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A
RESEARCH REPORT PROJECT
REPORT
ON
A COMPARATIVE STUDY ofConsumer satisfaction towards BAJAJ V/S
HERO MOTOCORPSubmitted in partial fulfillment of the requirement
For the award of degreeOf
Master of Business Administration(Affiliated to M.M. Technical University, Noida
SESSION
2011-2013
Submitted To: Submitted by:
Dr.Rekha Sharma NAME: AMRITA SINGH(HOD,MBA Department) ROLL NO: 1118270005
http://en.wikipedia.org/wiki/Image:Logo_bajaj.gif -
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STUDENT DECLARATION
I undersign AMRITA SINGH student of MBA IV here by declared that the
research report entitled A COMPARATIVE STUDY of Consumer satisfaction
towards BAJAJ V/S HERO MOTOCORP is completed and submitted under
the guidance ofMRS.GARIMA CHAWLA,(HR Faculty) of KALKA INSTITUTE
FOR RESEARCH AND ADVANCE STUDIES my original work. The imperial
finding in this report is based on the data collected by me. I have not submitted
this project report to MTU, Noida or any other University for the purpose of
compliance of any requirement of any examination or degree.
NAME: AMRITA SINGH
ROLL NO: 1118270005
MBA IV sem
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PREFACE
Practical and Theory are the two aspects of Management education. The
practical training in the domain of management courses has received vital
importance. It exposes to the potential manager towards the actual work
situation and gives a student rich insight into what practically is going on
inside the industries, infect it is the implementation of theory into practices
which is the life force of management.
Two months practical training is an obligatory requirement for the M.B.A.It was of great advantage to receive practical training in BAJAJ AUTO
LIMITED. at MEERUT (U.P.). The management of the company offered
an excellent learning situation.
There have been considerable changes in the technology, operation and
structure of the industry due to globalization, mergers, environmentalissues and available fiber sources, and new challenges being posed by the
changing customer satisfaction levels and multiple market requirements
are forcing industry to adapt to new solutions.
I was assigned special Project: -
Comparative Study of Bajaj V/s Hero Honda
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ACKNOWLEDGEMENT
The research on A COMPARATIVE STUDY of Consumer
satisfaction towards BAJAJ V/S HERO MOTOCORP has been given
to me as part of the curriculum in Bachelor Degree in Business
Administration.
I have tried my best to present this information as clearly as possible
using basic terms that I hope will be comprehended by the widest spectrum
of researchers, analysts and students for further studies.
I will be failed in my duty if I do not acknowledge the esteemed
scholarly guidance, assistance and knowledge. I have received from them
towards fruitful and timely completion of this work.
Mere acknowledgement may not redeem the debt I owe to my parents for
their direct/indirect support during the entire course of this project.
I also thankful to my friend who helped me a lot in the completion
of this project.
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INDEX
Sr No. Particulars Page no
EXECUTIVE SUMMARY
OBJECTIVES
COMPANY PROFILE OF BAJAJ
COMPANY PROFILE OF HERO HONDA
RESEARCH METHODOLOGY
LIMITATION OF RESEARCH STUDY
DATA ANALYSIS AND INTERPRETATION
CONCLUSION
RECOMMENDATION
BIBLIOGRAPHY
ANNEXURE
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EXECUTIVE SUMMARY
In todays corporate and competitive world, I find that insurance sector has the
maximum growth and potential as compared to the other sectors. Insurance has the
maximum growth rate of 70-80% while as FMCG sector has maximum 12-15% of
growth rate. This growth potential attracts me to enter in this sector and BAJAJ
ALLIANZ LIFE INSURANCE has given me the opportunity to work and get
experience in highly competitive and enhancing sector.
The success story of good market share of different market organizations
depends upon the availability of the product and services near to the customer,
which can be distributed through a distribution channel. In Insurance sector,
distribution channel includes only agents or agency holders of the company. If a
company like BAJAJ ALIANZ LIFE INSURANCE, RELIANCE LIFE
INSURANCE, TATA AIG, MAX etc have adequate agents in the market they
can capture big market as compared to the other companies.
Agents are the only way for a company of Insurance sector through which
policies and benefits of the company can be explained to the customer .
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OBJECTIVES OF THE STUDY
1. To know the market share of Bajaj & Hero Honda.
2. To know the perception of customers regarding bikes.
3. To determine the customers satisfaction regarding bikes.
4. To determine the factors influencing the choice of customers regarding
bikes.
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EXECUTIVE SUMMARY
Doing this project was a great experience. The Bajaj and Hero in India hasset up an independent organizations which are major two wheeler
manufacturers with a capital of 350 U.S. $ each by virtue of sellout
decision of the passed .
Present Auto Mobile boon in India was attributed to the legacy of Bajaj
which was there in India. In todays market the Bajaj and Hero hold a 62%
market share that appears to bear concentrated rush to beg a big share in
the Auto Mobile market.
Being a capital & biggest business center of India I choose the MEERUT
to conduct my study and to get lot of exposure & various opportunities to
meet different kind of customers. This project has been under taken to
study the availability of complete range of Auto Mobile products to retail
outlets.
To conduct the detail study of my project, I worked for a distributor in
MEERUT. During the training period I covered the whole market of
MEERUT Area and gathered the information from retail outlets regarding
the availability of whole range of Bajaj. After getting the information, I
list out those retail outlets and getting the response regarding the various
promotional schemes of Bajaj, Hero and other.
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BAJAJ AUTO LIMITED
Bajaj Auto limited is one of the largest two wheeler manufacturing
company in India apart from producing two wheelers they also
manufacture three wheelers. The company had started way back in 1945.
Initial it used to import the two wheelers from outside, but from 1959 it
started manufacturing of two wheelers in the country. By the year 1970
the years have come to represent the aspirations of modern India. Bajaj
Auto also has a technical tie up with Kawasaki heavy industries of Japan
to produce the latest motorcycles in India which are of world class quality
The Bajaj Kawasaki eliminator has emerged straight out of the drawing
board of Kawasaki heavy industries. The core brand values of Bajaj Auto
limited includes Learning, Innovation, Perfection, Speed and
Transparency. Bajaj Auto has three manufacturing units in the country at
Akurdi, Waluj and Chakan in Maharashtra, western India, which produced
2,314,787 vehicles in 2005-06. The sales are backed by a network of after
sales service and maintenance work shops all over the country.
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Bajaj Auto has products which cater to every segment of the Indian two
wheeler market Bajaj CT 100 Dlx offers a great value for money at the
entry level. Similarly Bajaj Discover 125 offers the consumer a great
performance without making a big hole in the pocket.
