Bajaj Auto To Invest Upto €150 Million In Dutch Subsidiary

Bajaj Auto Limited has announced plans to invest up to €150 million in its wholly-owned subsidiary, Bajaj Auto International Holdings BV (BAIHBV) in the Netherlands. This strategic move aims to fund business expansion and cater to the growing needs of the company's international operations. BAIHBV has been instrumental in Bajaj Auto's global investments, including a significant stake in KTM Group, Austria. The investment will be made in a staggered manner, strengthening Bajaj Auto's position in the global motorcycle market. This decision comes as Bajaj Auto continues to see steady recovery in exports and record sales in South America, highlighting the company's focus on international growth.

 

Source: Bajaj Auto Limited Corporate Announcement