Latin Manharlal Chat
BSE Prices delayed by 5 minutes...
     Prices as on Sep 22, 2017     
  ABB India 1424 [ -1.52% ]
  ACC 1690.7 [ -3.44% ]
  Axis Bank Ltd. 505.05 [ -1.41% ]
  Bajaj Auto Ltd. 3039.4 [ -1.26% ]
  Bank of Baroda 141.75 [ -2.54% ]
  Bharti Airtel 395.1 [ -1.10% ]
  Bharat Heavy Ele 129.75 [ -2.52% ]
  Bharat Petroleum 491.75 [ -0.93% ]
  Britannia Ind. 4259.8 [ -1.66% ]
  Cipla 583.8 [ -1.29% ]
  Coal India Ltd. 253.9 [ 0.12% ]
  Colgate Palm. 1100.4 [ -1.53% ]
  Dabur India 304.8 [ -1.80% ]
  DLF Ltd. 173.5 [ -6.19% ]
  Grasim Inds. 1175.1 [ -2.15% ]
  HDFC 1782.5 [ -0.35% ]
  HDFC Bank 1824.55 [ -0.82% ]
  Hero MotoCorp 3788.15 [ -2.59% ]
  Hindalco Indus. 231.3 [ -5.22% ]
  ICICI Bank 277.1 [ -2.77% ]
  IDFC L 60.05 [ -2.44% ]
  Indian Hotels Co 112.15 [ -1.92% ]
  IndusInd Bank 1707.9 [ -1.22% ]
  Infosys 898.05 [ -1.26% ]
  ITC Ltd. 268.25 [ -0.45% ]
  Jindal St & Pwr 139.35 [ -8.17% ]
  L&T 1184.9 [ -3.49% ]
  Lupin Ltd. 1013.55 [ -1.83% ]
  Mahi. & Mahi 1286.45 [ -0.48% ]
  MTNL 20.45 [ 1.49% ]
  Nestle India 7167.9 [ 0.34% ]
  NIIT Ltd. 102.15 [ -5.59% ]
  NMDC Ltd. 122.2 [ -5.01% ]
  NTPC 166.2 [ -1.13% ]
  ONGC 164.45 [ -0.93% ]
  Punj. NationlBak 137.8 [ -2.92% ]
  Power Grid Corpo 209.75 [ -0.71% ]
  Reliance Inds. 817.5 [ -2.83% ]
  SBI 261.9 [ -2.46% ]
  Vedanta 308.1 [ -4.49% ]
  Shipping Corpn. 87.4 [ -2.78% ]
  Sun Pharma. 513.3 [ -1.20% ]
  Tata Chemicals 615.05 [ -3.85% ]
  Tata Motors Ltd. 411.2 [ -0.51% ]
  Tata Steel 654.55 [ -4.70% ]
  Tata Power Co. 80.5 [ -3.25% ]
  UltraTech Cement 3994.2 [ -4.18% ]
  United Spirits 2464.9 [ -3.92% ]
  Wipro Ltd 294.05 [ 1.00% ]

News Details

Bajaj looks to sell 50,000 ‘V’ bikes in 18 months

Back
08/03/2016 17:03
Bajaj Auto announced that it is planning to sell around 50,000 units of 150CC ‘V’ bikes in India as well as extend the brand to other segments after 12-18 months.

Bajaj VP Marketing (motorcycle) Sumeet Narang said, “This is the sixth brand from our stable. We expect to sell 50,000 units of 150CC commuter segment ‘V’ brand motorcycles in the next 12-18 months using metal from the dismantled INS Vikrant.”

He added, “The company was ‘open to evaluate’ on whether to extend ‘V’ brand to other bike categories, but that would depend on acceptance level and to which category of consumers.”

At present, the 150CC segment ruled the sport segment.

On the weak market scenario, he said, “Despite the motorcycle market remaining subdued, the three launches last year were successful to beat the market trend.”

He also added, “We have launched a new model of CT-100B in January this year which costs about Rs. 31,000 ex-showroom Delhi as the scope for rural penetration still remained high. Its nationwide launch is being gradually done. The CT-100 was launched last year at Rs. 35,000, when industry price was hovering at Rs.40,000.”