Bajaj, Kawasaki, KTM looking for a joint deal

Rajiv BajajPerhaps even the slot of India's second-largest two-wheeler manufacturer and the world's fourth largest position is not sufficient enough for the MD of Bajaj Auto, Rajiv Bajaj.

It has been learned that the top manager at Bajaj is now looking at Austria's sports bike maker KTM and Japan's Kawasaki, the allies of the company to strike a joint deal together. It is expected that the deal, if goes through, among the three parties will create a powerhouse in the two-wheeler industry.

It has been learned from the sources that the three parties are currently in talks wherein the focus is on forming a global motorcycle alliance that will combine the R&D and global distribution strength of the respective companies.

Rajiv Bajaj, MD, Bajaj Auto said that while the two parties are very keen on learning the low-cost manufacturing technique and Bajaj is also looking at broadening the relationship with the two companies. It is to be mentioned here that the home-grown two-wheeler major already uses Kawasaki network in SE Asia, Latin America.

Moreover, going forward, the deal is expected to bring deeper ties among the three giants in their respective segments.