KTM was founded in 1934 in Austria as a metal workshop and began motorcycle manufacturing. Key milestones include starting serial production of the R100 in 1954 and launching their first moped, the Mecky, in 1957. In 2013, Bajaj Auto acquired a 48% stake in KTM, allowing KTM to launch their first bikes in India in 2012, including the popular Duke 200 and Duke 390 models. Currently KTM's top models in India are the Duke 390, Duke 250 and Duke 200 and they continue developing new motorcycle and vehicle models.