![]() Financial Daily from THE HINDU group of publications Friday, Dec 30, 2005 |
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Corporate
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Announcements Bajaj Auto plans 2-3 variants next year Our Bureau
Bangalore , Dec. 29 BAJAJ Auto plans to introduce two-three variants of some of its existing models of two-wheelers next year. The Regional Manager of Bajaj Auto, Mr Soumyo Dutta Gupta, told a news conference on Thursday that the company plans to grow the number of variants of some of its best selling models next year. He said the company expects to double the sales of its Discover family of two-wheelers to 50,000 during the next three months. It has launched Discover 112, a 110 cc bike, which costs Rs 39,000 ex-showroom. Discover 125 cc bike, which has already been launched, costs Rs 42,000. Bajaj Auto, which expects to sell around 2 million bikes this fiscal, has a market share of around 31 per cent in the motorcycle market. Mr Gupta said with the launch of Discover 112, Bajaj Auto has at least one model in basic, executive and premium categories.
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