*KTM Turns Indian* 🏍️🛣️💰 Bajaj Auto, through its wholly-owned Netherlands-based subsidiary Bajaj Auto International Holdings BV (BAIHBV), is _*poised to become the majority owner of Austrian motorcycle manufacturer KTM AG*_. 💰 Bajaj Auto first acquired a 14.5% stake in KTM in 2007, gradually increasing it over the years. By 2013, Bajaj held approximately 48% of KTM. _*In 2021, Bajaj restructured its holdings, swapping a 46.5% stake in KTM AG for a 49.9% stake in PTW Holding AG*_, the parent company of KTM Group (which includes KTM, Husqvarna, and GasGas). 🏍️🤝 And now, as KTM navigates a critical financial restructuring process, Bajaj has arranged a _*€800 million (approx ₹7,200 crore) debt funding package to support KTM's revival*_, which includes settling creditor obligations and infusing fresh capital into the company. ✅ From the €800 million debt funding, _*BAIHBV has secured a €566 million unsecured loan from financial institutions*_ including JP Morgan Chase Bank NA, DBS Bank Ltd, and Citigroup Global Markets Asia. 😳 Now by taking control of KTM, _*Bajaj Auto significantly strengthens its position in the premium and sports motorcycle segment globally*_, expanding its international footprint and access to advanced motorcycle technology. 💪🌐