Professional Documents
Culture Documents
Company Towards
VKG BAJAJ KTM Kalaburgi________________________________________________
CHAPTER 1
• There were difficulties in obtaining data from executives and managers due to their
busy work schedule,
• An in-depth study of the company could not be carried out due to shortage of time.
• The reliability of data used for study is largely depends upon the companies reports
and the information given by executives.
• The company has the limitation to disclose their financial details. a detailed analysis
of financial performance of the company is not possible.
✓ Integrate and apply the theory and research skill ✓To understand the organizations
process.
✓ To help the student’s future organizational behaviour by understanding the
organization culture.
✓ To understand the current industrial situation.
✓ To know the strength, weakness, opportunities and threats of industry.
✓ Learn about one’s own abilities and aptitudes.
KTM is known for itsoff-road motorcycles(enduro, motocross and super moto). Since the late
1990s, it has expanded intostreet motorcycleproduction and developingsports cars– namely
theX-Bow. In 2015, KTM sold almost as many streets as off-road bikes. Production of the
KTM X-Bow started in 2007.
Since 2012, KTM has been the largest motorcycle manufacturer in Europe for four
consecutive years. Globally, the company is among the leading off-road motorcycle
manufacturers. In 2016, KTM sold 203,423 motor vehicles worldwide.
KTM 1953–1991:-
In 1953, businessman Ernst Kronreif became a sizable shareholder of the company which was
renamed and registered as Kronreif&TrunkenpolzMattighofen. In 1954, the R125
Tourist was introduced, followed by the Grand Tourist and thescooterMirabell in 1955. The
company secured its first racing title in the 1954 Austrian 125cc national
championship. In 1956, KTM made its appearance at theInternationalSixDaysTrialswhere
Egon Dornauer won a gold medal on a KTM machine.
In 1957, KTM built the Trophy125cc first sports motorcycle. KTM's firstmoped, called
Mecky, was launched in 1957, followed by PonnyI in 1960 and PonnyII in 1962 and
Comet in 1963. The 1960s also saw the beginning of the bicycle production in
Mattighofen.
Ernst Kronreif died in 1960. Two years later in 1962, Hans Trunkenpolz also died of a heart
attack. His son ErichTrunkenpolz took charge of the company's management.
As the company continued to expand, the workforce totaled 400 in 1971, and forty years after
it was founded, KTM was offering 42 different models. Besides, KTM was able to produce
motorcycles for the racing industry. During the 1970s and 80s, KTM also started to develop
In 1992, the company was split into four new entities: KTM Sport motorcycle GmbH
(motorcycles division), KTM Fahrrad GmbH (bicycles division), KTM Kühler GmbH
(radiators division) and KTM Werkzeugbau GmbH (tooling division).
CHAPTER2
ORGANIZATION PROFILE:
The company was started on 29 November 1945 and BAJAJ Auto comes into existence as
M/s Bachraj
Trading Corporation Private Limited. On 1960 BAJAJ Auto becomes a public limited
company. Bhoomi Poojan of Akrudi Plant. Or 19 January 1984 Foundation stone laid for the
new Plant at Waluj, Aurangabad. On November 2001 Bajaj Auto launches its latest offering
in the premium bike segment ‘KTM’, On October 2003 KTM DTS-I was launched.
➢ 1996: - Company was planning to set up a 31d manufacturing plant near Pune. To
house manufacturing facility for production of new generation 2 Wheelers with a
Production capacity of 10 lacks vehicles per annum.
➢ 1997: - The Company has introduced during the year under review, Boxer, a 4-stroke
motorcycle.
➢ 1998: - During this year the company launched its diesel. Autoriksha in Andhra
Pradesh.
➢ 2000: - Baja] Auto Ltd launched India’s first three speed, automatic four stroke
scooter ‘Safire’.
➢ 2001: - Bajaj Auto launched ‘Kawasake Bajaj Eliminator’ the country’s first cruiser
motorcycle.
➢ 2002: - Bajaj Auto Unveiled the ‘Boser AR’ touting the bike’s ability to tame any
terrian, to matter how challenging.
➢ 2004: - Bajaj Auto on January 15 unveiled its new corporate logo.
➢ Bajaj Auto inters Global alliance with Kawasake for Asian safari.
➢ Baja] Auto has unveiled its latest offering the Baja] ‘CTIOO’, a four stroke, 100CC
motorcycle.
