Bajaj Auto Ltd - Company Profile
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Business Description
Bajaj Auto Ltd (Bajaj Auto) is a manufacturer of automotive products. The company develops, manufactures and distributes automobiles such as motorcycles, electric vehicles and commercial vehicles in utility, commuter and sports motorcycles and intra-city vehicle markets. It also sells spare parts and accessories.
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R&D Overview
The R&D arm of Bajaj Auto focuses on developing new products; and improving its operations in the areas of manpower and facilities. In FY2023, the company focused on numerous EV projects to strengthen its EV portfolio. It developed a low-speed two-wheeler EV for catering to the requirements of the shared mobility business. It also made upgrades in various models of the pulsar family. In FY2023, the company reported R&D expenditure of INR5,250.6 million, which was 1.48% of the company’s total revenue.
Business Segments
Overview
Develops, manufactures and distributes automobiles such as motorcycles, and commercial vehicles such as passenger and goods three-wheeler carriers. It also sells spare parts and accessories. The key motorcycle product portfolio includes Pulsar, Dominar, Avenger, Platina, KTM and CT. It also sells Chetak two-wheeler electric vehicles. Key three Wheelers include EV-RE, Maxima Cargo, Maxima Cargo XL, RE, Maxima Z, Maxima X Wide and Maxima C.
Performance
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Overview
Invests in PT Bajaj Auto Indonesia, Bajaj Auto International Holdings BV and Bajaj Auto (Thailand) Ltd, Bajaj Do Brasil Comercio De Motocicletas Ltd, Bajaj Auto Spain S.L.U, Chetak Technology Ltd and Bajaj Auto Consumer Finance Ltd.
Performance
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Geographical Segments
Performance
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Performance
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