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Bajaj Auto eyes 20pct domestic market share in next Q2

Auto News - Published on Wed, 25 Jul 2018

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PTI reported that buoyed by strong performance in the first quarter of this fiscal, Bajaj Auto is planning to increase its share to 20 per cent in domestic motorcycle market in the next two quarters, according to a senior company official.

Besides, with African markets on a rebound after witnessing downturn for nearly three years, the Pune-based firm expects to continue the momentum of high double-digit growth witnessed in the first quarter.

Mr S Ravikumar, Bajaj Auto President (Business Development and Assurance), said that "In the domestic market our current market share is 16.3 per cent. Our target is that in the next two quarters it should be around 20 per cent."

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Posted By : Rabi Wangkhem on Wed, 25 Jul 2018
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