It will take at least two years for the commercial launch of the first of several mid-capacity bikes that Triumph and Bajaj Auto are planning for India and global markets.
The two companies, who have been in talks for more than two years now, are expecting to sign a much-delayed formal agreement in December, a senior Triumph official told Moneycontrol on the sidelines of the EICMA event.
Steve Sargent, Chief Product Officer, Triumph Motorcycles, said, “We have been working with Bajaj (Auto) for a couple of years now and we are close to finalising an agreement with them. Our cooperation on product development has been progressing well.”
UK-based Triumph said it has already developed a prototype, which has been undergoing several rounds of testing. The initial design and styling of the bike is also in advanced stages. Rajiv Bajaj, Managing Director, Bajaj Auto, visited the UK in October to check progress on the product.