It would be great to have Indian Ownership of KTM, but also need to be careful about the financials, I hear KTM has a lot of outstanding debt.
Yeah, and Bajaj just took a loan to pay it off. About $900 million.
It would be great to have Indian Ownership of KTM, but also need to be careful about the financials, I hear KTM has a lot of outstanding debt.
@Parthu
When TVS purchased Norton Motorcycles, I had hopes for some of Norton's products to makes it to the Indian market. Still nothing on that yet. Even if they do make it to India, it will probably be very expensive as Norton's manufacturing will be done in the UK. I hope Bajaj does a better job with KTM.
Ironically the only real innovator in the Indian 2-wheeler market in the last decade has been RE.