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January Sales Performance
February 1, 2004

AWARDS

It has been awards galore for Bajaj Auto -

Wind 125 was ranked Bike of the year 2004 by BS Motoring and Two wheeler of the year in CNBC Autocar Auto Awards - 2004.
ICICI-Overdrive ranked Pulsar - DTSi Bike of the year 2004 and Pulsar again scored the BBC World Wheels Viewers choice 2 wheeler of the year 2003.
In-house developed DTSi Technology won "Auto Tech of the year" acclaim from ICICI-Overdrive Awards 2004.
Bike maker of the year - was also conferred on Bajaj Auto by ICICI-Overdrive.

New Product offerings shown in Auto Expo 2004

New 110 cc CVT scooter "Bajaj Wave" with DTSi technology, Wonder gears on Bajaj Chetak scooter and New Super 100 motorcycle - displayed in Auto Expo 2004 - evoked encouraging response in Auto expo.

January 2004 - BAJAJ CLOCKS GROWTH OF 12.6% IN MOTORCYCLES

JAN 2004 JAN 2003 GROWTH
MOTORCYCLES 84,500 75,059 12.6%
TOTAL 2 WHEELERS 106,872 103,790 3.0%
3 WHEELERS 20,150 17,426 15.6%
TOTAL 2 & 3 WHEELERS 127,022 121,216 4.8%
EXPORTS OUT OF ABOVE
TOTAL 2 & 3 WHEELERS
15,029 10,089 49.0%

MOTORCYCLES

Aided by growth in Executive & Premium segments - Bajaj recorded a sale of 84,500 motorcycles in Jan '04 - 12.6 growth over January'03.

In the premium segment the Bajaj Pulsar twins recorded 24,489 units sale against 22,990 units sold in January 2003.


In the executive segment the Bajaj Caliber 115 and the Bajaj Wind 125 together accounted for 16,826 units (Up by 102% compared to last January's 8,315 units).

In January '04, 49% of the motorcycle portfolio is contributed by the Executive and Premium models (as against 41.9% last Jan).

THREE WHEELERS

At 20,150 units, up 15.6% over January '03, demand for 3 wheelers continues to be strong. This includes 2,230 units of the Bajaj GC 1000 - Company's latest higher pay-load goods carrier, whose production is now being increased to 2,500 units, within the over all capacity increase to 25,000 units per annum.

EXPORTS

Exports crossed the 15,000 mark again at 15,029 units and exports are up 49% over 10,089 units exported in Jan '03.


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