Bajaj Auto, India invests EUR 50 million in European JV to support KTM operations
On March 31, 2025, Bajaj Auto announced its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIH BV), subscribed to EUR 50 million worth of convertible bonds issued by Pierer Bajaj AG (PBAG). The funds will support KTM AG, a European motorcycle manufacturer, in resuming production and covering ope