Bajaj launches Pulsar 200NS in AP
The company is confident of registering a "double-digit growth" this year, despite the two-wheeler industry registering a six per cent growth last quarter. "We believe our new launches will keep our market share growing," said Mr K. Srinivas, President (Two-wheelers).
He was in the city in connection with the launch of its new product, Pulsar 200NS, claimed to be the world's first motorcycle to adopt triple spark engine technology in Andhra Pradesh. It is priced at Rs 86,754 ex-showroom in Hyderabad.
Last fiscal saw the sale of 10 million bikes across the country, with Bajaj Auto garnering a share of 2.5 million (or 25 per cent). Mr Srinivas said that another trend was that the growth in the over-100 cc segment was quicker than the 100-cc category.
The former had a share of 34 per cent in the overall bike sales last year, but grew at 18 per cent, while the latter reflected a growth rate of nine per cent.