Business

Bajaj Auto aims 3l three-wheelers to sell in current fiscal

PNS

Bajaj Auto on Tuesday said it aims to sell three lakh three-wheelers in the current fiscal, a growth of over 17 per cent over the last fiscal. The Pune-based firm sold 2,54,967 three-wheelers during the 2015-16 fiscal.

“Backed by overwhelming customer response to our new range of diesel passenger vehicles and our strategic re-entry into the three-wheeler cargo industry, we are now targeting leadership in the diesel passenger segment and a double digit growth in 2016-17,” Bajaj Auto President (Commercial Vehicle Business) RC Maheshwari said.

The comapny’s performance over the years is a testament of the company’s leadership in offering some of the world’s finest three-wheeler products, he added. “We have seen significant growth in the Petrol plus alternate fuel vehicle category, where Bajaj Aauto has a share of 90 per cent of the market,” Maheshwari said.