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Bajaj Auto aims 23% market share in domestic motorcycle market by FY18: Report

08 Nov 2017 Evaluate

Bajaj Auto is reportedly looking to garner 23% market share by the end of FY18 in domestic motorcycle market, from its existing standing at 19%. The motorcycle maker has recently revamped its entry-level product line-up, including CT100 and Platina and is confident to sustain volumes. The company is planning to maintain same volumes in the segment, as compared to what it posted in the past two months.

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 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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