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Bajaj This fall home gross sales down 30% YoY | Autocar India

Written by Ravi Kapoor

Regardless of the hunch in home gross sales, the producer had its greatest ever yr by way of exports.

Bajaj Auto has launched its efficiency figures for This fall FY22 and so they make for relatively attention-grabbing studying. Like the remainder of the trade, the corporate has been hit with extreme provide chain points, particularly with regards to semiconductors. In consequence, Bajaj’s home two-wheeler gross sales are down by a substantial 30 p.c when in comparison with the identical quarter within the earlier monetary yr. 

Minor drop in gross sales yearly

General, the corporate bought nearly 1,50,000 fewer two-wheelers final quarter than it did in This fall FY21. The drop over the course of all the yr is smaller in magnitude, with complete home two-wheeler gross sales for FY22 standing at 1.64 million, which is simply 9 p.c decrease than the 1.80 million models bought in FY21. 

Regardless of its struggles within the home market, Bajaj has thrived with regards to exports, recording its greatest ever yr. The Pune-based producer recorded 2.5 million export models in FY22, of which practically 2.2 million had been two-wheelers. This represents a major 22 p.c development in export two-wheeler gross sales in comparison with FY21. This fall particularly, two-wheeler exports dropped by solely seven p.c over final yr, in comparison with the a lot bigger drop within the home market. This appears to recommend that Bajaj is prioritising export gross sales over home gross sales within the face of the chip scarcity. Certainly, the producer now routinely sells extra two-wheelers outdoors India than it does in India, and this was the case in FY21 as effectively.

On the entire although, when combining home and export gross sales, there isn’t a escaping the results of the semiconductor scarcity, with Bajaj registering 18 p.c decrease total two-wheeler gross sales in This fall FY22, in comparison with the identical interval final yr. Considering all the monetary yr, although, the corporate has seen a small development of six p.c in total two-wheeler gross sales. 

Trying on the vivid facet

The corporate is not letting the trade’s adversities dent its spirits, although. It rolled out the next-generation Pulsars within the type of the brand new Pulsar N250 and F250, our assessment of which you’ll be able to take a look at right here. These bikes are all-new from the bottom up, that includes a recent look, a brand new engine and new underpinnings. The remainder of the Pulsar line-up is anticipated to observe go well with with updates quickly, and the corporate even trademarked a few new Pulsar nametags that could possibly be used on upcoming fashions within the sub-brand.

About the author

Ravi Kapoor