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Bajaj Auto exports reach one lakh units

MUMBAI DEC. 5. Bajaj Auto Ltd on Friday registered a record in the Indian automobile sector by crossing the one lakh mark in exports in a year.

This fiscal, the company expects to export over 6 per cent of two-wheeler production and over 25 per cent of three wheeler production culminating in a 1,50,000 plus export volume, Bajaj Auto said in a release here. This would be a growth of 60 per cent over the last year and a Rs. 525 crore plus export turnover, it said.

In the medium term, the company would target all major markets to reach a milestone of exports of five lakh units, it added. — PTI

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