Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
10350.00
-21.00 (-0.20%)
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Bajaj Auto planning to increase domestic market share to 20% in next 2 quarters

Date: 23-07-2018

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.