➢ Bajaj Auto Ltd, Unveils its 1st product in Indonesia, Bajaj KTM DTS-T (Digital Twin
Spark Ignition), a 180-CC sport motorcycle in Novermer-9.
➢ 2007: - Bajaj Auto Unveils 4th KTM Variant.
Nature of Business
The most important equity holdings of KTM AG are KTM Sportmotorcycle GmbH,
Husqvarna Motorcycles GmbH, KTM Technologies GmbH, KTM Immobilize GmbH.
KTM AG with its registered office in Mattighofen produces and develops race-ready off road
and street motorcycles. The subsidiaries of KTM GROUP also include KTM-Racing AG and
KTM Sport car GmbH, among other.
❖ Vision:
Our vision is to create high performance motor vehicles that are never anything short
of premium and made from the highest quality components.
❖ Mission:
Focus on value based manufacturing and pollution free and safe environment.
❖Quality Policy
KTM stands for reliability and quality. Our faith in our products is such that we
provide a 24-month manufacturer’s warranty on our street motorcycles. Professional
servicing and inspections by authorized KTM dealers must be carried out to maintain
the right to claim under warranty.
Model Ex-
showroom
Price
KTM 200 Duke Rs. 1.76 Lakh
KTM 125 Duke Rs. 1.42 Lakh
KTM RC 200 Rs. 2 Lakh
KTM 390 Duke Rs. 2.57 Lakh
KTM RC 125 Rs. 1.59 Lakh
KTM RC 390 Rs. 2.53 Lakh
KTM 250 Duke Rs. 2.05 Lakh
KTM 390 Rs. 3.04 Lakh
Adventure
Product profile
Bajaj Auto is a major Indian automobile manufacturer. It is India’s largest and the world’s
4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in
Akurdi and Chakan (near Pune), Waluj (near Aurangabad) and Pantnagar in Uttaranchal.
Bajaj Auto makes and exports motor scooters, motorcycles and the auto rickshaw.
Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading
Corporation Private Limited. It started off by selling imported two- and three-wheelers ii
India. in 1959, it obtained license from the Government of India to manufacture two- and
threewheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977,
it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started
producing at Waluj in Aurangabad, in 1986, it managed to produce and sell 500,000 vehicles
in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold
I million vehicles in a year.
Founder: 1945
Rajiv Bajaj(M.D)
Employees: 10,250(2006-2007)
As of 2005, the Bajaj KTM Arguably from the most popular motor bike product in the newly
emerging 150 + CC class of Indian two wheeler market. Bajaj KTM directly competes with
several other Indian motorbike in this class, such has, CBZ from Hero Honda, Apache &
Fiero from TVS, Unicorn from Honda and a few models from Yamaha and Suzuki, to retain
Type corporation
Industry Motorcycle
Founded 1934
Headquarters Mattighofen,Austria
Parent KTM AG
Subsidiaries HusabergHusqvarna
Website ktm.com
ATWO-STROKE ENGINE
A two-stroke, or two-cycle, engine is a type ofinternal combustion enginewhich completes
a power cycle with two strokes (up and down movements) of thepistonduring only one
crankshaft revolution. This is in contrast to a "four-stroke engine", which requires four
Foundation
KTM in 2012
KTM in 2012
•Subsidiaries
In present KTM-Sport motorcycle AG has the following subsidiaries:
• KTM-Racing AG
• KTM Events & Travel Service AG
• KTM Dealer & Financial Services GmbH
• HusabergAB
• Husqvarna
• Joint Ventures
KTM started exporting their GS model to USA in 1968 through an American importer, John
Penton under the Penton brand. This JV lasted until KTM established KTM America Inc. in
Ohio in 1978.
In 2005, KTM-Sport motorcycle began a partnership
withATVmanufacturerPolarisIndustrieswith the goal of shared R&D, and more importantly
shared distribution networks. This partnership was a two-year trial arrangement, at the end of
which both parties had the option of merging the two companies into one. In 2006, KTM
announced that the partnership with Polaris had been downgraded, and would instead only
supply their 450cc and 510cc RFS engines to Polaris.
In January 2008, Bajaj announced that it would jointly develop two new 125cc and 200cc
bikes for Europe and the Far East. The bikes would be badged KTM. In January 2012, Bajaj
launched the Duke 200 model in India.
In 2015, KTM announced that it will invest US$5 million in a plant in the town of Campana
(Buenos Aires), and begin production in Argentina, one of the models of their bikes, for
which it will partner with SIMPA Group.
