and Husqvarna brands. "It has been agreed upon and they (Husqvarna bikes) should be launched in India by 2020. That means by the end of 2019 the manufacturing should begin at Chakan," said KTM CEO Stefan Pierer.
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