Financial Daily from THE HINDU group of publications
Friday, Jun 18, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Marketing - New Products & Services


Bajaj `CT100' launched in AP

Our Bureau

HYDERABAD: Sri Siddi Vinayaka Automobiles Ltd (SSVAL), the Hyderabad-based leading dealer of Bajaj Auto Ltd, has launched `Bajaj CT-100' motorcycle in the Andhra Pradesh market here on Thursday.

Addressing news correspondents on the occasion, the Bajaj Auto Regional Manager, Mr B.K. Senapathy, said the new motorcycle was designed to attract the entry-level segment with its competitive pricing and unusual mileage and also to wean away volumes from the large executive segment with its performance and attractive styling.

According to him, the bike offers a mileage of 100 km per litre thanks to its digital CDI with twin maps that helps in ensuring optimum delivery of fuel economy. Stating that over three lakh two-wheelers were being sold in the AP market currently, he said nearly 60 per cent of them were being sold through hire purchase mode. According to him, the two-wheeler financing was earlier met by the non-banking finance companies and now gives banks a great opportunity.

The SSVAL Managing Director, Mr K.V. Babul Reddy, said his dealership firm currently contributes over 40 per cent of the market share of Bajaj two-wheelers in Hyderabad.

More Stories on : New Products & Services | Two/Three Wheelers | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Sneha Media ties up with TV9 for news content


Campco bid to boost chocolate sales
Yahoo! pre-emptive move may pay off
Taj Krishna Kid's Club
Broadcasters seek service tax exemption on ads
CNN launches interactive contest
Heal brand of ayurveda products to get `big' retail push
Pantaloon to set up seamless mall in Bangalore
TN Chamber plea against FDI in retail trade
Sony outlet in Madurai
`18.9 pc rural households owned TV sets in 2001'
HLL rejigs Lux portfolio, plans more products
Superbrands India now plans to catalogue top corporate brands
O&M Creative Director quits; to join Ambience
Omega unveils Speedmaster range of watches
Tata truck launched in Chennai
Bajaj `CT100' launched in AP



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line