KTM 200 Duke Autocar Awards 2013
Viewer’s Choice
While some models of organizational effectiveness go in and out of fashion, one that has
persisted is the McKinsey 7-S framework. Developed in the early 1980s by Tom Peters and
Robert Waterman, two consultants working at the McKinsey & Company consulting firm.
• The McKinsey 7S model involves seven interdependent factors which are categorized
as either "hard" or "soft" elements:
Hard Soft
Elements Elements
Structure Skills
Systems Style
Staff
HARD “S”
• Strategy
The plan devised to maintain and build competitive advantage over the competition.
• Structure
The way the organization is structured and who reports to whom that will be decided
by the manager in the industry. Firstly the manager takes decisions on the bases of
given direction by the MD, and all the related decision is taken by the manager by
coordinating with the department heads. This type of procedure will be follow in the
industry.
KTM started exporting their GS model to USA in 1968 through an American importer, John
Penton under the Penton brand. This JV lasted until KTM established KTM America Inc. in
Ohio in 1978.
In 2005, KTM-Sport motorcycle began a partnership
withATVmanufacturerPolarisIndustrieswith the goal of shared R&D, and more importantly
shared distribution networks. This partnership was a two-year trial arrangement, at the end of
which both parties had the option of merging the two companies into one. In 2006, KTM
announced that the partnership with Polaris had been downgraded, and would instead only
supply their 450cc and 510cc RFS engines to Polaris.
In January 2008, Bajaj announced that it would jointly develop two new 125cc and 200cc
bikes for Europe and the Far East. The bikes would be badged KTM. In January 2012, Bajaj
launched the Duke 200 model in India.
In 2015, KTM announced that it will invest US$5 million in a plant in the town of Campana
(Buenos Aires), and begin production in Argentina, one of the models of their bikes, for
which it will partner with SIMPA Group. Initially produce the KTM Duke 200, a motorcycle
that the company plans to sell in the domestic market and the projection for 2015 it's produce
six models in total.
Design
KTM Quad
KTM began in motorsports competing inmotocrossracing. KTM won its first championship
in1974whenGuennady Moisseevclaimed the 250ccMotocross WorldChampionship.[14]In the
last few years KTM has gained more success in motorsports by dominatingrally-raidevents
such as theParis-Dakar Rallyand the Atlas-Rally. In 2003, KTM started sponsoring and
supportingRoad racingin various capacities, with the most successful results stemming from
their Supermotoefforts. KTM's new road racing focus will soon grow to
includeSuperbikecompetition with the help of their newly developedV-Twinengine dubbed
the LC8 as employed in the950 Adventuredual-sport motorcycle, and more specifically the
2005/2006 990 Super Duke followed by the superbike contender known as the1190 RC8. The
Super Duke will have a higher output, second generation version of the LC8 engine, geared
for high rpm peak power as required in road racing and superstreet applications while the
RC8 will sport a 1,190 cc version of the LC8 for more midrange. KTM riders took wins in
every race of the Moto3 class during the2013 Grand Prixmotorcycle racing season. The
company won a third consecutive manufacturers MotoGP title during the2014 Moto3 season.
They also supply the spec bike for theRed Bull MotoGPRookies Cup.
KTM offers a range of different engines for its larger motorcycles, all liquid-cooled.
KTM's official company/team colours are orange, black and silver. To create a strong brand
identity, all competition-ready KTMs come from the factory with bright orange plastic with
KTM RC 200
INTERNAL SOURCE: internal source includes: (i) present permanent employees, (ii)
present temporary/casual employees, (iii) retrenched or retired employees etc
(i) Present permanent employees: organizations consider the candidates
from this source for higher level jobs due to: availability of most suitable
candidates for relatively or equally to the external source, to meet the trade
union demands and due to the policy of the organization to motivate the
present employees.
(ii) Presenttemporary or casual employees: organizations find this source to
fill the vacancies relatively at the lower level owing to the availability of
candidates or trade union pressure or in order to motivate them on the
present job.
(iii) Retrenched or retired employees: generally, a particular organization
retrenches the employees due to lack of work. The organization takes the
candidates for employment fiom the retrenched employees due to
obligation, trade union pressure and the like. Sometimes, the organizations
prefer to re-employ their retired employees as a token of their loyalty to
the organization or to postpone some interpersonal conflicts for promotion
etc.
