Bajaj Open to a Strategic Investor in KTM, With Expanded Indian Production as the Condition

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Bajaj of India, now KTM's largest shareholder, has signalled openness to taking on a strategic investor. Vice-president Rakesh Sharma explained that they are not looking for a partner right this moment but are open to a tie-up. Any investor, however, would need to fall in line with Bajaj's long-term policy of shifting production to India.