CorporateBajaj Auto aims 27% market share in motorcycles
Buoyed by a 100 per cent jump in sales and a 10 per cent increase in market share in September-October, Bajaj Auto is aiming for a 26-27 per cent maket share in motorcycles in FY10.
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"Our overall motorcycles market share in FY09 was 22 per cent. We have clocked a robust performance so far and should achieve a market share of 26-27 per cent in FY10," Bajaj Auto"s two-wheeler division"s CEO S Sridhar told PTI here.
More than 70 per cent of this market share is expected to be powered by its two best-sellers -- Pulsar and Discover, he said.
Bajaj Auto plans to launch a new bike from the Pulsar family in early-2010 and also ramp up capacity of its Discover from 90,000 to one lakh units in two-months time, he said.