Bajaj Auto exports over 1.2 million bikes in first nine months of FY2021

India’s No. 1 two-wheeler exporter accounts for 57% of total two-wheeler exports in the April-December 2020 period.

By Ajit Dalvi calendar 15 Jan 2021 Views icon8324 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Bajaj Auto exports over 1.2 million bikes in first nine months of FY2021

Bajaj Auto, which was recently crowned the most valuable two-wheeler company in the world, continues to make news on the export front. In the first nine months of FY2021 (April-December 2020), the company has shipped a total of 12,36,617 units. While this number is 12.84% down on its year-ago exports, the performance is commendable considerable most global markets have been adversely impacted by Covid-induced lockdowns and resultant loss of sales.

The importance of Bajaj Auto to the overall two-wheeler industry’s performance can be gleaned from the fact that the company accounts for 57% of total Indian OEM shipments of 21,72,015 units (-19%) in the period under review  (see table below).

The No. 2 two-wheeler exporter is TVS Motor Co with 479,941 units (-6.86%), followed by Honda Motorcycle & Scooter India with 139,725 units (-44%) and India Yamaha Motor, with 119,471 units (-50%).

For Bajaj Auto, the bulk of the exports are from the Boxer, CT, Discover and Platina which together account for 699,117 units or 56% of total exports for the company.

Tags: Bajaj Auto
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