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Bajaj Auto aims 27% market share in motorcycles

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Press Trust of India Mumbai

Buoyed by a 100 per cent jump in sales and a 10 per cent increase in market share in September-October, Bajaj Auto is aiming for a 26-27 per cent maket share in motorcycles in FY10.

"Our overall motorcycles market share in FY09 was 22 per cent. We have clocked a robust performance so far and should achieve a market share of 26-27 per cent in FY10," Bajaj Auto's two-wheeler division's CEO S Sridhar told PTI here.

More than 70 per cent of this market share is expected to be powered by its two best-sellers -- Pulsar and Discover, he said.

 

Bajaj Auto plans to launch a new bike from the Pulsar family in early-2010 and also ramp up capacity of its Discover from 90,000 to one lakh units in two-months time, he said.

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First Published: Nov 08 2009 | 3:19 PM IST

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