Bajaj on Regaining Market Share Ride; 6 New Launches in 6 Months

Bajaj Auto is aiming to regain its lost share in Indian two-wheeler market with six product launches in the next six including a Pulsar 400 cc model.

Published: 18th January 2015 01:14 PM  |   Last Updated: 18th January 2015 01:19 PM   |  A+A-


NEW DELHI: 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.

While he did not elaborate on the launch programme, Ravikumar said the new 100 cc bike would hit the market in the ongoing quarter.

"In the 100 cc segment, we have the Platina to address the value-for-money customers and Discover for executives. The new model will have its own space," he said.

Besides, "we also will launch a 400 cc bike under our flagship Pulsar brand", Ravikumar added.

All these new products would help the company reclaim its lost share in the Indian market.

"We are looking at improving our market share, which is currently around 16-17 per cent to over 20 per cent by March on the basis of these launches," he said.

In the April-December period this fiscal, in the domestic market Bajaj Auto sold 13,91,341 units as against 16,05,308 units in the same period last fiscal, down 13.33 per cent.

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 MotorCycle 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.

Ravikumar said while models like Platina, Pulsar and KTM had grown, the Discover model had seen a decline.

On the outlook for the fourth quarter, he said the company will cross the one million mark in total sales and for the whole of 2014-15, the company is poised to cross the four million units.

Commenting on the impact of withdrawal of excise duty concessions, he said the company has already passed on the increase to customers.

"With the raw material costs coming down and the Indian economy looking up, the impact of the increase in excise rate will be absorbed," Ravikumar said.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp