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.