Bajaj Auto plans overhaul for KTM amid market challenges
after close1 source ↓written by the desknot a recommendation
- to revitalize
- €800 million
Bajaj Auto Ltd is initiating a significant turnaround plan for KTM, its largest acquisition, aiming to enhance profitability as it faces declining market share in India. The overhaul comes amidst an inventory spike and a commitment of €800 million to revitalize the brand. This strategic move may impact investor sentiment positively.
Not investment advice. For informational purposes only.