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Home arrow News arrow Automotive arrow Bajaj Auto to breach 2 million export mark in next three to four years
Bajaj Auto to breach 2 million export mark in next three to four years Print E-mail
Written by Vivek   
Wednesday, 17 August 2011
Pune: Bajaj Auto, which sold almost 3.39 million motorcycles in FY2011, expects to cross the 2 million mark in exports in the next three to four years. The company has exported more than 1.2 million units. Its motorcycle sales is expected to cross the 4 million mark in FY2012.

The company plans to maintain the capacity of two and three-wheelers at the current level of 5,040,000 numbers per annum during the year ending 31 March 2012. The 4 wheel vehicle development work is under progress and commercial launch of the first product from this platform is scheduled for 2012.

Bajaj Auto's operations at Waluj, Chakan and Pantnagar have optimised resources and increased efficiency under TPM to raise productivity, throughput and, hence, operating margins.

Due to these initiatives, the plants could produce significantly higher numbers of motorcycles and three-wheelers without any major investments in capacity.

The Pantnagar plant produced over 914,000 vehicles in FY2011, versus 578,000 during FY2010. It further augmented its capacity to meet future demand as well as to optimise the tax benefits.

Waluj achieved a landmark production of 1.94 million motorcycles and three-wheelers. The plant, which is also an export hub for Bajaj, has achieved a target of exporting over a million vehicles in FY2011, out of a total export of 1.2 million.

Chakan continues to leverage its top of the line core competencies in developing and manufacturing high-end sports bikes. To establish BAL’s presence in European market, Chakan has begun regular production of the first series of KTM bikes.

Bajaj Auto maintained its stellar growth in exports and continued to be India’s largest exporter of two and three-wheelers. During FY2011, the company exported 1,203,718 vehicles, achieving a growth of 35 % over the previous year. In FY2011, total exports amounted to Rs. 4,552 crore (US $ 974.6 Million).

Last Updated ( Thursday, 18 August 2011 )
 
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