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Bajaj likely to export 'V' from next fiscal

Company expects at least 10,000 bikes would be booked during March 10-20

Bajaj Auto,bajaj V

BS Reporter  |  Bhubaneswar 

Bajaj likely to export 'V' from next fiscal

Leading motorbike maker Bajaj Auto Ltd plans export of its latest commuter bike, the V, from next fiscal after meeting domestic commitments. "We are looking at exports of Bajaj V. Post its launch, we have been getting a lot of enquiries from our major export markets in Africa, Latin America. West Asia and Turkey. But exports would begin only after we have catered to the demand from the customers within the country.

I hope exports of the bike to take off from next fiscal," said Sumeet Narang, vice president (marketing), Bajaj Auto Ltd.

He was tightlipped on sales target for Bajaj V however added, "We will be producing as per the demand. We expect that at least 10,000 bikes would be booked across the country during the booking window period (March 10-20)." Deliveries to customers who book during this period, would be on March 23, coinciding with Martyrs' Day. Bajaj intends to double its motorcycle sales in Odisha with the launch of the V.

"40% of the bikes sold in Odisha are in the 125 cc segment. Bajaj is selling 3300 bikes every month in the state and with the introduction of V, we hope to double our sales volume in 12-18 months," said Narang.

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First Published: Wed, March 09 2016. 17:34 IST