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Bajaj Auto to start exporting bikes, three-wheelers to Thailand

24 Jul 2017 Evaluate

In order to consolidate its position in the Southeast Asian market, Bajaj Auto is planning to start shipments of its bikes and three-wheelers to Thailand in next couple of months. The two-wheeler major currently exports to various markets in the region including the Philippines, Singapore and Myanmar. The Pune-headquartered firm has also started exporting KTM bikes to the Malaysian market recently.

The company, which exports to various regions including Africa and Latin America, is witnessing robust growth in new markets like Malaysia where it recently started exporting units. For the quarter ended June 30, the company sold 4,09,525 units in the export markets.

Bajaj Auto 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 10315.10
TVS Motor Company 4205.40
Hero MotoCorp 5175.00
Eicher Motors 7200.00
OLA Electric Mobilit 35.03
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