Bajaj Auto to set-up new Rs 650 crore units in Maharashtra
Bajaj Auto, among a leading global two-wheeler and three-wheeler manufacturer, announced that it had signed a Memorandum of Understanding with the Government of Maharashtra to set up a manufacturing facility on a proposed investment of Rs.650 crores in Chakan, Maharashtra.
The facility is expected to commence production in 2023. It will be utilized for manufacturing high-end KTM, Husqvarna and Triumph motorcycles, and electric vehicles starting with Chetak.
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