<<http://economictimes.indiatimes.com/News/News_By_Industry/Auto/Two-whe elers/Bajaj_to_launch_KTM_Kawasaki_bikes_in_18_months/rssarticleshow/401 3940.cms>>
Bajaj Auto will launch sports bike Ninja 250 from technology partner Kawasaki's stable in May. It will introduce a few motorcycles from Austrian firm KTM next year. It is also jointly developing some bikes with KTM for the Indian market that will hit the road subsequently. Bajaj owns nearly 30% stake in KTM. "While the Kawasaki Ninja will be introduced as a completely-built unit, we will assemble KTM's bigger bikes, like the Duke and RR, at our Chakan facility. Their introduction has been delayed a bit. We are also developing two bikes with engine capacity above 125cc with KTM that will hit the market next year," Bajaj Auto MD Rajiv Bajaj said. Cheers, Hrishikesh Deshpande ------------------------ I need a faster bike. Age is catching up... This e-mail (including any attachments) is confidential, may contain proprietary or privileged information and is intended for the named recipient(s) only. Unintended recipients are prohibited from taking action on the basis of information in this e-mail and must delete all copies. Nomura will not accept responsibility or liability for the accuracy or completeness of, or the presence of any virus or disabling code in, this e-mail. If verification is sought please request a hard copy. Any reference to the terms of executed transactions should be treated as preliminary only and subject to formal written confirmation by Nomura. Nomura reserves the right to monitor e-mail communications through its networks (in accordance with applicable laws). No confidentiality or privilege is waived or lost by Nomura by any mistransmission of this e-mail. Any reference to "Nomura" is a reference to any entity in the Nomura Holdings, Inc. group. Please read our Electronic Communications Legal Notice which forms part of this e-mail: http://www.Nomura.com/email_disclaimer.htm
