Bajaj Auto India limited, India's major two-wheeler manufacturer, is going to launch new 125cc motorcycle jointly developing with Austrian based massive motorcycle maker, KTM in the India auto market by 2011. The company has already associated with KTM Sportmotorcycle AG for their big plans as it is looking forward to introduce higher performance massive motorcycles in the global market. Bajaj Auto will produce the bike at the company's Chakan Plant near Pune. As per some news sources the new Bajaj-KTM 125cc will be taken around 12 months for commercially launches in the auto market and also to be unveiled in the European market by the 2010-end. Mr. Rajiv Bajaj, MD of Bajaj Auto said "From 2012 onwards, whatever vehicle we will build would be three generation ahead of what we have today. That means not only better interiors but also new set of engines and transmissions as well." The new bike will be available under the KTM brand in the Indian market and comes at an hefty price range of around Rs 100,000. In the range between 125-250 segment, both companies are planning to launch new global motorcycles including KTM 125cc and KTM Rc8 soon in India. Meanwhile, Suzuki Gladius, TVS Apache 220cc, Honda Interceptor and Kawasaki Ninja are also upcoming new bikes in India.