Sources of Recruitment
There are various sources of recruitment available for an organization. They have to choose
the most suitable ones depending on its recruitment needs and recruitment policy. The
different sources of recruitment are:
1) Internal sources and 2)
External sources.
Internal sources include personnel already on the pay-roll of an organization i.e. if present
working force whenever any vacancy occurs, somebody from within the organization is
upgraded, transferred, promoted or sometimes demoted. Usually internal sources can be used
effectively if the number of vacancies are not very large, adequate employees records are
maintained and employees have presented themselves for promotions. External sources
include employment agencies, educational and technical institutes, casual labor, trade unions,
application fills and other sources. External sources provide the requisite type of personnel
for an organization, having skill, training and education up to the required standard.
1. Analyse the organizations working and the kind of human resource management it
requires.
2. Analyse the role of each function with reference to the organization.
3. Define other parameters required based on analysis together with the parameters
provided by the company.
4. Prepare a checklist of the key indicators of performance.
5. Identify a list of documents, which would help in throwing light on recruitment and
take them for references.
6. Make suggestions or recommendations which may add value to the organizations.
Recruitment process
i.Planning ii.Strategy
development iii.Searching
iv.Screening and
v. Evaluation and control
Recruitment Planning
The first stage in the recruitment process is planning. Planning involves are translation of
likely job vacancies and information about the nature of these jobs into a set of objectives or
targets that specify the (a) numbers and (b) types of applications to be contracted.
Strategy Development
Once it is known how many and of what types of recruits are required, serious consideration
can be given to
Source activation
Typically sources and search methods are activated by the issuance of an employee
requisition. This means that no actual recruiting takes place until line managers have verified
that a vacancy does exist or will exist.
Selling:
Evaluation and control has two important aspects: monitoring and feedback.
Monitoring involves the tracking of various indicators of performance on an ongoing basis.
Such indicators are quantity, quality, efficiency, and the recruits themselves. Quantity
indicator refers to whether or not all job vacancies are filled.
Feedback
Evaluation of data obtained from monitoring provide relatively hard measure to improve the
performance of a recruiting unit or even or individual recruiters.
ORGANIZATION STRUCTURE
(KALABURGI)
Gulbarga
2
2 Sales Mgrs 12 Members Members
5 Members
Helpers Helpers
Bajaj KTM has made a revolution leaving behind all the companies and has changed the life
style of the people and has influenced many consumers. It has been rapidly spreading all
over Gulbarga is also the one of the branch Gulbarga district consist of 3 departments under
which the work if done they are:-
1) Sales department
2) Service department
3) Spares department
Marketing has become a much wider term in this today’s world selling and marketing are
synonymous in nature. They are the 2 faces of the coin. A team of 5-members takes the
responsibility under the sales managers of sales promotion under the executive head.
Service Department
This is the department which is handled by manager or head with involvement of 2 members
where all work is done of the maintenance and looking after the overall of the department.
Office boys 2
Security guard 2
Sweeper 3
Helper 4
Mechanic 4
Supervisor 3
Workshop manager 1
Spares manager 1
Cashier 1
Accountant 2
Salesmen 5
Tele marketer 1
Receptionist 1
Computer operator 2
General manager 1
It refers to the total number of items (in all the product lines) in product mix. For example,
product mix of Bajaj Company has more than 100 items in various product lines, such as
fans, bulbs and tubes, heaters, motorbikes, shooters, rich-show, processing machines, and
many other ranges.
It indicates the total number of product lines a company carries. For example, two wheelers
(including various models) constitutes one of the product lines of Bajaj Company.
Last year, India was the number two market for KTM at 36,000 units, just 1,000 units behind
TheUnitedStates.
But with the company launching its range of Duke bikes (Duke 200 at Rs 1.43 lakh, Duke
250 at Rs 1.73 lakh and Duke 390 at Rs 2.25 lakh, ex-showroom New Delhi) on Thursday,
India is expected to close 2017 with sales of approximately 50000 units.
Amit Nandi, president - pro biking, Bajaj Auto, while declining to forecast the position for
KTM this year, said India was a very close number 2 market for KTM in 2016. The gap was
very wide five years ago. The company’s aim is to be the number 1 in KTM’s global sales.
Bajaj Auto owns about 47% in KTM.
