Business Standard

Sunday, December 29, 2024 | 04:00 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Amid slowing market, Bajaj Auto aims to do a KTM with the Husqvarna

Firm plans to cement its position in the premium segment with the brand

Husqvarna Motorcycle
Premium

Husqvarna Motorcycle

Shally Seth Mohile Mumbai
Bajaj Auto is aiming to cement its position in the premium segment with the launch of the Husqvarna Motorcycle brand amid slowing sales in the broader motorcycle market.

Like KTM Motorcycle, the Pune-based firm is expecting the 103-year-old Swedish brand to create a segment in the motorcycle market and become a volume spinner in its niche portfolio of motorcycles created over the past decade, said a top official. 

“Over the medium term — in three years from now — we expect Husqvarna to become as big a brand as KTM is today,” said Sumeet Narang, president, Probiking business unit at Bajaj Auto. 

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in