Bajaj Auto and KTM is developeing two new motorcycle platforms which is scheduled to hit the market in 2010. Bajaj Auto – KTM has invested 35-40 million euros for the developement of these platforms. The jointly developed bikes would be produced at BAL’s Chakan facility for export to Europe under KTM branding and the commuter version of the bike on the same platform could be sold in India under the Bajaj badge.