In news that would bring a smile to motorcycle fans of the country, KTM India has lowered the prices of both its models in the country the 200 Duke and the 390 Duke. The 390 Duke is now priced at Rs. 1,80,942 (Ex-Showroom New Delhi) which means a price reduction of almost Rs. 5600 while the 200 Duke is now priced at Rs. 130787 (Ex-Showroom New Delhi) resulting in a price reduction of almost Rs. 4,500.
KTM-Sportmotorcycle AG is an Austrian motorcycle manufacturer, which was formed in 1992 but traces its foundation as early as in 1934. In 1992 the company was spun-off from its parent company KTM when it ran into financial troublesAt present KTM AG is 51% owned by CROSS KraftFahrZeug Holding GmbH, a subsidiary of CROSS Industries And and 47% owned by Bajaj Auto. CROSS Industries is founded by KTM’s current CEO Stefan Pierer.
‘We have decided to pass on the entire benefit of the excise duty cut to our customers. Sales of both the 200 and the 390 Duke has been constantly on the rise and the revised prices will ensure even faster growth ’ said Mr. Amit Nandi, Vice President – KTM, Bajaj Auto Limited.