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PROFILE
Founder Jamnalal Bajaj
Year of Establishment 1926
Industry Automotive - Two & Three Wheelers
Business Group The Bajaj Group
Listings & its codesBSE Code: 500490; NSE - Code:
BAJAJAUTO
Presence Distribution network covers 50 countries.
Dominant presence in Sri Lanka, Bangladesh,
Columbia, Guatemala, Peru, Egypt, Iran and
Indonesia.
Joint Venture Kawasaki Heavy Industries of Japan
Registered & Head
Office
Akurdi
Pune - 411035
India
Tel.: +(91)-(20)-27472851
Fax: +(91)-(20)-27473398
Works Akurdi, Pune 411035
Bajaj Nagar, Waluj Aurangabad 431136
Chakan Industrial Area, Chakan, Pune
411501
E-mail [email protected]
Website www.bajajauto.com
KEY PERSONS:
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http://www.surfindia.com/finance/security-profile/bajaj-auto-finance-limited.htmlmailto:[email protected]://www.bajajauto.com/mailto:[email protected]://www.bajajauto.com/http://www.surfindia.com/finance/security-profile/bajaj-auto-finance-limited.html -
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Board of Directors
Rahul Bajaj Chairman
Madhur Bajaj Vice Chairman & Whole-Time Director
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
D.S. Mehta Whole-Time Director
Kantikumar R. Podar Director
Shekhar Bajaj Director
D.J. Balaji Rao Director
J.N. Godrej Director
S.H. Khan DirectorMrs. Suman Kirloskar Director
Naresh Chandra Director
Nanoo Pamnani Director
Manish Kejriwal Director
P Murari Director
Niraj Bajaj Director
Committees of the Board
Audit Committee
S.H. Khan Chairman
D.J. Balaji Rao
J.N. Godrej
Naresh Chandra
Nanoo Pamnani
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http://www.bajajauto.com/1024/aboutbajaj/rahul.asphttp://www.bajajauto.com/1024/aboutbajaj/madhur.asphttp://www.bajajauto.com/1024/aboutbajaj/rajiv.asphttp://www.bajajauto.com/1024/aboutbajaj/sanjiv.asphttp://www.bajajauto.com/1024/aboutbajaj/dsmehta.asphttp://www.bajajauto.com/1024/aboutbajaj/kantikumar.asphttp://www.bajajauto.com/1024/aboutbajaj/shekhar.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/suman.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/nanoo.asphttp://www.bajajauto.com/1024/aboutbajaj/manish.asphttp://www.bajajauto.com/1024/aboutbajaj/pmurari.asphttp://www.bajajauto.com/1024/aboutbajaj/niraj.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/nanoo.asphttp://www.bajajauto.com/1024/aboutbajaj/rahul.asphttp://www.bajajauto.com/1024/aboutbajaj/madhur.asphttp://www.bajajauto.com/1024/aboutbajaj/rajiv.asphttp://www.bajajauto.com/1024/aboutbajaj/sanjiv.asphttp://www.bajajauto.com/1024/aboutbajaj/dsmehta.asphttp://www.bajajauto.com/1024/aboutbajaj/kantikumar.asphttp://www.bajajauto.com/1024/aboutbajaj/shekhar.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/suman.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/nanoo.asphttp://www.bajajauto.com/1024/aboutbajaj/manish.asphttp://www.bajajauto.com/1024/aboutbajaj/pmurari.asphttp://www.bajajauto.com/1024/aboutbajaj/niraj.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/nanoo.asp -
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Shareholders & Investors Grievance committee
D.J. Balaji Rao Chairman
J.N. Godrej
Naresh Chandra
S. H. Khan
Remuneration committee
D.J. Balaji Rao Chairman
S.H. Khan
Naresh Chandra
Registered under the Indian Companies Act, VII of 1913
REGISTERED OFFICE Akurdi, Pune 411 035
WORKS Akurdi, Pune 411 035
Bajaj Nagar, Waluj Aurangabad 431 136
Chakan Industrial Area, Chakan, Pune 411 501
Bajaj Auto Ltd.
Bajaj Auto Limited
Type Public
Founded 1945
Headquarters Pune, India
Key people Rahul Bajaj (Chairman)
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http://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://en.wikipedia.org/wiki/Category:Types_of_companieshttp://en.wikipedia.org/wiki/Public_companyhttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Rahul_Bajajhttp://en.wikipedia.org/wiki/Image:Flag_of_India.svghttp://en.wikipedia.org/wiki/Image:Logo_bajaj.gifhttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/jngodrej.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://www.bajajauto.com/1024/aboutbajaj/balajirao.asphttp://www.bajajauto.com/1024/aboutbajaj/shkhan.asphttp://www.bajajauto.com/1024/aboutbajaj/naresh.asphttp://en.wikipedia.org/wiki/Category:Types_of_companieshttp://en.wikipedia.org/wiki/Public_companyhttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Rahul_Bajaj -
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Revenue
Rs. 1,01,063 billion (2006) or
US$1.87billion
Net income Rs. 17,016 billion
Employees ???
Website www.bajajauto.com
Bajaj Auto is a majorIndianautomobile manufacturer. It is India's largest
and the world's 4th largest two- and three-wheeler maker. It is based in
Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and
Chakan, nearPune. Bajaj Auto makes motorscooters, motorcycles and the
auto rickshaw.
Contents
1 Company's history
o 1.1 Timeline of new releases
2 Scooters
3 Motorcycles
4 Upcoming Models
5 New Image
6 Forbes Global 2000 Ranking - 2005
7 External links
8 References
Company's history
Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj
Trading Corporation Private Limited. It started off by selling imported
two- and three-wheelers in India. In 1959, it obtained license from the
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http://en.wikipedia.org/wiki/Revenuehttp://en.wikipedia.org/wiki/Rshttp://en.wikipedia.org/wiki/Billionhttp://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Rshttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Websitehttp://www.bajajauto.com/http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Motorscootershttp://en.wikipedia.org/wiki/Motorcycleshttp://en.wikipedia.org/wiki/Auto_rickshawhttp://en.wikipedia.org/wiki/1945http://en.wikipedia.org/wiki/1959http://en.wikipedia.org/wiki/Revenuehttp://en.wikipedia.org/wiki/Rshttp://en.wikipedia.org/wiki/Billionhttp://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Rshttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Websitehttp://www.bajajauto.com/http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Motorscootershttp://en.wikipedia.org/wiki/Motorcycleshttp://en.wikipedia.org/wiki/Auto_rickshawhttp://en.wikipedia.org/wiki/1945http://en.wikipedia.org/wiki/1959 -
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Government of India to manufacture two- and three-wheelers and it went
public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it
managed to produce and sell 100,000 vehicles in a single financial year. In
1985, it started producing at Waluj in Aurangabad. In 1986, it managed to
produce and sell 500,000 vehicles in a single financial year. In 1995, it
rolled out its ten millionth vehicle and produced and sold 1 million
vehicles in a year.
