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It said that the NS400 Pulsar, which will come in its biggest engine avatar yet at 373cc, will ensure that the company sets a "relentless pace and is always top of mind of this customer."
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The automaker is open to the idea in the long term if the market dynamics change, executive director Rakesh Sharma tells Moneycontrol amid a push by multiple EV startups to introduce e-motorcycles
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Positive outlook for domestic and export segments, reasonable valuation, strong product pipeline and a bounce-back in demand for premium bikes make Bajaj Auto an attractive bet for the long haul.
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The company is expected to launch the electric version of the Chetak scooter, which would be revived after decades of dormancy.
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The specs remains largely unchanged apart from the ABS update
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All the motorcycles in the lineup feature carburetted engines, apart from the Pulsar RS 200.
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The NS 125 will act as a de facto successor to the discontinued LS135.
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Currently, the cheapest Bajaj motorcycle on sale is the 150 Neon which retails at Rs. 68,250 (Ex-showroom).
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The new variant will be made available in addition to the existing single disc model, Bajaj Auto said in a statement.
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It is tough to ascertain when sales will pick up as the demonetisation pain could continue for few more months says S Ravikumar, President - Business Development at Bajaj Auto.
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Ravikumar is confident that the drop in exports could end in the second quarter of financial year 2017. The company is going to review its export guidance of 16 lakh units for FY17 by December.
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For the first time, Bajaj Auto will take on Royal Enfield in the premium motorcycle market, with the launch of the 400-cc Pulsar next month and CNBC-TV18 reports this launch will only be the first salvo in what promises to be a long battle.
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While for Bajaj, the product will come with a new brand name, the first in nearly a decade adding to its flagship models Discover and Pulsar, for Royal Enfield, the new Himalayan motorcycle will be its first launch in 18 months.
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S Ravikumar, President -Business Development, Bajaj Auto says "Our distributor in Argentina had anticipated this situation and this depreciation was fully factored in".
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Latin America contributes 20 percent of Bajaj Auto‘s exports with Argentina being one of the key growth markets. Exports overall account for 50 percent of its revenue and enjoy 20 percent EBITDA margin.
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Dsa says the company lost some numbers in Nepal because of the disturbance in that country. He says the response to the new Avenger series has been encouraging, and there have been 7000 bookings already
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Profit growth was led by low base in year-ago period. In Q2FY15, profit was hit by one time penalty of Rs 340.2 crore from Uttarkhand government on account of National calamity contingent duty case.
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S Ravikumar, President - Business Development, Bajaj Auto, says the company plans to launch three new Avengers in October.
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Bajaj Auto will also be launching a new motorcycle brand after a decade. Right now, it has three brands - Discover, Pulsar and the Platina
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The company, which sells various popular motorcycle models including Pulsar, Discover and Platina, currently has a market share of 18 percent in the domestic market.
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Three factors resulted in Bajaj Auto's market share falling off the cliff. Here's how the company is making a comeback.
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In an interview with CNBC-TV18, Ravikumar says he expects launch of the upgraded Pulsar to push sales of premium segment bikes.
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Homegrown automaker Bajaj Auto said its May monthly sales stood were down 2 percent to 3.45 lakh, compared to 3.51 lakh year-on-year.
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Overdrive‘s Shubhabrata Marmar finds out what Bajaj Auto's new Pulsar AS150 and AS200 are all about.
