Latest News on Bajaj Auto Ltd
India’s two-wheeler sector is experiencing a remarkable surge, poised to replicate Japan’s remarkable success story.
India’s motorcycle industry is experiencing a remarkable surge, drawing comparisons to Japan’s iconic rise in the 1960s and 1970s. During that period, Japanese manufacturers such as Honda, Yamaha, and Suzuki revolutionized the global motorcycle market with their innovative designs, high-quality products, and competitive pricing. Similarly, India is now poised to become a major player in the global motorcycle industry, with its domestic market growing at an unprecedented rate.
The Indian motorcycle market has been expanding rapidly, driven by a combination of factors such as a large and young population, increasing disposable income, and a growing demand for affordable and fuel-efficient vehicles. According to industry estimates, India is expected to become the largest motorcycle market in the world, surpassing China, by 2025. The country’s motorcycle sales have been consistently growing, with over 17 million units sold in 2020 alone.
Several Indian manufacturers, such as Hero MotoCorp, Bajaj Auto, and TVS Motor, are driving this growth, with their products gaining popularity both domestically and internationally. These companies have been investing heavily in research and development, introducing new models and technologies, and expanding their global footprint through exports and strategic partnerships. Hero MotoCorp, for example, has become the world’s largest two-wheeler manufacturer, with a global presence in over 40 countries.
The Indian government has also been supportive of the industry, implementing policies to promote the growth of the motorcycle sector. The government’s “Make in India” initiative, launched in 2014, aims to encourage domestic manufacturing and attract foreign investment. Additionally, the government has introduced policies to promote the use of electric vehicles, with the aim of reducing the country’s dependence on fossil fuels and decreasing pollution.
As the Indian motorcycle industry continues to grow, it is likely to have a significant impact on the global market. Indian manufacturers are expected to increase their exports, competing with established players in markets such as Southeast Asia, Africa, and Latin America. The industry’s growth is also expected to create new job opportunities, both directly and indirectly, contributing to the country’s economic development.
In conclusion, India’s motorcycle industry is on the cusp of a revolution, with the potential to become a global leader in the sector. With its growing domestic market, innovative manufacturers, and supportive government policies, India is poised to shape the future of the motorcycle industry, much like Japan did in the 1960s and 1970s. As the industry continues to grow and evolve, it will be exciting to see how Indian manufacturers navigate the global market and establish themselves as major players.
Rajiv Bajaj will relinquish his position on the supervisory board of Pierer AG, the parent company of KTM.
KTM, a leading motorcycle manufacturer, is undergoing a significant restructuring process, which includes a major reshuffle of its supervisory board. Pierer AG, KTM’s parent company, has announced that Rajiv Bajaj, Stephen Zöchling, and Friedrich Roithner will resign from the board, effective after the next annual general meeting (AGM) on June 23, 2025. This move is part of a broader effort to restructure KTM and stabilize its operations.
Rajiv Bajaj, who is currently serving as deputy chairman, has played a crucial role in KTM’s restructuring process. Bajaj Auto Limited, which owns a significant stake in KTM, has infused 200 million euros into the company as part of a larger rescue package. The total debt funding arranged by Bajaj Auto International Holdings BV, a wholly-owned subsidiary of Bajaj Auto Limited, amounts to 800 million euros.
The resignation of the existing board members will make way for new appointees, including Dinesh Thapar, CFO of Bajaj Auto Limited, and Pierer AG’s legal advisors, Ernst Chalupsky and Ewald Oberhammer. This change in leadership is expected to signal a deeper integration between Bajaj Auto and Pierer AG, as they work together to revive KTM’s operations.
The restructuring process is aimed at stabilizing KTM’s finances and positioning the company for a strategic revival. With fresh leadership and renewed funding, KTM is expected to focus on its core business and drive growth in the motorcycle market. The move is seen as a positive step towards securing the future of the brand and enhancing its competitiveness in the global market.
The departure of the existing board members and the appointment of new leaders marks a significant milestone in KTM’s restructuring journey. As the company moves forward with its new leadership, it is expected to make significant strides in reviving its operations and achieving long-term success. With the support of Bajaj Auto Limited and Pierer AG, KTM is poised to emerge stronger and more resilient, ready to take on the challenges of the ever-evolving motorcycle industry.
India is set to witness a surge in electric mobility with Suzuki, Bajaj, Hero, and TVS unveiling new electric scooters this month.
