India's second biggest two-wheeler manufacturer, Bajaj Auto will continue strive hard on making its dreams come true with the KTM bikes a reality. In fact, the company's plans also include a gradual increase in its stake in the Austrian bike maker.

However, in an earlier announcement, CROSS Industries AG, the promoters of KTM, had clarified that it would like to be a minority stake holder in KTM and will always hold more than 50% stake in the company. Bajaj currently holds 36% in the company and has no short-term plans of raising its stake.

In fact, Rajiv Bajaj, MD, Bajaj Auto recently said that the stake is a means to an end and the company does not want to become a financial investor in the company.

The duo plans to launch its products in Europe this year and will be brining them to the Indian market next year. It is believed that the low-cost advantage that Bajaj has will be giving high margins to both the parties in case of the KTM products in the Indian market. KTM bikes are based on the platform of low-capacity and high performance bikes.