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http://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/1960http://en.wikipedia.org/wiki/1970http://en.wikipedia.org/wiki/1977http://en.wikipedia.org/wiki/1985http://en.wikipedia.org/wiki/Aurangabadhttp://en.wikipedia.org/wiki/1986http://en.wikipedia.org/wiki/1995http://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/1960http://en.wikipedia.org/wiki/1970http://en.wikipedia.org/wiki/1977http://en.wikipedia.org/wiki/1985http://en.wikipedia.org/wiki/Aurangabadhttp://en.wikipedia.org/wiki/1986http://en.wikipedia.org/wiki/1995 -
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Timeline of new releases
1971 - three-wheeler goods carrier
1972 - Bajaj Chetak
1976 - Bajaj Super
1977 - Rear engine Autorickshaw
1981 - Bajaj M-50
1986 - Bajaj M-80, Kawasaki Bajaj KB100
1990 - Bajaj Sunny
1994 - Bajaj Classic 1995 - Bajaj Super Excel
1997 - Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw
1998 - Kawasaki Bajaj Caliber, Legend(India's first four-stroke
scooter)
2000 - Bajaj Saffire
2001 - Eliminator, Pulsar 2003 - Caliber115, Bajaj Wind 125, Bajaj Pulsar
2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder
Gear, Bajaj Discover DTS-i
2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover
2006 - Bajaj Platina
2007 - Bajaj Pulsar-200
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http://en.wikipedia.org/wiki/1971http://en.wikipedia.org/wiki/1972http://en.wikipedia.org/wiki/Bajaj_Chetakhttp://en.wikipedia.org/wiki/1976http://en.wikipedia.org/w/index.php?title=Bajaj_Super&action=edithttp://en.wikipedia.org/wiki/1977http://en.wikipedia.org/wiki/Autorickshawhttp://en.wikipedia.org/wiki/1981http://en.wikipedia.org/w/index.php?title=Bajaj_M-50&action=edithttp://en.wikipedia.org/wiki/1986http://en.wikipedia.org/w/index.php?title=Bajaj_M-80&action=edithttp://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_KB100&action=edithttp://en.wikipedia.org/wiki/1990http://en.wikipedia.org/w/index.php?title=Bajaj_Sunny&action=edithttp://en.wikipedia.org/wiki/1994http://en.wikipedia.org/w/index.php?title=Bajaj_Classic&action=edithttp://en.wikipedia.org/wiki/1995http://en.wikipedia.org/w/index.php?title=Bajaj_Super_Excel&action=edithttp://en.wikipedia.org/wiki/1997http://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_Boxer&action=edithttp://en.wikipedia.org/wiki/1998http://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_Caliber&action=edithttp://en.wikipedia.org/wiki/Legendhttp://en.wikipedia.org/wiki/2000http://en.wikipedia.org/wiki/Bajaj_Saffirehttp://en.wikipedia.org/wiki/2001http://en.wikipedia.org/wiki/2003http://en.wikipedia.org/w/index.php?title=Caliber115&action=edithttp://en.wikipedia.org/w/index.php?title=Bajaj_Wind&action=edithttp://en.wikipedia.org/wiki/Bajaj_Pulsarhttp://en.wikipedia.org/wiki/2004http://en.wikipedia.org/wiki/Bajaj_CT_100http://en.wikipedia.org/w/index.php?title=Wonder_Gear&action=edithttp://en.wikipedia.org/w/index.php?title=Wonder_Gear&action=edithttp://en.wikipedia.org/w/index.php?title=Bajaj_Discover_DTS-i&action=edithttp://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/Bajaj_Wavehttp://en.wikipedia.org/wiki/Bajaj_Avengerhttp://en.wikipedia.org/wiki/Bajaj_Discoverhttp://en.wikipedia.org/wiki/2006http://en.wikipedia.org/wiki/Bajaj_Platinahttp://en.wikipedia.org/wiki/2007http://en.wikipedia.org/w/index.php?title=Bajaj_Pulsar-200&action=edithttp://en.wikipedia.org/wiki/1971http://en.wikipedia.org/wiki/1972http://en.wikipedia.org/wiki/Bajaj_Chetakhttp://en.wikipedia.org/wiki/1976http://en.wikipedia.org/w/index.php?title=Bajaj_Super&action=edithttp://en.wikipedia.org/wiki/1977http://en.wikipedia.org/wiki/Autorickshawhttp://en.wikipedia.org/wiki/1981http://en.wikipedia.org/w/index.php?title=Bajaj_M-50&action=edithttp://en.wikipedia.org/wiki/1986http://en.wikipedia.org/w/index.php?title=Bajaj_M-80&action=edithttp://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_KB100&action=edithttp://en.wikipedia.org/wiki/1990http://en.wikipedia.org/w/index.php?title=Bajaj_Sunny&action=edithttp://en.wikipedia.org/wiki/1994http://en.wikipedia.org/w/index.php?title=Bajaj_Classic&action=edithttp://en.wikipedia.org/wiki/1995http://en.wikipedia.org/w/index.php?title=Bajaj_Super_Excel&action=edithttp://en.wikipedia.org/wiki/1997http://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_Boxer&action=edithttp://en.wikipedia.org/wiki/1998http://en.wikipedia.org/w/index.php?title=Kawasaki_Bajaj_Caliber&action=edithttp://en.wikipedia.org/wiki/Legendhttp://en.wikipedia.org/wiki/2000http://en.wikipedia.org/wiki/Bajaj_Saffirehttp://en.wikipedia.org/wiki/2001http://en.wikipedia.org/wiki/2003http://en.wikipedia.org/w/index.php?title=Caliber115&action=edithttp://en.wikipedia.org/w/index.php?title=Bajaj_Wind&action=edithttp://en.wikipedia.org/wiki/Bajaj_Pulsarhttp://en.wikipedia.org/wiki/2004http://en.wikipedia.org/wiki/Bajaj_CT_100http://en.wikipedia.org/w/index.php?title=Wonder_Gear&action=edithttp://en.wikipedia.org/w/index.php?title=Wonder_Gear&action=edithttp://en.wikipedia.org/w/index.php?title=Bajaj_Discover_DTS-i&action=edithttp://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/Bajaj_Wavehttp://en.wikipedia.org/wiki/Bajaj_Avengerhttp://en.wikipedia.org/wiki/Bajaj_Discoverhttp://en.wikipedia.org/wiki/2006http://en.wikipedia.org/wiki/Bajaj_Platinahttp://en.wikipedia.org/wiki/2007http://en.wikipedia.org/w/index.php?title=Bajaj_Pulsar-200&action=edit -
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Some of the models that Bajaj makes (or has made) are:
Scooters
o Bajaj Sunny
o Bajaj Chetak
o Bajaj Cub
o Bajaj Super
o Bajaj Wave
o Bajaj Legend
Motorcycles
o Kawasaki Eliminator
o Bajaj Pulsar
o Bajaj Kawasaki Wind 125
o Bajaj Boxer
o Bajaj CT 100
o Bajaj Platina
o Bajaj Caliber
o Bajaj Discover
o Bajaj Avenger
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Upcoming Models
Bajaj Pulsar 220 DTS-Fi
Bajaj Krystal
Bajaj Blade
Bajaj Sonic
New Image
The company, over the last decade has successfully changed its image
from a scooter manufacturer to a two wheeler manufacturer, product range
ranging from Scooterettes to Scooters to Motorcycle. Its real growth in
numbers has come in the last 4 years after successful introduction of a few
models in the motorcycle segment.
