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Message: <blockquote data-quote="Hyaenidae" data-source="post: 30394666" data-attributes="member: 530392"><a href="https://www.cartoq.com/bike-news/ktm-ag-files-bankruptcy-massive-liabilities-emergency-restructuring/" target="_blank">https://www.cartoq.com/bike-news/ktm-ag-files-bankruptcy-massive-liabilities-emergency-restructuring/</a>Austrian motorcycle manufacturer KTM AG, which also has large scale operations in India through its subsidiary operated by Bajaj Auto, has just filed for bankruptcy.Now, what happens to KTM’s Indian operations?For now, it’s business as usual. KTM’s Indian operations – run by Bajaj Auto – are unaffected from the bankruptcy and restructuring proceedings of its parent organization in Austria. However, if the emergency restructuring does not work, all bets are off.Indian operations of KTM could also come under a cloud as much of new product development, and research and development work happens in Austria. If the main Austrian company goes under and is shut down, the future of KTM subsidiaries including the Indian operation will come under trouble.[USER=575911]@Solo Rider[/USER] </blockquote>

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