KTM's current bikes to be replaced by all-new range in 2017

KTM is looking to phase out its current range of motorcycles by the end of 2016. The company plans to launch a new range of bikes in 2017.

The existing range of KTM bikes manufactured in India consists of the Duke (naked) and RC (faired) models in 125cc, 200cc and 390cc versions. While the 200cc and 390cc versions are sold in India as well as export markets, the 125cc version is only for export markets.

The new models will be built on all-new platforms and have new engines. They will be manufactured at the Bajaj Auto's Chakan plant, near Pune, Maharashtra.

In the calendar year 2015, KTM had set itself a target of selling 1,80,000 units globally. For the calendar year 2016, the company has raised this target to 2,00,000 units. KTM also plans to increase the production capacity of the Chakan plant from 60,000 units to 1,00,000 units.

Source: Money Control