The company is headed by Rahul Bajaj who is worth more than US$1.5
billion.
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MANAGEMENT PROFILE
Rahul Bajaj Chairman
Madhur Bajaj Vice ChairmanRajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
Abraham Joseph Vice President (Research & Development)
Pradeep Shrivastava President (Engineering)
S Sridhar CEO (2WH)
R C Maheshwari CEO (Commercial Vehicles)
C P Tripathi Vice President (Corporate)N H Hingorani Vice President (Commercial)
Kevin P D'sa Vice President (Finance)
V S Raghavan Vice President (Corporate Finance)
S Ravikumar Vice President (Business Development)
K Srinivas Vice President (Human Resources)
Ranjit Gupta Vice President (Insurance)
J. Sridhar Company Secretary
Rahul Bajaj
Chairman
Rahul Bajaj is an Honours Graduate in Economics and Law and a
Business Graduate from the Harvard Business School. He was
appointed Chief Executive Officer of Bajaj Auto in 1968 and
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took over later as Head of the Bajaj Group of companies.
Madhur Bajaj
Vice Chairman
After graduating in Commerce, Mr Bajaj did his BBA from
Lausanne, Switzerland. Joined as DGM in March 1983, took over
as General Manager - Aurangabad Division in June 1986, as its
Chief Executive in October 1988, became President of Bajaj
Auto in September 1994, Executive Director in May 2000 and isVice Chairman since July 2001.
Rajiv Bajaj
Managing Director
Rajiv Bajaj, who took charge as Managing Director on 1st April
2005, is a Mechanical Engineer from Pune University. He later
did his Masters in Manufacturing Systems Engineering from the
University of Warwick. He Joined as Officer on Special Duty in
1990, took over as General Manager (Products) in February 1993,
Vice President (Products) in June 1995, President in May 2000,
President & Whole Time Director in March 2002 and as Joint
Managing Director in March 2003.
Sanjiv Bajaj
Executive Director
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Mr. Sanjiv Bajaj, who took charge as the Executive Director in
April 2004, is a Mechanical Engineer from Pune University. He
obtained a Masters Degree in Manufacturing Systems from the
University of Warwick and an BBA degree from HarvardBusiness School.
Mr. Sanjiv Bajaj joined as an Officer on Special Duty in 1994,
took over as the General Manager (CF) in 1997 and Vice
President (Finance) in April 2001.
Abraham Joseph
Vice President (Research & Development)
Mr. Joseph started his tenure in Bajaj in July 1989 as a Graduate
Trainee Engineer, took over as General Manager (R&D) in April
2005 and is currently the Vice President (R&D) since April
2007 . He is a Mechanical Engineer from the National Institute of
Technology, Bhopal.
Pradeep Shrivastava
President (Engineering)
Mr.Pradeep Shrivastava joined Bajaj in April 1986. He took over
as Vice President (Engineering) in April 2005 and is currently the
President (Engineering) since July 2007. After receiving a degreein Mechanical Engineering from IIT - Delhi, Mr. Shrivastava
obtained a graduate diploma in Production and Finance from IIM
Bangalore in 1986.
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S Sridhar
CEO (2 Wh)
Mr. Sridhar joined Bajaj in March 2001 as GM (Sales) for two
wheelers, took over as Vice President (Marketing & Sales 2W)
in April 2005 and is currently the CEO (2WH) since July 2007.
He holds an Engineering Graduate degree in Agriculture.
R C Maheshwari
CEO (Commercial Vehicles)
Mr. Maheshwari joined Bajaj in July 2007 as CEO (CV). He is a
gold medallist Mechanical engineer from BITS, Pilani.
C P Tripathi
Vice President (Corporate)
Mr. C.P. Tripathi started in Bajaj in January 1996 as the Vice
President (Waluj Plant ), took over as Vice President
(Operations) in April 2001 and is Vice President (Corporate)
since July 2007. A Science Graduate from Agra University, Mr.
Tripathi also holds a degree in Mechanical Engineering from the
Indian Institute of Technology, Kharagpur.
N H Hingorani
Vice President (Commercial)
Mr. N.H. Hingorani joined Bajaj in 1997 as the General Manager
(Materials), took over as the Vice President (Purchase) in 1998
and is Vice President (Commercial) since February 2006. Mr.
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Hingorani holds a degree in Mechanical Engineering from the
Malaviya Regional Engineering College, Jaipur.
Kevin P D'Sa
Vice President (Finance)
Mr. Kevin Dsa began his career with Bajaj in September 1978
and is presently the Vice President (Finance). After acquiring a
Bachelors degree in Commerce, he completed his CA in 1978
and ICWA in 1981.
V Sankara Raghavan
Vice President (Corporate Finance)
Mr.Raghavan joined Bajaj in March 1984 and is currently the
Vice President (Corporate Finance). A Science graduate, Mr.
Raghavan completed his CA in 1976.
S Ravikumar
Vice President (Business Development)
Mr. Ravikumar joined Bajaj in June 1984 as an Accounts Officer
and is now the Vice President (Business Development). He is an
active member of the Institute of Chartered Accountants of India.
K Srinivas
Vice President (Human Resources)
Mr. Srinivas joined Bajaj in January 2000 as the DGM (HRD)
and is now the Vice President (HR). He holds a Bachelors Degree
in Electrical Engineering from VJTI, MuBBAi.
