Bajaj Auto and Triumph Motorcycles announced a global partnership last week. Now, both the companies have commenced the development of a new middleweight motorcycle.
Speaking to Business Standard, CEO of Triumph Motorcycles, Nick Bloor confirmed that both the companies have started the development of new range of mid-capacity motorcycles.
Bloor said, "We have already started the development between the two companies for this new range of motorcycles, and will update you with timings, etc., nearer the time." The statement suggests that there will be several variants of the motorcycle such as naked and faired.
Bloor also revealed that the motorcycles developed from the partnership will be sold in India and will be exported to Triumph's existing markets and Bajaj Auto's international markets.
Bloor also stated that the partnership would develop only mid-capacity motorcycles ranging from 400cc to 800cc. Bajaj is trying to target the segment dominated by Royal Enfield. Expect the new motorcycle to hit the market in the next three to four years.
Currently, Triumph has a CKD (Completely Knocked Down) facility in Manesar, Haryana and will continue to assemble its current range of motorcycles. Bloor stated that there would be no overlap in the domestic or international market as Bajaj has already partnered with KTM and Husqvarna.
The premium motorcycle segment is rapidly growing in India. Sighting this development, Triumph Motorcycles chose to partner with Bajaj Auto. Both the companies will develop a range of premium middleweight motorcycles for India and foreign markets.