 "Sumeet Narang, president of Probiking at Bajaj Auto, at the launch of KTM Duke 790 on Monday | Photo: Kamlesh Pednekar")
KTM AG, the Austrian maker of motorcycles partly owned by Bajaj Auto, plans to launch three new models and a few refreshes of existing ones this financial year.
On Monday, the company, in which Bajaj owns 48 per cent stake, entered the super-bike segment with the Duke 790. Priced at Rs 863,945, the model went on sale from 460 Bajaj Probiking showrooms.
Notwithstanding slowdown in the broader two-wheeler market, Bajaj envisages sales of KTM motorcycles to grow by a third in 2019-20. It sold 50,000 units last year, said Sumeet Narang, president, probiking, at Bajaj Auto. He attributed the expectation to the
