Moneycontrol
Nov 02, 2017 11:53 AM IST | Source: CNBC-TV18

Expect 20% growth in second half of FY18: Bajaj Auto

Bajaj Auto's October sales were exactly in line with street estimates with domestic commercial vehicle sales being the highest ever for the company. In an interview to CNBC-TV18, Kevin Dsa, President-Finance, Bajaj Auto spoke about the latest happenings in his company and sector.

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Bajaj Auto's October sales were exactly in line with street estimates with domestic commercial vehicle sales being the highest ever for the company.

In an interview to CNBC-TV18, Kevin Dsa, President-Finance, Bajaj Auto spoke about the latest happenings in his company and sector.

For second half, a growth of about 20 percent is on the cards primarily because the base effect comes into play in second half of the year, he said.

Platina and CT-100 have been seeing strong volume growth, he added.

Nigeria sales have picked up in October, said Dsa.

We see exports doing healthy and we are well poised to cross our internal target which was at about 1.6 million for the year – we will see it closer to 1.7 million, he further mentioned.

For full interview, watch accompanying video...
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