×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Bajaj Auto targets 10% growth in commercial auto division

Bajaj Auto targets 10% growth in commercial auto division
PTI
Comment E-mail Print Share
First Published: Mon, Aug 24 2009. 04 32 PM IST
Updated: Mon, Aug 24 2009. 04 32 PM IST
Jaipur: “Eyeing 10% growth in commercial auto division, Bajaj Auto plans to launch four new models in passenger and goods carrier segment within six months,” Bajaj commercial division chief executive officer R.C. Maheshwari said.
“The company, which exports 50% of its passenger and goods vehicles to more than 17 countries, is planning to manufacture eco-friendly vehicles,” he said.
“We are speaking to various state governments to promote LPG and CNG variants of our vehicles. All the four new launches will be either in petrol or LPG and CNG,” he said, adding that diesel vehicles comprise only 30% of its product portfolio.
“We push diesel variant in rural areas only where population is sparse,” he said.
The company targets to sell 3 lakh units in this segment.
“In the last fiscal, we sold 2,74,000 vehicles. This year we plan to sell 10% more,” he said.
Comment E-mail Print Share
First Published: Mon, Aug 24 2009. 04 32 PM IST