it consists of export and domestic sales both but in India's domestic
market Bajaj's growth is only about 5% which is negligible as compared
to Honda (44%), Yamaha (33%), Hero (27%) and Suzuki (29%) on Y-o-Y
basis. In export, sale in Bajaj Auto will have an adverse effect due
to Hero's 100% export oriented Sanand Gujarat project near Ahmedabad.
While in 3 wheeler segment Piaggio, Mahindra and TVS may take a toll
on Bajaj Auto sale due to increase in their production capacity. The
Indian two wheeler industry's growth rate is 22% while Bajaj's growth
is negative as compared to its competitors and it may further go down
due to increasing production capacity of Honda (Alwar plant and
Karnataka plant), Yamaha, Hero and Suzuki.
SELL BAJAJ AUTO.
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