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We have appointed M/s Kawasaki Motor Philippines Corporation
(KMPC) as our exclusive distributors to market our 2
wheelers in that country. KMPCs is a joint venture company
of KHI Japan with a local Philippines company in the
Philippines..
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They have commenced with 3 of our motorcycles namely the
BYK, Caliber 115 and the Wind 125.
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Our products shall be sold under 'Bajaj' brand throughout
Kawasaki network all over the Philippines.
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This is the first time that Kawasaki is sourcing products
from Bajaj for selling the same through its network outside
of India.
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Currently the Philippines market is being catered by
Japanese and Chinese products. This is for the first time an
Indian Manufacturer would be entering this market in a major
way with its own Brand Name.
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Philippines traditionally has been a market where
motorcycles have been used as tricycles after attaching a
side car to them, as taxis. Of late, mopeds/step-thrus from
the Japanese and Chinese, at much cheaper prices, have
penetrated the market and that has resulted in 2 wheelers
being used for personal usage. This has given the market
good growth and the market today stands at approx. 300,000
units.
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Motorcycles are being launched in the Philippines Market at
a comparable price to the Srtep-thrus. This is expected to
result in a substantial lateral shift from 100-125 cc
Step-thrus to motorcycles at a comparable competitive price.
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Bajaj models will present an opportunity to the Philippines
customer to use attractively styled motorcycles for personal
use. Kawasaki conducted consumer research over a period of 4
months-the response was very positive. The products will be
sold through 65 dealers with 365 branches across the
Philippines.
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The Philippines launch on 3rd Feb was attended by Kawasaki
Dealers and their response to the Bajaj range was highly
enthusiastic.
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The vehicles are being sent as CBU to Philippines. 360
vehicles have already been exported with another 360 nos
being sent in February itself. Their plan is to sell approx.
3500-4000 units in the first year of operation.
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Currently the tie-up is only for the Philippines market.
This will be the be the test market for further expanding
the Bajaj Kawasaki tie-up to other S-E Asian and South
American Markets.
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