Thursday, December 10, 2015
Bajaj will launch six new bikes in India
Bajaj Auto is aiming to regain its lost share in the Indian two-wheeler market with six product launches in the next six months that will include a new 100 cc bike besides a 400 cc model under its flagship brand Pulsar.
The company that had once looked away from the high volume 100 cc segment is looking to create a new space in the mass market as it eyes an overall share of more than 20 per cent in the domestic market by March this year.
"In the next six months, there will be one launch every month from us," Bajaj Auto President (Business Development & Assurance) S Ravikumar told PTI.
"we also will launch a 400 cc bike under our flagship Pulsar brand", Ravikumar added.
Bajaj Auto trails behind market leader Hero MotoCorp which sold 43,40,986 units in the April-December period this fiscal but is ahead of Honda Motor-cycle and Scooter India (HMSI) that clocked 13,27,862 units in the same period.
While Hero's sales grew by 7.16 per cent during the period to 43,40,986 units, HMSI also posted a growth of 12.43 per cent at 13,27,862 units.
Bajaj Auto trails behind market leader Hero MotoCorp which sold 43,40,986 units in the April-December period this fiscal but is ahead of Honda Motor-cycle and Scooter India (HMSI) that clocked 13,27,862 units in the same period.
The company that had once looked away from the high volume 100 cc segment is looking to create a new space in the mass market as it eyes an overall share of more than 20 per cent in the domestic market by March this year.
"In the next six months, there will be one launch every month from us," Bajaj Auto President (Business Development & Assurance) S Ravikumar told PTI.
"we also will launch a 400 cc bike under our flagship Pulsar brand", Ravikumar added.
Bajaj Auto trails behind market leader Hero MotoCorp which sold 43,40,986 units in the April-December period this fiscal but is ahead of Honda Motor-cycle and Scooter India (HMSI) that clocked 13,27,862 units in the same period.
While Hero's sales grew by 7.16 per cent during the period to 43,40,986 units, HMSI also posted a growth of 12.43 per cent at 13,27,862 units.
Bajaj Auto trails behind market leader Hero MotoCorp which sold 43,40,986 units in the April-December period this fiscal but is ahead of Honda Motor-cycle and Scooter India (HMSI) that clocked 13,27,862 units in the same period.
