Bajaj Auto and Triumph have announced their agreement. In this regard, Bajaj and Triumph held their first joint press conference on Friday. It is a non-equity agreement and now these two companies have come into long-term partnership. Triumph is famous for large capacity bikes. At the same time, Bajaj Auto is considered famous in the segment of small motorcycles. The two will plan together for a mid-capacity motorcycle.
The two companies will help each other
A new engine platform will also be introduced. It will be used by the upcoming motorcycle of Triumph. The two companies will collaborate on design and engineering. Bajaj will make these motorcycles exclusively for India and the global market. Bajaj will distribute Triumph’s all-capacity motorcycle in India and some other markets.
With this, Triumph will also sell bikes in the global market which will also include co-developed bikes. In the Indian market, the price of a new motorcycle will be less than 2 lakh rupees. This bike will be available from 2022.
Bike will bring the price below Rs 2 lakh
The most expensive bike of Bajaj in India is Dominar 400 priced at Rs. 1.90 lakh whereas the most economical bike of Triumph is priced at Rs. 8 lakh. It will be seen that both of them bring 250-750cc bikes at a low price of 2 lakh rupees. Royal Enfield has shown that it is possible with the Interceptor 650.
It is likely that both engines will be single cylinder units. No information has been given about the specifications of the bike yet, the company can disclose about it in the coming days.