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Bajaj Auto close to forming an alliance on motorbikes, says CFO Kevin D'sa

When asked about product segment that the alliance would be in, D'sa said it would be in motorcycles

Reuters  |  Mumbai 

Bajaj Auto is close to forming an alliance but the name of the other party would be announced once the formalities were completed, Chief Financial Officer Kevin D'sa told analysts at a post-earnings call on Friday. The comment, initially made at Bajaj Auto's annual meeting late on Thursday, sparked speculation in local media that the Indian motorbike manufacturer may be close to a partnership or deal with iconic European motorcycle brand Ducati, which is being sold by Germany's Volkswagen.  Reuters on Thursday reported that besides Italy's Benetton family and ...

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First Published: Fri, July 21 2017. 16:20 IST