The Indian electric two-wheeler market is set to get a boost with several new launches this year. Suzuki is entering the EV segment with its first electric scooter, the e-Access, which is expected to launch in June 2025. The e-Access is designed as an urban commuter and comes with a 3.07 kWh Lithium Iron Phosphate (LFP) battery pack, a 4.1 kWh motor, and a claimed riding range of 95 km. It also features a 4.2-inch TFT LCD dashboard with wireless smartphone connectivity via Bluetooth.
Hero’s EV division, Vida, is launching a new electric scooter called the VX2 on July 1. The VX2 will be priced lower than the existing Vida V2 lineup and will borrow styling elements from the V2. Although technical specs have not been announced, it is likely to feature a smaller TFT screen, physical key slot, and standard 12-inch wheels.
Bajaj Auto is also set to launch a lower-cost variant of its top-selling Chetak electric scooter by the end of June 2025. The new entry-level version is likely to be positioned below the Chetak 3503 and will be modeled on the best-selling Chetak 2903 variant. Updates from the 2903 are anticipated, including a higher riding range, improved under-seat storage, and a battery mounted on the floorboards for improved space usage.
TVS is also planning to launch an all-new entry-level electric scooter, reportedly called the TVS Orbiter, later this year. The new model will be placed below the existing iQube range and will aim for budget buyers. Although complete specifications remain to be announced, it will reportedly employ a hub-mounted electric motor and feature less complex hardware to maintain low production costs. The scooter is expected to be priced around ₹1 lakh, making it an attractive option for daily city commutes.
Overall, these new launches are expected to heat up the Indian electric two-wheeler market, offering better options for customers and increasing competition among manufacturers. With improving price, design, and performance, electric scooters are becoming a more viable option for daily commutes, and these new launches are likely to further boost their popularity.
Bajaj Auto gains controlling stake in KTM following a substantial $905 million investment.
Bajaj Auto, an Indian multinational automotive manufacturing company, has taken a significant step towards acquiring majority ownership of KTM, a renowned Austrian motorcycle manufacturer. In a deal worth $905 million, Bajaj Auto has exercised a call option to increase its stake in KTM, paving the way for the Indian company to take control of the Austrian firm. This move is expected to bring an end to the 30-year reign of Stefan Pierer, the current CEO of KTM.
The investment by Bajaj Auto will not only provide KTM with the necessary funds to expand its operations but also give the Indian company a significant say in the decision-making process. Bajaj Auto has been a long-term partner of KTM, holding a stake in the company since 2007. Over the years, the two companies have collaborated on various projects, including the development of new motorcycles and the expansion of KTM’s global sales network.
The acquisition of KTM by Bajaj Auto is seen as a strategic move to strengthen the Indian company’s presence in the global motorcycle market. KTM is known for its high-performance motorcycles, and the acquisition will provide Bajaj Auto with access to advanced technology and design expertise. The deal is also expected to boost KTM’s sales in India, where Bajaj Auto has a strong distribution network.
The takeover of KTM by Bajaj Auto has been met with mixed reactions from the industry. While some see it as a positive move for both companies, others are concerned about the potential loss of autonomy for KTM. However, with Bajaj Auto’s commitment to maintaining KTM’s independence and autonomy, it is likely that the Austrian company will continue to operate as a separate entity.
In other news, India’s crude oil production, refinery throughput, and petroleum product output have all declined in April. This decline is attributed to the COVID-19 pandemic, which has had a significant impact on the global energy market. The decline in oil production and consumption is expected to continue in the coming months, as the pandemic continues to affect economic activity worldwide.
Overall, the acquisition of KTM by Bajaj Auto is a significant development in the global motorcycle industry. With its strong brand reputation and advanced technology, KTM is poised to become a major player in the Indian market, and Bajaj Auto’s investment is expected to drive growth and expansion for both companies.
Royal Enfield’s upcoming 250cc model is expected to feature a hybrid engine possibly supplied by CFMoto.
Royal Enfield, the iconic Indian motorcycle brand, is planning to launch a new 250cc platform, codenamed “V”, which will be powered by an engine licensed from Chinese motorcycle giant CFMoto. This move is aimed at meeting India’s upcoming fuel efficiency mandates and tapping into the growing entry-premium market. The new engine is designed to be compact, fuel-efficient, and adaptable to hybrid configurations, allowing Royal Enfield to pivot towards mild-hybrid or full-hybrid configurations in the future.
The partnership with CFMoto is a technical alliance, with Royal Enfield retaining control over the chassis, suspension, and design of the motorcycle. The engine technology will be sourced from CFMoto, but the bike will still embody Royal Enfield’s signature DNA and aesthetic. The company is expected to price the new 250cc models between Rs 1.25 lakh-1.35 lakh, targeting first-time premium buyers and commuters upgrading from smaller bikes.