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Ranjit Gupta
Vice President (Insurance)
Mr. Ranjit Gupta started in Bajaj as the General Manager (Co-
ordination) in 1988, and moved on to become the Vice President
(Materials ) in 1995, then Vice President (HRD) in 2000 and is
now Vice President (Insurance).
Mr. Gupta did his Masters Degree in Mechanical & Electrical
Engineering from the Indian Railway Institute of Mechanical &
Electrical Engineers. He was honored with a fellowship from the
Institute of Electrical Engineering (London) and was also
inducted as a member of the Institute of Mechanical Engineers
(London).
J. Sridhar
Company Secretary
Mr. J Sridhar is the Company Secretary since July 2001. A
graduate in Commerce and Law, Mr. Sridhar also did his FCA,
FCS and MMS. Prior to joining Bajaj, he was the Controller of
Finance and Company Secretary, Maharashtra Scooters Ltd., a
Bajaj Auto joint venture.
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BOARD OF DIRECTORS
Rahul Bajaj ChairmanMadhur Bajaj Vice Chairman & Whole-Time Director
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
D.S. Mehta Whole-Time Director
Kantikumar R. Podar Director
Shekhar Bajaj Director
D.J. Balaji Rao Director
J.N. Godrej DirectorS.H. Khan Director
Mrs. Suman Kirloskar Director
Naresh Chandra Director
Nanoo Pamnani Director
Manish Kejriwal Director
P Murari Director
Niraj Bajaj Director
Committees of the Board
Audit Committee
S.H. Khan Chairman
D.J. Balaji Rao
J.N. Godrej
Naresh Chandra
Nanoo Pamnani
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Shareholders & Investors Grievance committee
D.J. Balaji Rao Chairman
J.N. Godrej
Naresh Chandra S. H. Khan
Remuneration committee
D.J. Balaji Rao Chairman
S.H. Khan
Naresh Chandra
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MILESTONES
2007
April Bajaj Auto Commissions New Plant at Panthnagar, Uttarakhand
February200 cc Pulsar DTS-i launched
January Bajaj Kristal DTS-i launched
2006
April Bajaj Platina launched
2005
December Bajaj Discover launched
June Bajaj Avenger DTS-i launched
February Bajaj Wave DTS-i launched
2004 October Bajaj Discover DTS-I launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
January Bajaj unveils new brand identity, dons new symbol, logo and brandline
2003
October Pulsar DTS-I is launched.
October 107,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
FebruaryBajaj Auto launched its Caliber115 "Hoodibabaa!" in the executive motorcycle
segment.
2001
November Bajaj Auto launches its latest offering in the premium bike segment Pulsar.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 100,000 sales in record time of 12 months.Production commences at Chakan plant.
1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
July 25th Legend, Indias first four-stroke scooter rolls out of Akurdi.
October Spirit launched.
1997
The Kawasaki Bajaj Boxer and the RE diesel Autorickshaw are introduced.
1995
November Bajaj Auto is 50.
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29
Agreements signed with Kubota of Japan for the development of diesel engines
for three-wheelers and with Tokyo R&D for ungeared Scooter and moped
development.
The Bajaj Super Excel is introduced while Bajaj celebrates its ten millionth
vehicle.
One million vehicles were produced and sold in this financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasaki Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles are introduced.
500,000 vehicles produced and sold in a single financial year.
1985
November 5The Waluj plant inaugurated by the erstwhile President of India, Shri Giani Zail
Singh.
Production commences at Waluj, Aurangabad in a record time of 16 months.
1984
January 19 Foundation stone laid for the new Plant at Waluj, Aurangabad.
1981
The Bajaj M-50 is introduced.
1977
The Rear Engine Autorickshaw is introduced.
Bajaj Auto achieves production and sales of 100,000 vehicles in a single
financial year.
1976
The Bajaj Super is introduced.1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
The Bajaj Chetak is introduced.
1971
The three-wheeler goods carrier is introduced.
1970
Bajaj Auto rolls out its 100,000th vehicle.
1960
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Bajaj Auto becomes a public limited company. Bhoomi Poojan of Akurdi Plant.
1959
Bajaj Auto obtains licence from the Government of India to manufacture two-
and three-wheelers.
1948 Sales in India commence by importing two- and three-wheelers.
1945
November
29
Bajaj Auto comes into existence as M/s Bachraj Trading Corporation Private
Limited.
GROUP COMPANIES
Bajaj Auto is the flagship of the Bajaj group of companies. The groupcomprises of 27 companies and was foundedin the year 1926. The companies in the group are:
Bajaj Auto Ltd. Mukand International Ltd.
Mukand Ltd. Mukand Engineers Ltd.
Bajaj Electricals Ltd. Mukand Global Finance Ltd.
Bajaj Hindustan Ltd. Bachhraj Factories Pvt. Ltd.Maharashtra Scooters Ltd. Bajaj Consumer Care Ltd.
Bajaj Auto Finance Ltd. Bajaj Auto Holdings Ltd.
Hercules Hoists Ltd. Jamnalal Sons Pvt. Ltd.
Bajaj Sevashram Pvt Ltd. Bachhraj & Company Pvt. Ltd.
Hind Lamps Ltd. Jeevan Ltd.
Bajaj Ventures Ltd. The Hindustan Housing Co Ltd.
Bajaj International Pvt Ltd. Baroda Industries Pvt Ltd.
Hind Musafir Agency Pvt Ltd. Stainless India Ltd.
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H R
RECRUITMENT POLICY
Bajaj Auto is an equal opportunity employer. Selection is based strictly onindividual merit.
A large number of our recruits are fresh engineers and BBAs. Natural
attrition is usually taken care of by promotions and horizontal movements
within the organisation to provide career opportunities for our employees.
Occasionally, specific skill-sets may warrant lateral recruitment.
Entry level Recruitment
Engineers: We recruit Engineering Graduates from reputed institutes from
all over India. Bajaj Auto enjoys an excellent reputation with all National
Institutes of Technology (NITs) and is among the preferred employers for
on-campus recruitment. The selection process comprises a written test in
technical, analytical and logical reasoning, group discussion and personal
interview.
Management Graduates: We recruit management graduates from reputed
management institutes all over India. The selection procedure comprises a
written test in analytical and logical reasoning, group discussion and
personal interview.
All entry-level selections are made through on-campus recruitment only.
After recruitment, new entrants undergo a thorough induction-training
programme before their placement in the company. Departments are
allocated on the basis of the individual recruits aptitude and our
requirements. Usually, after completing two years of service they are
provided opportunities for job-rotation.
