Bajaj Auto targets 25%+ capacity expansion, 10 launches and wider Chetak EV rollout
Bajaj Auto plans to lift annual capacity from 7.11 million to more than 9 million units over the next few quarters, launch or upgrade 10 motorcycle models from August, and expand Chetak EV availability. The company is also open to a strategic partner for KTM, though it is not actively seeking one.
Bajaj Auto plans over 25% Indian capacity expansion, 10 motorcycle launches and broader EV availability as Chetak demand exceeds production. It is open to a KTM strategic partner but is not actively seeking one, after taking effective control of KTM.
Why this matters
The plan extends Bajaj Auto's recent capacity push, including a planned 20% increase as Chetak demand outpaced supply and higher Chetak capacity ahead of an FY28 international electric motorcycle launch.
Retail-company is accelerating, up 965300% QoQ.