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Bajaj Auto planning to increase domestic market share to 20% in next 2 quarters

23 Jul 2018 Evaluate

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.

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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