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Work Culture
Our work culture supports and enhances our brand. The Bajaj brand
signifies excitement. Bajaj strives to inspire confidence through
excitement engineering. The culture is built on core values of learning,innovation, perfection, speed and transparency. Facilitative leadership
style helps in developing leaders at all levels and establishes
accountability.
Our Brand Values
We live our brand by its values of Innovation, Perfection, and Speed.Bajaj will be distinctly ahead through excitement engineering.
Innovation is how we create the future.
It is a value that provokes us to reach beyond the obvious in pursuit of that
which exceeds the ordinary.
Perfection is how we set new standards.
It is a value that exhibits our determination to excel by endeavouring to
establish new benchmarks all the time. Speed is how we convey clear
conviction. It is a value that keeps us sharply responsive, mirroring our
commitment towards our goals and processes.
Competency Building
Bajaj Auto has a very flat organisation structure with three management
levels. Each level represents a specific role and hence needs relevant
competencies. Competency building at Bajaj Auto is a combination of
development for current and future roles.
We cater to these needs by using interventions like development centres,
need-based training and job-rotation plans. We use different methods of
imparting training like lectures, group-discussions, role-plays, seminars,
outbound training, assignments and on-the-job tasks.
Compensation Philosophy
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We strive to be amongst the top quartile in our compensation structure.
Competence and performance are the key drivers of our compensation
policy. A significant part of the compensation is in the form of variablepay linked to the individuals and the organisations performance.
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AWARDS
Product Award Year By
Bajaj Pulsar DTS-Fi - Bike of the Year 2007 CNBC-TV18 Autocar
Auto Awards
Bajaj Platina 100cc Bike of the Year 2007 NDTV Profit Bike
India
Mr. Rajiv Bajaj - Man of the year 2005 2005 Autocar Professional
Mr. Rajiv Bajaj - Automotive Man of the year 2005 2005 Bike India & NDTV
India
Bajaj CT 100 - Motorcycle Total Customer
Satisfaction Study 2005
2005 TNS Automotive
Bajaj Discover DTS-i - Bike of the Year 2005 2005 OVERDRIVE Awards
2005
Bajaj Discover DTS-i - Indigenous Design of the
Year 2005
2005 OVERDRIVE Awards
2005
BAJAJ AUTO - Bike Maker of the Year 2004 2004 ICICI Bank
OVERDRIVE Awards
2004
DTS-i Technology Auto Tech of the Year 2004 2004 ICICI Bank
OVERDRIVE Awards2004
Bajaj Pulsar DTS-i Bike of the Year 2004 2004 ICICI Bank
OVERDRIVE Awards
2004
Wind 125 Two Wheeler of the Year 2004 2004 CNBC AUTOCAR
Awards 2004
Wind 125 Bike of the Year 2004 2004 Business Standard
Motoring
Bajaj Pulsar 180 DTS-i BBC World Wheels Viewers
Choice Two Wheeler of Year 2003
2003 BBC World Wheels
Award 2003
Bajaj Pulsar 180 DTS-i BBC World Wheels Award
for Best Two Wheeler between Rs 55,000 to Rs
70,000
2003 BBC World Wheels
Award 2003
Bajaj Pulsar 150 DTS-i BBC World Wheels Award
for Best Two Wheeler between Rs 45,000 to Rs
55,000
2003 BBC World Wheels
Award 2003
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Bajaj Boxer AT KTEC BBC World Wheels Award
for Best Two Wheeler under Rs 30,000
2003 BBC World Wheels
Award 2003
Bajaj Pulsar - Motorcycle Total Customer
Satisfaction Study
2003 NFO Automotive
Bajaj Pulsar - Bike of the year 2003 ICICI Bank
OVERDRIVE Awards
2003
Bajaj Pulsar - Most exciting bike of the year 2002 OVERDRIVE Awards
Bajaj Eliminator - Bike of the year 2002 OVERDRIVE Awards
Bajaj Eliminator - Most exciting bike of the year 2001 OVERDRIVE Awards
Award Year By
Chakan Plant Super Platinum Award for
Manufacturing Excellence
2006-07 Frost and Sullivan
Chakan & Waluj Plants Audit Passed for TPM
Excellence Award
2006-07 TPM
Bikemaker of the Year 2006-07 Overdrive Awards
Bike Manufacturer of the Year 2007 2006-07 NDTV Profit Bike India
All India Trophy for Highest Exporter 1998-99 EEPC
Focus LAC Award for Outstanding
Performance
1998-99 India Trade Promotion
Organisation
Export Excellence 1998-99 EEPC
Certificate of Merit 1998-99 India Trade Promotion
Organisation
Award for Export Excellence 1997-98 EEPC
Export Excellence 1997-98 MCCIIA
All India Trophy for Highest Exporter 1997-98 EEPC
Top Exporter Shield - Western Region 1996-97 EEPC
Export Excellence 1996-97 MCCIARegional Top Exporter - Large Scale
Manufacturer
1995-96 EEPC
Highest Export Performance 1995-96 EEPC
Outstanding Export Performance 1995-96 Government of India,
Ministry of Commerce
Export Excellence Award 1995-96 MCCIA
Top Exporter Shield - Western Region 1995-96 EEPC
Certificate of Merit 1995-96 Government of India,
Ministry of Commerce
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Award for Export Excellence 1994-95 EEPC
Regional Top Exporter - Large Scale
Manufacturer
1994-95 EEPC
All India Special Shield - Consumer Durables
Exporter
1994-95 EEPC
National Export award for Outstanding
Performance
1994-95 Government of India,
Ministry of Commerce
Western Region Top Export Award 1994-95 EEPC
All India Special Shield - Consumer Durables 1994-95 EEPC
Regional Special Shield - Capital Goods
Category
1993-94 EEPC
Award for Export Excellence 1993-94 EEPC
Capital Goods Export 1992-93 EEPCRegional Special Shield - Capital Goods
Category
1990-91 EEPC
Certificate of Export Excellence 1986-87 EEPC
Certificate of Export Recognition 1980-81 EEPC
Certificate of Export Recognition 1979-80 EEPC
Award for Export Excellence 1979-80 EEPC
Certificate of Merit 1978-79 Government of India,
Ministry of CommerceCertificate of Export Recognition 1978-79 EEPC
Award for Export Excellence 1977-78 EEPC
Certificate of Export Recognition 1977-78 EEPC
Export Promotion 1976 FICCI
Golden Jubilee Export Year Award 1976 FICCI
Export Excellence 1975-76 EEPC
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MISSION
The corporate mission of the company is:
To become a very significant player in two wheeler industry. To increase the net worth of shareholders equity.
To give the transparency and fairness for the products.
