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Bajaj Auto eyes 23% market share by end of FY18

Firm's sales took a hit in H1 this year on account of norms mandating transition to BS-IV emission standards and GST

Bajaj Auto
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Bajaj Auto managing director Rajiv Bajaj at unveiling of V15 motorcycle

Shubham Parashar Mumbai
India's largest motorcycle exporter is looking forward to close the current financial year with a 4 per cent jump in domestic motorcycle market share. Bajaj Auto is targeting a 23 per cent market share by the end of FY18, from its existing standing at 19 per cent. At the sideline of an event to demonstrate the 15,600-km journey covered by Bajaj Dominar, Eric Vas, President, Motorcycle business, Bajaj Auto expressed confidence in the company's growth trajectory. 

The motorcycle maker has recently revamped its entry-level product line-up, including CT100 and Platina and is confident to sustain volumes. "We plan to maintain same