Bajaj Auto (BAL) & Triumph Motorcycles UK announced their global partnership to deliver mid capacity motorcycles for the Indian & global markets. This non-equity partnership will help BAL gain access to the iconic Triumph brand & technology. BAL will make a new range of locally developed Triumph bikes at its Chakan facility in Pune. Triumph is one of the oldest motorcycle brands (established in 1902), producing 65,000 bikes per year. It operates out of 55 countries in the world with manufacturing or assembly operations in only four countries, i.e. UK,...