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Bajaj Auto is set to take majority control of KTM by investing ₹7,765 crore through its global arm. It also plans to take over PBAG, KTM’s parent company, pending regulatory approval in Austria.
Currently, Bajaj indirectly owns 37.5% of KTM but is now on track to become the majority owner.
Why it matters: KTM is under financial stress and undergoing a court-approved debt restructuring. Bajaj’s timely investment is critical, as KTM must settle 30% of creditor claims by May 23 to avoid insolvency.
The deal not only stabilises KTM but also expands Bajaj’s global footprint in the premium motorcycle market—a space it’s been eyeing for deeper expansion.
Zoom out: KTM’s global sales, 2.7 lakh units annually across Europe and the US—will now reflect in Bajaj’s consolidated numbers, giving it a wider topline boost and stronger export muscle.
