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Bajaj Auto plans to foray into the Russian market: Report

29 Sep 2015 Evaluate

Bajaj Auto, the country’s second largest two-wheeler maker, is reportedly planning to enter the Russian market with its Pulsar range of motorcycles. The company will be the first Indian company to export a mass market motorcycle to Russia. The company had recently shipped a few containers of the Pulsar to Russia. The company has registered rise of 2% in total sales to 341,965 units in August 2015 against 336,840 units in August 2014. The company’s total exports out of the above stood at 181,658 units, a gain of 4% as compared to 1,75,127 units sold in the corresponding month last year.

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.

Peers
Company Name CMP
Bajaj Auto 10350.00
TVS Motor Company 4200.00
Hero MotoCorp 5152.40
Eicher Motors 7210.00
OLA Electric Mobilit 33.16
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