Bajaj Auto Gets ₹9.71 Billion Loan To Support Overseas Investment

Bajaj Auto on Thursday said its wholly-owned Dutch arm, Bajaj Auto International Holdings BV, has signed a loan agreement worth ₹9.71 billion with Standard Chartered Bank.

In a filing to exchanges, the two-wheeler major said the loan is unsecured and carries a one-year term. The funds will be used to support the subsidiary’s investment activities, the company added.

The move comes amid Bajaj Auto's ongoing efforts to deepen its strategic international presence, including its increasing role in Austrian motorcycle brand KTM’s revival.