Bajaj Auto is planning to increase its share to 20% in domestic motorcycle market in the next two quarters. In the domestic market the company’s current market share is 16.3%.
Besides, with African markets on a rebound after witnessing downturn for nearly three years, the company expects to continue the momentum of high double-digit growth witnessed in the first quarter.
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.