The “V” platform is a key part of Royal Enfield’s strategy to double its annual production from 1 million to 2 million units by 2030. The company is also working on a 750cc twin-cylinder platform and an electric vehicle program, as it diversifies its portfolio. The new 250cc engine will be produced at Royal Enfield’s Chennai facility, with 85-90% localization to keep costs competitive.
The partnership with CFMoto is a significant development for Royal Enfield, as it marks a shift towards a more tech-forward and sustainable approach. The company is looking to leverage Asia’s advanced component ecosystem to fuel its growth, and the CFMoto deal is a key part of this strategy. With the Indian government’s focus on electric vehicles and fuel efficiency, Royal Enfield is positioning itself for a hybrid-powered future, while still maintaining its iconic brand identity.
The competitive landscape in the entry-premium segment is heating up, with rivals like Bajaj Auto, TVS Motor, and Honda launching technology-rich offerings. Royal Enfield’s partnership with CFMoto and its focus on hybrid technology could give it an edge in the market, both in India and export markets like Southeast Asia and Europe. The company’s outreach to CFMoto reflects a pragmatic approach to global collaboration, blending its heritage with cutting-edge tech to stay ahead in a rapidly evolving industry.
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Bajaj Pulsar 150 Unveiled: Explore the Latest Specifications, Pricing, and Enhanced Features
Bajaj Auto has introduced the standard model of its popular bike, Pulsar 150, in the market with new updates. The Pulsar 150 has always been a favorite among young riders, thanks to its stylish design. The new model comes with exciting features and improved performance, making it a strong contender in its segment. The bike’s engine is a 149.5cc air-cooled unit, producing 14 PS of power and 13.25 Nm of torque, paired with a 5-speed manual transmission. The company claims a mileage of 47.5 kmpl, making it suitable for both city roads and long-distance riding.
The Pulsar 150 boasts modern features such as a digital speedometer, digital instrument cluster, digital auto meter, and digital trip meter. Additionally, it has LED headlights and LED indicators, which enhance its style and provide better visibility at night. For safety, the bike is equipped with front and rear disc brakes, tubeless tires, and alloy wheels, making riding safe and comfortable. Some variants also feature Bluetooth connectivity and a USB charging port, making it more useful for young riders.
The bike’s powerful engine performance is thanks to its 149cc single-cylinder engine, which generates a maximum torque of 14 Nm and a maximum power of 14 Bhp. This combination of power and torque makes the bike suitable for both city riding and highway cruising. The smooth performance and quick acceleration provide an exciting experience for the rider and pillion. The suspension setup consists of a telescopic fork and twin shock absorber, which provides a comfortable riding experience, especially on bad roads.
The ex-showroom price of the updated model starts at ₹ 1.13 lakh, making it an affordable option compared to other bikes in this segment. The price may vary slightly depending on different variants and features. Overall, the new Pulsar 150 is a great option for those looking for a stylish, feature-packed, and powerful bike with a comfortable riding experience. With its impressive performance, safety features, and affordable price, the Pulsar 150 is set to continue its popularity among young riders.
It’s announced that Madhur Bajaj, the former CEO of Bajaj Finserv, has reached the end of his tenure.
Madhur Bajaj, the former vice chairman of Bajaj Auto, has passed away at the age of 73 (or 63, depending on the source). Bajaj had a long and distinguished career in the automotive industry, serving as the vice chairman of Bajaj Auto, a leading two-wheeler and three-wheeler manufacturer, from 1995 to 2005.
During his tenure at Bajaj Auto, the company saw significant growth and expansion, with Bajaj playing a key role in shaping the company’s strategy and direction. After stepping down as vice chairman, Bajaj continued to serve as a non-executive director on the company’s board.
The exact cause of Bajaj’s death was not specified in the reports, but it appears to have been sudden, with no announcement made prior to his passing. News of his death has been widely reported in Indian media outlets, with tributes pouring in from colleagues, friends, and industry peers.
Bajaj’s legacy in the automotive industry is significant, with his contributions to Bajaj Auto’s growth and success widely acknowledged. He was known for his innovative thinking, leadership skills, and ability to drive change, and his passing is being mourned by those who knew and worked with him.
As an industry veteran, Bajaj’s passing is likely to be felt across the automotive sector, particularly in India, where Bajaj Auto is a household name. His contributions to the industry will not be forgotten, and he will be remembered as a leader, innovator, and a champion of Indian industry.
