Bajaj Plans to Set Up its First Design Centre Outside India

Editor@Throttle|Updated: September 26, 2018 9:46
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Bajaj has announced its plans to set up its first design centre outside India, aiming to further boost exports while reducing its dependence on the domestic market. Bajaj also plans on setting assembly units in the international markets which will help lower the overall tax as compared to exporting motorcycles here from India. Their first overseas design centre would most likely be Thailand as the manufacturer also plans to set up a sales and marketing office in Bangkok.

 

The overall exports being conducted by Bajaj have been on the rise, with the company exporting nearly 7 lakh motorcycles between the months of April and August 2018. Bajaj has also registered an overall growth of 27%, similar to last year when the company’s exports grew by 65% to 1.7 lakh units.

 

This consistent growth in the international market has allowed Bajaj to offset the weak volume trend back home since Bajaj’s domestic two-wheeler volumes fell 1.34% last year. However, exports grew 14%, accounting for 41% of its total two-wheeler production.

 

The soon to be mandated safety policy will make bike manufacturers provide ABS as standard in bikes of more than 125 cc capacity, due to which we are seeing many bike makers equipping their successful models with ABS. We recently showcased spy shots of the Pulsar 150 equipped with ABS and next to follow in the family is the Pulsar 220F.

 

Article Source : Motoroids