Austria

In a decisive strategic move, Bajaj Auto Ltd has announced plans to become the majority stakeholder in Austrian motorcycle brand KTM, marking a new chapter in its global ambitions. Through its Dutch subsidiary, Bajaj Auto International Holdings BV (BAIHBV), the company has secured a €800 million (approximately Rs. 7,765 crore) debt package to help restructure KTM’s troubled finances. This transformative acquisition will see Bajaj evolve from a passive investor into the principal driver of KTM’s revival.

In the face of rising global trade tensions, particularly due to newly imposed U.S. tariffs, India and Austria are intensifying efforts to strengthen bilateral economic relations. During her visit to Vienna, Indian Finance Minister Nirmala Sitharaman met with Austrian Finance Minister Markus Marterbauer and State Secretary Barbara Eibinger-Miedl to discuss investment, innovation, and trade opportunities. Emphasis was placed on expanding cooperation in emerging sectors such as fintech, e-mobility, and semiconductors. Austria, grappling with the impact of U.S.

Union Finance Minister Nirmala Sitharaman's upcoming week-long visit to the United Kingdom and Austria is a crucial diplomatic and economic engagement aimed at reinforcing financial ties and fostering new investment opportunities. The visit will focus on the 13th India-UK Economic and Financial Dialogue (EFD), alongside high-level discussions with financial leaders in both nations.