Sales volumes - October 2004

	October 2004	October 2003	Change %
MOTORCYCLES	143,491	107,115	34.0%
TOTAL 2 WHEELERS	157,631	134,949	16.8%
3 WHEELERS	19,062	20,834	-8.5%
TOTAL 2 & 3 WHEELERS	176,693	155,783	13.4%
EXPORTS OUT OF ABOVE	15,262	13,360	14.2%

YTD Sales volumes April~October 2004

	April~October 2004	April~October 2003	Change %
MOTORCYCLES	755,702	597,778	26.4%
TOTAL 2 WHEELERS	857,290	757,938	13.1%
3 WHEELERS	137,821	126,063	9.3%
TOTAL 2 & 3 WHEELERS	995,111	884,001	12.6%
EXPORTS OUT OF ABOVE	111,275	82,965	34.1%

MOTORCYCLES

Bajaj Motorcycle sales at 143,491 units represented a 34% YoY growth, well ahead of 14.1% estimated for the industry, yielding a 28.1% market share for October '04 Vs 23.9% for October, '03.

The 6 month old Bajaj CT100 achieved a stellar 90,222 units while the month old Bajaj Discover scorched its way to 19,632 units. Both continue to draw bookings exceeding production capacity.

The Bajaj Pulsar twins continued their dominance with 23,107 units.

Notably, all bajaj motorcycle sales growth was product-led, devoid of any demand pre-poning promotional schemes, thus enhancing profitability while simultaneously not jeopardizing the potential of the rest of this financial year post the festive season peak.

On the basis of the strong all-round demand for its mainline products, Bajaj expects that the higher sales and profitability levels for October '04 should be sustainable for the rest of the Financial year.