Tuesday, September 19th, 2017 09:02:26
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BAJAJ and Triumph to Take Cruiser Segment by 2020  




BAJAJ and Triumph to Take Cruiser Segment by 2020  Business

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British motorcycle manufacturer Triumph and Bajaj are into partnership since 8th August this year, but the customers have to wait 3 years for the first product of the collaboration and reports suggest that it will a sub-800cc motorcycle. The news of partnership and producing the bike together its been in the air for a while, the MD of Bajaj Auto, Rajiv Bajaj has revealed much other information’s also related to manage and sell’s.

The first step will start by taking over Triumph dealerships in India, a new manufacturing facility will be set up at Chakan outside of Pune. They are still working on total capital required to be invested, and the number of the total production facility. Bajaj will also manage the full fledged Triumph in India, Sri Lank, Bangladesh, Nepal, Myanmar, Colombia and most of Africa.

Some More Collaborations of Indian Brands

Bajaj-KTM-Husquvarna – Bajaj started to purchase the shares of KTM in November 2007, they acquired 14.5% stake in KTM Power Sports AG, then the two companies had signed a cooperation deal, according to that KTM will give the information about development of the water-cooled four-stroke 125 and 250 cc engine, and Bajaj will take over the distribution of KTM products in India and to some other Southeast Asian nations, Bajaj held 47.96% stake in the company as of 31 March 2013.

Furthermore, Bajaj and KTM bought the second oldest motorcycle manufacturer in the world, they bought Husqvarna on the occasion of their 10-year partnership.

TVS and BMW – These two companies entered into the partnership around 2015, the partners will share resources to build a new series of sub-500cc motorcycles, right now they have 2 bikes coming in the next coming years, named TVS Apache 300 and BMW g310r.

Hero and Honda – The two companies started their joint-venture in the year 1983, since then there was no turning back and Hero Honda became world’s largest producer of two-wheelers. The venture came to an end in the year 2010 when Honda decided to pull out owing to their independence.

All in all, the cruising segment will get a new bike to compete with in the near
future, plus it’s not just a bike its Triumph and Bajaj 500cc bike it may change
the game forever.

 Content by: Tohid Sheikh       

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