“India’s role is set to grow for KTM. With the revamping of the entire line-up and the
addition of Duke 250, we are eyeing a strong double digit growth this year too,” said Nandi
KTM has been one of the fastest growing two-wheeler brands in India with a compounded
annual growth rate of 48% in past five years, and is expected to do well this year too.
Let's look at each of the five forces in a bit more information to define the method by which
they work. The previous force has to do with you. In order to end up a complete competitive
analysis, the Ktm Growth Strategies porter's 5 forces must be compensated. Provider power is
no problem for McDonald's in the quick food market. It is high if the purchaser is not rate
uneducated and delicate regarding the product. For the extremely very first time, the power
seems shifting from a couple of centralized banks to the hands of the client. The bargaining
power of providers is high in the event the buyer doesn't represent a large part of the supplier's
sales.
The point is that the bargaining power of the supplier in a market impacts the competitive
atmosphere for the purchaser and influences the purchaser's capability to achieve profitability.
In addition, the five forces model overlooks the function of development along with the
significance of individual firm differences. Designing your small organisation model is all
about systems believing At the basic (level 1) a service model is all about how you plan to
make cash.
Consumers have power whenever there aren't a variety of them, however plenty of sellers,
in addition to when it is easy to change from 1 service's services or products to another. If
they receive incentives, they are most likely to keep using your services. They are in a far
much better position to bargain than ever previously. Purchaser PowerLow Customers
have restricted power over console designers, considering that the range of prospective
consumers is huge, the firm isn't too concerned about losing clients. An increasing market
and the capability for high revenues causes new firms to go into a market and incumbent
companies to increase production. Do not forget that five forces impact different
industries in a different way and therefore don't use exactly the same outcomes of analysis
for even comparable markets!
Ktm Growth Strategies Case Study Help
In case the business has a fantastic brand image, then customer would enjoy to stay with the
brand solutions. An electrical contractor organisation in Denver is not likely to assist me in
Seattle. Firms also might be unwilling to enter markets that are quite unpredictable, specifically
if going into involves expensive start-up expenditures. As the company restructured, divesting
from the shipbuilding plant wasn't feasible given that such a large and exceptionally specialized
investment was not able to be offered readily, and Litton was made to stay in a decreasing
shipbuilding industry. In an increasing market, firms are all set to improve earnings even if of
the broadening market.
The point is that the bargaining power of the provider in a market impacts the competitive
environment for the purchaser and affects the purchaser's ability to obtain profitability.
Customers have power whenever there aren't a number of them, however plenty of sellers,
in addition to when it is not challenging to change from 1 organisation's services or items
to another. Buyer PowerLow Customers have restricted power over console developers,
given that the variety of prospective customers is substantial, the company isn't too
concerned about losing customers.
In your expert small organisation discussions, an individual ought to present options based
on the carried out analysis of the service enterprise. Porter's 5 forces analysis is a
significant tool for everybody trying to assess the strategic standing of an existing
company, or considering a brand-new endeavor into a present industry. The analysis
working with the Porter's 5 forces analysis ought to be a basis where the firm discovers
and implements their method which must increase their competitive advantage.
Power of suppliers
The trick to developing a competitive technique is to recognize the sources of the competitive
forces. It is also valuable for assisting you to customize your strategy to fit your competitive
environment, and to increase your possible revenue. If the present market growth is slow and the
When an industry pays, or attractive in a long-term tactical fashion, then it's going to be appealing
to brand-new businesses. As a circumstances, the airline organisation has intense competition
among the 2 producers, Airplane and Boeing. Bear in mind that five forces impact numerous
industries differently and therefore don't use exactly the exact same results of analysis for even
similar industries! Typically, a market with higher rivalry or moderate competition is going to
have the uniform type of product. In addition, the market is saturated enough with the present
gamers that there is extremely little destination for a competitor huge enough to threaten IKEA's
position. Every current market or market differs.
In case today firms do not allow it to be challenging for other people to join the market, the
profitability will have a tendency to fall towards absolutely no. Companies can take advantage by
raising the expense and decreasing of the product, however it's normally taken to have short-term
benefits. Despite the truth that it does not sound very appealing for companies to go into the
airline company, it's NOT difficult.
In order to cut the danger of brand-new entry, business must develop a great brand name image. If
it has an excellent brand image, then client wishes to stick with the brand name items. It is quite
tough for a company to get in the Vehicle industry and compete with one of the greatest
companies in the world. If there's a selection of quality products is readily available in the market
in direct competition with it, 1 company might wind up having little or no power in its own
market. In addition, it must be simple for them to change from one firm to another.
