08-November-2025
Corporate News
 
KTM turnaround: Bajaj Auto mulls shifting more production to India, job cuts
08-Nov-2025

Bajaj Auto, which is set to take majority control of KTM AG, is looking at various options, including moving more production to India and job cuts as part of plans to reduce costs at the financially troubled Austrian bike maker, a senior company official said on Friday. The Pune-based two and three-wheeler maker is expected to get required regulatory approvals and gain majority control over KTM AG by mid-November, Bajaj Auto Executive Director Rakesh Sharma told reporters in a Q2 earnings call.

News Source:- https://economictimes.indiatimes.com/industry/auto/two-wheelers-three-wheelers/ktm-turnaround-bajaj-auto-mulls-shifting-more-production-to-india-job-cuts/articleshow/125162979.cms