Bajaj Auto to use Pantnagar, Waluj plants for expansion
Bajaj auto has earmarked Walui and Pantnagar units for its future expansion activities. The combined capacity of these two units would be nearly 2.8 million units while the Chakan unit has the capacity of 1.2 million. The target for the company to attain in 2011-12 would be around 5 million units put together from these units at 1.2 million from Chakan unit, 2.3 million from Walui and 1.5 million from Pantnagar unit. Chakan plant is deemed to be the product laboratory for Bajaj and the unit is responsible for premium brands like KTM and Kawasaki range. Walui looks after the three wheelers and other bikes and Pantnagar is an exclusive unit for bikes.
The target for the two wheelers is set as 4 million units in 2010-11 out of which bikes will constitute 3.6 million and 400000 units of three wheelers. For 2011-12 bikes will constitute the major chunk again- close 4.5 million units and 500000 units of three wheeler units. For the next fiscal the export target will be over a million vehicles in the event of attaining the production of 4 million. The export target for the year 2011-12 will be 1.4 million units out of 5 million units. Bajaj will capitalize on the JV with KTM of Austria and Kawasaki of Japan. There will be the continuation of twin brand strategy –Pulsar and Discover- for this fiscal. Both these brands brought some good business to Bajaj and the feat is expected in the years to come too along with KTM and Kawasaki. Boxer too is doing good for Bajaj, which is made in China and exported to Africa. The increase in the three wheeler business will see the growth of RE brand.