Bajaj Auto is set to launch two new Triumph bikes in the 40 0cc segment, sources have told CNBC-TV18 on August 7. The two new Triumph street bikes are likely to be launched ahead of the festive season.
These bikes will have new designs and price points to help grow sales to 10,000 per month, sources added.
The development comes months after the two-wheeler manufacturer had announced that it aims achieve its target of producing 10,000 units of its Triumph motorcycles each month by September.
"I would pin that in the first half (of fiscal 2025)," Dinesh Thapar, Bajaj Auto's financial chief, said in a post-earnings call when
asked about the goal's trajectory.
"Consider between now and September," he said.
Bajaj Auto ramped up its repertoire of premium brands, which includes KTM and Dominar, partnering with British bike-maker Triumph. It launched two locally made bikes under the partnership in July last year.
(With inputs from Reuters)
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