Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
10508.55
137.55 (1.33%)
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Bajaj Auto plans to foray into the Russian market: Report

Date: 29-09-2015

Bajaj Auto, the country’s second largest two-wheeler maker, is reportedly planning to enter the Russian market with its Pulsar range of motorcycles. The company will be the first Indian company to export a mass market motorcycle to Russia. The company had recently shipped a few containers of the Pulsar to Russia. The company has registered rise of 2% in total sales to 341,965 units in August 2015 against 336,840 units in August 2014. The company’s total exports out of the above stood at 181,658 units, a gain of 4% as compared to 1,75,127 units sold in the corresponding month last year.

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.