GROUP COMPANIES
Bajaj Auto Ltd.
Mukand Ltd
Bajaj Auto Finance Limited
Herculas Hoists Ltd.
Bajaj Sevashram Ltd.
Hind Laps Ltd
OBJECTIVE:
The main objective of Bajaj is to help the dealer to sell additional
volume from outside the dealership. With wide range of models available in
the market, it has become difficult for the consumer to select from the
showroom, therefore salesman representatives guide him/her to choose the
best suited for their need.
VISION:
To build a quality sales force which is highly competitive and
committed to build an ever-lasting customer relationship?
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OPERATIONS: -
Bajaj has started operation from July 2002.
We at Bajaj are committed to give the consumer the right product at
right price through meeting him/her directly and explaining the product
features, advantages and benefits at his place of work or home. We are
providing excellent finance schemes from our group finance companies.
We also generate interest in consumer by doing the activities like road
shows test rides loan meals. Exchange meals test the best contest etc. We
also generate interest in consumer by doing the activities like Road
Shows, Test Rides, Lone Meals, Exchange Meals, Test the best contest
etc. The Bajaj Marketing operations are carried out in 84 locations
scattered in 4 states. We have over 500 High Caliber Sales Officer who
are led by 80 supervisors who in tern are supported by 7 Regional
Managers. With over 500 members in its sales team, Bajaj Marketing and
Services Ltd. will be a force to reckon with in the Indian Automobiles
Industries.
INTRODUCTION OF BAJAJ AUTO LIMITED
The Bajaj Group came into existence during the turmoil and the heady
euphoria of India's freedom struggle. Jamnalal Bajaj, founder of the Bajaj
Group, was a confidante and disciple of Mahatma Gandhi, and was deeply
involved in the effort for freedom. The integrity, dedication,
resourcefulness and determination to succeed which are characteristic of
the Company today, are often traced back to its birth during those long
days of relentless devotion to a common cause.
Kamalnayan, the eldest son of Jamnalal Bajaj, succeeded his father in
1942, at the age of twenty-seven. Putting the Nation before business, he
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devoted himself to the latter only after India achieved independence in
1947. But when he did so, he put his heart and soul into it. Within a short
while, he not only consolidated the Group, but also diversified into various
manufacturing activities, elevating the Group to the status it enjoys till thisday.
Rahul Bajaj today heads the Group. He has been the Chief Executive
Officer of Bajaj since 1968 and is recognised as one of the most
outstanding business leaders in India. As dynamic and ambitious as his
illustrious predecessors, he has been recognised for his achievements at
various national and international forums.
Bajaj is currently India's largest two and three-wheeler manufacturer and
one of the biggest in the world. Bajaj has long left behind its annual
turnover of Rs.72 million (1968), to currently register an impressive figure
of Rs.42.16 billion (US$ 936 million).
Our Philosophy
We approach our responsibilities with ambition and resourcefulness.
We organize ourselves for a transparent and harmonious flow of work.
We respect sound theory and encourage creative experimentation.
And we make our workplace a source of pride.
We Believe In
Transparency: a commitment that the business is managed
along transparent lines.
Fairness: to all stakeholders in the Company, but
especially to minority shareholders.
Disclosure: of all relevant financial and non-financial
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information in an easily understood manner.
Supervision: of the Companys activities by a professionally
competent and independent board of directors.
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INTERNATIONAL MARKETING
Based on our own brand of globalization, we have built our distributionnetwork over 60 countries worldwide and multiplied our exports from 1%
of total turnover in Fiscal 1989-90 to over 5% in Fiscal 1996-97
The countries where our products have a large market are USA,Argentina, Colombia, Peru, Bangladesh, Sri Lanka, Italy, Sweden,Germany, Iran and Egypt. Bajaj leads Colombia with 65% of the scootermarket, in Uruguay with 30% of the motorcycle market and in Bangladeshwith 95% of the three-wheeler market.
Several new models are being developed specifically for global marketsand with these we will progressively endeavour to establish our presence
in Europe too.
In countries where we perceive a good market potential, we seek a tie upwith one of the major industrial establishments, which would be in a
position to invest in the research and which would also entailmanufacturing activities apart from marketing, distribution and after salesservices through a well-established nation-wide network.
We offer a full range of services to such business partners:
Training in sales, service and spare parts management based on theBajaj distribution system. Active support for setting up manufacturing facilities overseas including
transfer of technical know how.
Assistance in setting up an assembly plant for assembly of vehicles fromcomplete knocked down (CKD) kits.
Select machinery and equipment, training of technical personnel, all in aphased manner as required by the regulations in the recipient country.
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Product Profile
The much awaited 4 stroke bike to be launched by Bajaj in coloration with
Is all about pure performance as regards engine power, riding stability,
Handling easy and braking efficiency. Secondary air induction system, bi
starter valve for easy morning starting, five speed transmission system
have been introduced in all new bikes which have been come up to
introducing bikes in new segment. There have been some new
technologies introduced that shows companies product different from
others.
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MARKET COMPOSITION
PRODUCT MAR-DEC (2003) MAR (2003)-DEC
(2004)
GROWTH
Scooter gears 3,27658 533887 38.6
Scooters-geared 62957 52796 19.2
Step-thrus 97499 124821 21.9
Motor-cycles 314641 166530 88.9
Three-wheelers 123302 127511 3.3
Source: Survey of Indian industries 2004
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TWO WHEELER STATISTICS
The automobile industry in general and two wheeler industry in particular
has shown a tremendous growth over the recent years. According to theSociety of Indian automobile Manufactures (SIAM) the industry has
grown by 16% in the year 2003/2004.Two Wheeler segment as a whole
during the year 2004/05 grew by over 15%.This growth has been due to
the Government's initiative on rural roads and better connectivity with
major towns and cities, improved agricultural performance, upward trend
of purchasing power in the hands of rural people.The two wheeler industrywas able to achieve the record performance of crossing 6 million two
wheelers with exact sales standing at 6,208,860 during the year 2004-05.
The northward trend of growth among the two-wheelers is set to continue
in the years ahead.A brief input about the growth of various segment of
two-wheelers with the statistics from their leading manufactures are as
follows:
SCOOTERS
Though the metal bodied geared scooters have fallen out of favour of the
Indian two-wheeler user their upward trend in growth has been due to rise
in the sales ofscooterettes and Motorscooters. Bajaj Auto has been able
to sell 152,936 units in the year 2004/2005 of two wheelers which don't
include motorcycles. They have shown a negative trend in the two
2002-03 2003-04 2004-05 2005-06 2007-08
937506 848434 935279 987498 1020013
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wheeler segment other than the motorcycles. This goes on to show that
Bajaj Auto has lost its supremacy in the scooter and moped segment as
they have shifted focus to motorcycles.