Bajaj Auto Reports 1% Increase in March Sales Compared to the Same Period Last Year
Bajaj Auto, a leading two-wheeler manufacturer, achieved a 7% growth in fiscal year 2024-25, selling 46.51 lakh units. The company’s two-wheeler division grew by 7%, with sales reaching 39.82 lakh units, driven by a strong 13% rise in exports, which totaled 16.74 lakh units. Domestic two-wheeler sales grew at a more modest pace of 3%, reaching 23.08 lakh units.
The commercial vehicle segment also saw a 7% growth, with sales totaling 6.69 lakh units. Exports drove this growth, rising by 19% to 1.89 lakh units, while domestic sales saw a 3% increase, reaching 4.79 lakh units. Overall, Bajaj Auto’s global shipments grew by 2% to 1.48 lakh units, and domestic sales reached 2.21 lakh units.
In March 2025, the company saw a slight 1% increase in total sales, with 3.70 lakh units sold. The two-wheeler division’s sales also rose by 1% to 3.16 lakh units, driven by a 2% increase in exports, offsetting stable domestic sales. The commercial vehicle segment saw a more substantial 4% growth, propelled by an 11% rise in exports and a 1% increase in domestic sales.
Bajaj Auto’s success can be attributed to its diverse product lineup, which catered to the growing demand for cost-effective and fuel-efficient vehicles. The company’s popular Pulsar series, including models like 125, N160, N125, and N250, has been a cornerstone of the brand’s identity. Additionally, Bajaj Auto offers the Chetak electric scooter in different configurations to provide affordable and sustainable mobility solutions.
Hero, TVS, Royal Enfield, and Suzuki showcase growth, while Bajaj maintains its steady sales trajectory.
The Indian two-wheeler market saw significant growth in March 2025, with major manufacturers reporting strong sales figures. Suzuki Motorcycle India achieved its all-time high monthly sales in March 2025, selling 1,25,930 units, a 21% increase over the previous year. Honda Motorcycle and Scooter India sold 4,27,448 units, a 10% year-on-year growth.
Hero MotoCorp continued its growth with 5,49,604 two-wheelers sold in March 2025, a 12% increase over the same month last year. TVS Motor Company recorded a 17% increase in sales with 4,14,687 units sold. Royal Enfield also registered a 34% year-on-year growth with 1,01,021 units sold in March 2025.
Bajaj Auto maintained a stable performance with a 1% increase in exports. The company sold 3,69,823 units in March 2025, including commercial vehicles. While domestic sales remained largely unchanged, exports saw a slight increase.
Suzuki Motorcycle India’s FY2024-25 sales stood at 12,56,161 units, marking an 11% growth. Hero MotoCorp sold 5,89,901 units in FY24-25, while Bajaj Auto sold 46,50,966 units. TVS Motor Company registered sales of 47,44,000 units in FY24-25, a 13% increase from the previous year.
From a 10-Year Waiting List to an Abrupt Exit: The Mysterious Case of Bajaj Chetak’s Demise
Rahul Bajaj, a prominent Indian businessman and leader, has passed away, leaving behind a legacy that is deeply intertwined with the country’s economic landscape. His life story, as chronicled in the biography “Rahul Bajaj, Ek Bemisal Zindagi” by Geeta Piramal, highlights his upbringing in a family with strong ties to Mahatma Gandhi and the Indian independence movement, which shaped his values and business practices. Under his leadership, Bajaj Auto, India’s largest two-wheeler and three-wheeler manufacturer, achieved great success, becoming the world’s fourth largest manufacturer in its category.
The biography sheds light on pivotal moments, including the rebranding of Bajaj scooters after ending its partnership with Piaggio, a move that proved successful due to the brand’s strong reputation and a 10-year waiting list for their scooters. The Bajaj Chetak, named after the legendary steed of Maharana Pratap Singh, became an iconic symbol of middle-class India, known for its affordability, reliability, and status symbol. Although it was discontinued in 2005 due to the company’s failure to recognize the shift towards motorcycles in the late 1990s, Bajaj Auto continued to thrive, ending 2021 with a market capitalization of Rs 1,00,670.76 crore (approximately $13.6 billion).
A testament to the company’s ability to adapt and innovate, Bajaj Auto revived the Chetak in 2019 as an electric scooter. Rahul Bajaj’s life story is a testament to his business acumen and the enduring legacy of a brand that has become synonymous with Indian mobility. His passing leaves a void, but his legacy will continue to inspire future generations of business leaders.