In bid to capture over 22 percent market share by the end of current fiscal, Bajaj Auto is all set to unveil four new motorcycles. The company will be expanding its Avenger range of cruiser bikes through introduction of three new models this month. Besides, in the fourth quarter of this fiscal the company is planning to launch a completely new model that will be in the mid-segment of the motorcycle market.
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.