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Bajaj record 27 per cent growth in India for August 2018

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Neil Nair

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Bajaj record 27 per cent growth in India for August 2018

- Sold 2.18 lakh motorcycles in India.

- Exports see a growth of 29 per cent

Pune-based manufacturer, Bajaj has recorded a 27 per cent increase in domestic sales for August 2018. It has managed to solidify its position as India’s fourth-largest two-wheeler manufacturer. 

It sold 2.18 lakh motorcycles last month as compared to the 1.71 lakh units sold in the same month last fiscal. Bajaj also announced a decent 29 per cent growth in export numbers with 1.44 lakh units sold overseas. In comparison, the manufacturer had shipped off 1.12 lakh motorcycles last August. Overall, Bajaj sold a total of 3.62 lakh units last month as against the 2.83 lakh units sold in August 2017. 

Bajaj’s portfolio is the strongest in the commuter segment with the most affordable CT100 being the highest selling model. The Pulsar 150 also manages to rake in good numbers for the manufacturer. Bajaj recently joined hands with British two-wheeler manufacturer, Triumph. This partnership is likely to result in a new 500cc, single-cylinder motorcycle expected in 2020.

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