Bajaj Auto, the second-largest motorcycle manufacturer is likely to resume exports to Egypt in June 2014. The move follows the Egyptian government’s decision to lift a ban that came into effect in February on import of two-wheelers and three-wheelers. For Bajaj Auto, Egypt is the second biggest export market after Sri Lanka Of the 2,50,000-2,60,000 units of three-wheelers exported in the last financial year (FY14), Egypt contributed a-fourth of the company's overall volumes. With regards to overall motorcycles sales, Egypt is one of the growing markets for the company.
Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.
