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Bajaj Auto eying to sell 50,000 units of 150CC ‘V’ bikes in 18 months

08 Mar 2016 Evaluate

Bajaj Auto is looking to sell around 50,000 units of 150CC ‘V’ bikes in the country and will decide on extending the brand to other segments after 12-18 months, using metal from the dismantled INS Vikrant. For bookings done between March 10-20, the company would attempt to deliver the bikes on March 23, the Martyr's day.

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 10020.00
TVS Motor Company 3988.00
Hero MotoCorp 5074.80
Eicher Motors 7050.00
OLA Electric Mobilit 35.96
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