KTM’s high-end cycles could cost Rs. 10 lakh!
KTM cycles will now be sold in India. According to a media report, the premium cycles will be priced in the range of Rs. 30,000 and Rs. 10 lakh.
KTM has partnered with AlphaVector to distribute its premium cycles in the country. The company has its presence in over 350 Indian cities.
According to Sachin Chopra, Co-Founder and CEO, AlphaVector, the premium cycle segment is witnessing growth in India, especially in metro cities. The company expects markets of Delhi, Mumbai, Bangalore, Chennai, Pune and Hyderabad to account for 75% of the demand.
KTM has a large portfolio of premium cycles. The company offers everything from Kids bikes to Road cycles, MTBs, Off-road bikes and even electric bikes.
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