Bargaining Power of Customers
The Porter's 5 Forces tool is quite a strong tool. Since that time, it is now a frequently used
tool for evaluating a company's industry structure and its business technique. Extra
modeling tools will most likely help you complete your understanding of your business
and its potential.
You're forecasted to recognize the strength of each one of the forces. As it will help to
comprehend not merely the strength of current competitive position but in addition the
strength of an anticipated position, it's extremely valuable.
Let's look at every one of the 5 forces in a bit more information to spell out the method by
which they work. It isn't constantly easy to learn which force is the essential one. 5 Forces
evaluates the viability of a particular item or assistance. After evaluating the forces, you
CHAPTER 4
SWOT ANALYSIS
• STRENGTH
• Bajaj is one of the most trusted names in two-wheeler industries and has a strong
goodwill from its legacy of “Humara Bajaj” and Pulsar bikes
• KTM is a well-known brand known for its Style and Performance
• KTM Duke 125 is a complete package in terms of style and fuel economy
• Has a Strong distribution and service channel with its 1,100-service centre and
600 dealers all across India
• Experienced management having years of experience in bike launch
• Increase in purchasing power of youth and young professional
• 125 cc bike market showing a consistent growth as compared to other segment
bikes in India
• One of the kind Duke 125 cc bike having 6 speed gear system for optimal
performance and speed.
• Only performance bike in 125 cc segment that gives high fuel economy
• WEAKNESS
• Highly competitive market
• Increase in fuel price which restrict middle income group from buying modern
bikes.
• Price tag is $ 2,100 and many heavy cc bikes are available in that price.
• OPPORTUNITY
• To become a leader in 125 cc bike market by launch of Duke
• To increase market share through increased sales
• To make a trust of KTM in Indian market, so other KTM bikes can be launched
under
Bajaj brand
• Opportunity for Bajaj to become a global brand in world through tie up with
KTM Motorcycles.
• Create a shift in consumer preferences from higher end bike to small cc bikes
which offers more style and fuel economy as compared to traditional bikes
available.
• THREATS
• Pilot launch of KTM Duke 125 cc under Bajaj brand, it may tamper Bajaj image
if the product does not meet consumer expectation.
• New modern design bike may not appeal to Indian consumer, irrespective of high
sales at Global platform.
CHAPTER 5
Assets:
Non-current assets:
Cur
rent assets:
EURO 30/06/2019
31/12/2018
Equity:
In a recent statement, KTM CEO Stefan Pierer said that the company is planning to sell over
4 lakh units globally in the coming years and about 1.8 lakh units will be produced at Bajaj’s
Chakan plant. The Husqvarna motorcycles will also be produced at this plant by the end of
2019 and Bajaj will have two more manufacturing facilities in the coming years.
Dept of MBA Veerappa Nisty Engineering College, Shorapur Page 45
KTM AG. Company Towards
VKG BAJAJ KTM Kalaburgi________________________________________________
India is the production base of around 40 percent of KTM bikes sold globally which accounts
for 95,000 to 1 lakh units. Also, the country is about to become the largest market for these
Austrian bikes as sales of over 50,000 units a year have been predicted. When KTM and
Husqvarna will start their India operations, the pair might have the potential to garner
revenue of about 3000 crores for Bajaj Auto. KTM is expected to end 2017 with a turnover of
Euro 1.5 billion which is anticipated to rise up to Euro 2.5 billion by the end of 2019.
A major part of Husqvarna motorcycles lying in the 125-400cc segment will start getting
manufactured at Bajaj Auto’s facility by 2019 and the products are likely to be launched by
2020 in India. Since companies like Honda, Suzuki and Yamaha fetch 30 percent of their
global sales from India, Husqvarna too may enjoy good days when it comes to our shores.
CHAPTER: 6
LEARNING EXPERIENCE
During the Organization Study, I have learnt how to work in manufacturing sector with
various departments in the organization helped to know and understand how various
department work. It helped to improve in my communication skill.
I have learnt efficiently by working Researching and analyzing helped me to understand the
need of the customer and organization need wants.
It was a great experience while working out on project. I wish the company to get a grand
success in all its endeavors.
It is happy to know that all the staff and workers of the KTM AG Company are practicing
BIBLIOGRAPHY
www.ktm.comwww.google.com
www.slideshare.netwww.ktmgr
oup.com
ANNEXURE