In March 2004 Bajaj Auto records a 27.4% growth in Motorcycles.

A total of 94,322 Motorcycles have been sold during the current month registering a growth of 27.4% over March 2003.

In the premium segment, the Pulsar twins recorded a sale of 25,807 numbers v/s 15,867 numbers in March 2003 - a growth of 62.6%.

THREE WHEELERS

At a sale of 20,139 numbers, 24.6% higher than March 2003, three wheeler demand continues to be strong. The above numbers include 2,398 numbers of GC-1000 - the new higher pay-load goods carrier.

EXPORTS

Exports for the month was 13,625 numbers [ 9,843-2 wheelers & 3,782 -3 wheelers] as against 7,209 units in March 2003 - an increase of 89%.

BAJAJ AUTO'S 2 & 3 WHEELER SALES CROSS 1.5 MILLION NUMBERS IN FY 03-04 - AN ALL TIME HIGH.

MOTORCYCLE SALES CROSS 1 MILLION NUMBERS - YOY GROWTH OF 17.9% - HIGHER THAN INDUSTRY GROWTH RATE.

Motorcycles

A total of 10,23,650 motorcycles were sold in FY 03-04 v/s 868,138 motorcycles in FY 02-03 registering a growth of 17.9% - higher than the industry growth rate of approximately 15%.

In the premium segment, a total of 2,82,173 Pulsar's were sold during FY 03-04 v/s 183,754 in FY 02-03 - a growth of 53.6%.

54% of Bajaj's motorcycle portfolio now comprises of products in the executive and premium segment. (v/s 38% in FY 02-03)

In March 2004, the Chakan plant reached a landmark cumulative production figure of over 500,000 Pulsars within a short span 29 months.

Exports

A total of 1,56,008 numbers [ 90,210 - 2 wheelers & 65,798- 3 wheelers] were exported during the year v/s 94,241 numbers in FY 02-03 - an increase of 65.5 %.

The Company continues to be the No:1 exporter of 2 & 3 wheelers in the country. Cumulative exports in value for FY 03-04 is over Rs. 550 crores.

AWARDS

The Company's efforts to blend creativity with competitive technology in new product development have been recognised and some of the awards received during the year are: