With 3,48,173 units sold, Bajaj has surpassed Hero to become the highest motorcycle seller in April 2021.
Hero sold 3,39,329 motorcycles last month
Bajaj exports to over 79 countries
Bajaj Auto working on fourth plant in Chakan
With a sales figure of 3,72,285, Hero sold a higher number of two-wheelers than Bajaj in April 2021, but 32,956 of them were scooters. What this means is that Bajaj Auto sold 8,844 more motorcycles than Hero MotoCorp. Hero’s lower numbers are attributed to the company having voluntarily closed its plants from April 22 to help curb the spread of COVID-19. Bajaj also had a massive advantage when it came to exports, as its number stood at 2,21,603 units as compared to Hero’s 29,671.
Bajaj Auto leads Indian automobile exports, accounting for almost 60 percent of the country’s motorcycle and three-wheeler exports last year. In FY2021, Bajaj Auto’s export income stood at Rs 12,687 crore, with 52 percent of its volumes exported to over 79 countries.
In the COVID-19-impacted FY2021, Bajaj Auto had shipped 17,96,518 units, down 3.9 percent year on year (FY2020: 18,69,220 units). Since April 2020 was a zero production and sales month, a year-on-year growth analysis is not possible. However, seen in terms of month-on-month growth, it can be clearly seen that a strong 49 percent export growth in April 2021 over March 2021 has saved the blushes for the company, as domestic sales were down 30 percent last month.
Bajaj sold 10.25 lakh Pulsars globally
Bajaj Auto pioneered the sports motorcycling segment in India with the launch of the Pulsar in 2001, which continues to be the market leader in the country and in several overseas markets. In FY2021, Bajaj Auto sold over 10.25 lakh Pulsars globally. The company says over 80 percent of its exports come from markets where it enjoys a No 1 or a No 2 position.
Bajaj Auto: future plans
To support the rising demand for its products globally, Bajaj Auto recently announced a major investment of Rs 650 crore in a fourth plant to be built at Chakan, Maharashtra, for its premium motorcycle brand portfolio and the Chetak electric scooter.