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Bajaj Auto to enter 12 new export markets by first quarter end

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  • Bajaj Auto to enter 12 new export markets by first quarter end

    Bajaj Auto, one of the leading two-wheeler makers in India, is planning to enter 12 new export markets by 2016 first quarter end.

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    Bajaj has reported a decline in export volume in the last few months because of political and economic uncertainties in some of its export markets, particularly in oil-producing emerging markets.

    Rakesh Sharma, president of international business at Bajaj Auto, said
    "The company is executing an aggressive expansion plan to get into newer countries. This, coupled with the recent market share gains, will hold the firm in good stead and minimize the impact of any macroeconomic headwinds. This will help the firm report a growth of 13-15% in export volumes over the next 3-4 years."
    He also added: Bajaj Auto to enter 12 new export markets by March end - Livemint
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