Bajaj, Kawasaki to make motorcycle

Bajaj, Kawasaki to make motorcycle

MUMBAI, India: India's Bajaj Auto Ltd. and its technology partner, Japan's Kawasaki Heavy Industries Ltd., are exploring the possibility of sharing equity investment in motorcycle manufacturing, reports the Hindu Business Line.

Rajiv Bajaj, president of Bajaj Auto, said there is a greater likelihood of the two parties co-investing in operations abroad, and cited Indonesia as one such location, according to the report.

Bajaj Auto has expertise in small motorcycles and Kawasaki wants to gain presence in that segment, the report says.

A Kawasaki team is expected in Pune, India, where Bajaj Auto's plant is located, on March 11 for discussions.

Rajiv Bajaj said spinning off Bajaj Auto's motorcycle operations into a separate company with Kawasaki as a stake holder is another option being considered. In April, Bajaj Auto and Kawasaki will launch a 125cc "global bike". -Dow Jones