Bajaj Auto Ltd (BAL),on Wednesday, said it would be expanding its motorcycle manufacturing capacity by about a fourth to reach 5.7 million units per annum by the end of the present financial year.
Addressing a press conference, K. Srinivas, President, Motorcycle Business, BAL, said it would expand motorcycle capacity across its three plants at Waluj and Chakan in Maharashtra and Pantnagar in Uttaranchal by 1.2 million units from the present 4.5 million units. “We are not facing capacity constraints but expansion is being undertaken keeping an eye on the future. It will entail a nominal investment as typically around 80 per cent of expansion is at the vendor’s end,” he added.
BAL’s Discover 125ST, launched three months ago, sold 35,000 units in September 2012. “We plan to sell 45,000 units in October, and cross the 50,000 unit-mark in November 2012. We will start exporting 5,000 units next month,” he said.
From November , BAL would make 10,000 units of the Pulsar NS, and export 1,000 units. It exported 8,000 units of the 150 cc Boxer which, would, henceforth, be only for export markets.