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The company did not answer questions about KTM investment gains.
"The pattern between Suzuki's gain from Maruti Suzuki and Bajaj's gain from KTM is similar, one is a run for the country, the other an influx." Both Maruti Suzuki and KTM have been successful year after year in terms of volume and profitability, "said Ashim Sharma, Partner and Group Leader at Nomura Research Institute Consulting.
The magnitude and size of Suzuki's revenues are obviously larger and he has earned a record of 55.75 billion rupees in Maruti royalty and dividend income during the 2017-18 period. Again, KTM's Bajaj gains have been steadily increasing year after year, similar to Suzuki's earnings growth in recent years.
The year 2017 was a new record year for KTM, with the largest sales and the highest business figure in the history of the company. It sold 238,408 motorcycles, up 17% year on year and recorded a turnover of 1.33 billion euros (about 101 billion rupees), an increase of 17%. Its profit rose 10% to 78.9 million euros (6 billion rupees).
Over the years, India has become a KTM bicycle production center. In 2017-2018, Bajaj Auto manufactured 98,132 KTM brand bike units at its Chakan (Maharashtra) plant. Of these, 46,321 units were sold domestically and 53,211 units were exported worldwide.
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