MOTORCYCLES
2003-04 2005-06 2006-07 2007-08 2008-09
2906323 3876175 4355168 5193894 6201214
Motorcycles as has been mentioned through out this website have become
the most preferred choice among all two-wheeler users. They account for
nearly 80% of the total two wheeler sales in the country. This trend is set
to continue as more and more models of this hot set oftwo wheelers enter
the market. Bajaj Auto one of the largest manufactures of two wheelers
in the country has managed to sell about 1,449,710 units of motorcycle in
the year 2004/2005. hero honda which claims to be the largest
manufacturer of two-wheeler in the world was able to sell 2.62 million
motorcycles during the year 2005/2005. The company also accounts for
half the market in the motorcycle segment.
MOPEDS
2002-03 2003-04 2004-05 2006-07 2007-08
427498 351612 332294 348437 379574
Mopeds which were once the entry level options in the two-wheeler, have
been replaced by entry level or price category bikes which provide all the
comfort and advantages of a motorcycle but at an affordable price. Thus it
has not come as a surprise that mopeds have shown a negative growth
over the recent years. TVS Company one of the pioneers of mopeds
manufactures ofIndia was able to sell about 2.90 lakh ofmopeds during
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2005/2006. This trend is supposed to continue in the days to come, as the
motorcycles race ahead other two-wheelers will find it difficult keep up
with the pace of their growth.
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MOTORCYCLES
Motorcycles have come a long way since they were first introduced in the
country way back in the 1950s. The Indian government had got the firstset of these mean machines from the Royal Enfield Company of UK for
its' Army and Police to patrol the border highways on the rough and tough
terrain of the West. Today these sets oftwo wheelers not only cater to the
men in uniform, but also common people who have different needs and
expectations from their motorcycles. Today motorcycle companies are
taking special care to make their products more user friendly comfortable,safe, and ergonomic without compromising on the fun and thrills of riding.
Some bikes like the hero honda Karizma can touch speeds up to
125kmph thus truly satisfying the riders need for speed. motorcycles have
also invaded the Hindi film industry where Bollywood heart throbs like
John Abraham, Hrithik Roshan , Uday Chopra and Fardeen Khan are seen
setting the roads on fire with their set of two wheels.
Thus the trend of motorcycles have caught up with the average Indian
and there a bike to suit everyone's needs and usage. Premium Segment
bikes like the hero honda Karizma and Bajaj Pulsar provides the
Generation Y a chance to emulate their idols on screen. These
motorcycles come with 5 speed gear box and disc brakes to provide one
the extra throttle with the adequate safety measure. Kinetic Acquila the
premium segment bike from Kinetic has headlamp that turns head with
the bike thus making riding easier in the darkness of the night. These
motorcycles also come with factory fitted allow wheels to provide the
extra strength and stability.
The Enfield Bullet enjoys a loyal following among its users; people who
ride these heavy machines once always vouch for their sturdiness and
stability. Bullet clubs have cropped up in various cities of the country like
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Bangalore, where motorcycle users who are in love with their machines
frequent the road less traveled
India has a burgeoning middle class, which means that value for money
bikes like the hero honda splendor, Bajaj Discover and TVS Victorhave retained their importance with every passing day. These bikes are a
hit among the office goers and small time business men who demand
maximum output from their two wheelers. motorcycles like the hero
honda splendor come in a wide range of colors and give an average
mileage of 70 km per liter.
The entry level segment ofmotorcycles also has a cut throat competition
with the two wheeler manufacturers trying to outdo each other by
providing that extra edge in economy biking. Some of the bikes which are
available at the entry level include the hero honda CD Dawn, Yamaha
Crux, TVS Star and Bajaj CT 100. The TVS motor company has posted
strong growth due to the growing popularity of TV Star across all markets.
TV Star has an engine displacement of 99.7 cc and claims to give an
average of over 100 kmpl.
Thus the Indian motorcycle users have a lot of option across all levels to
kick start his riding.
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GROWTH OF TWO WHEELER INDUSTRY
The scooter market slowly losing its hold it is considered a family vehiclebut perhaps there is a competition from the second hand car market where
prices have fallen rapidly. A Maruti 8000 model Is now available for just
Rs. 50,000. The scooters manufacturers have to watch this phenomenon
and bring out many new product variants in the right price slots to sustain
their share in the market. The market share of major players in 2005-06 as
follows:
MANUFACTURER SCOOTERS %MOTOR
CYCLES %MOPEDS %
Bajaj Auto 32 62 6
Hero Honda - 81 -
Honda Activa 45 - 2
Kinetic 26 35 7
TVS Suzuki 10 45 9
LML 21 57 -
Market Size 26.3 67.6 6.1
Source : Survey of Indian Industries 2006.
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Bajaj Byk
Specifications
Engine
Type 4 stroke
Cooling Type Air Cooled
Displacement 92 cc
Max Power 6.5 bhp (4.4 kW) @ 7000 rpm
Transmission Type 4-speed gear box
Electrical SystemSystem 12V, AC+DC
Head Light 35/35W
Horn 12 V DC
Chassis
Chassis Type Monocoque
Suspension
Front Suspension Telescopic
Rear Suspension Hydraulic double acting
Tyres
Front Tyre Size 2.50 x 17, 4PR
Rear Tyre Size 2.75 x 17, 6PR
Brakes
Front Brakes 110mm Drum
Rear Brakes 110mm Drum
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Fuel Tank
Fuel Tank Capacity 10 litres
Reserve Capacity 3.8 litres
DimensionsOverall length 1900 mm
Overall width 785 mm
Overall height 1010 mm
Wheel Base 1210 mm
Saddle Height 775 mm
Kerb Weight 98 kg
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Bajaj Wind 125
Specifications
Engine
Type Single cylinder, 4Stroke , natural air cooled, Gasoline engine
Displacement 124.6cc
Bore x Stroke 54x54.4 (mm)
Max Power 10.8 Ps (7.92Kw) at 8500 rpm
Max Torque 9.8 Nm at 7000 rpm
Ignition Digital Ignition
Transmission 5 Speed, constant mesh type
Ignition System
IgnitorDigital Ignition with Variable Ignition Timing Characteristic(DC-CDI) With Engine Over-speed limiter
Electrical System
Head LightMulti-focal Reflector type with Halogen Lamp (35/35W)& PilotLamp
Tail Light Multi-focal Reflector type with 5/10 W Lamp
Side Indicator Multi-focal Reflector type with 10 W Lamp
Reflex Reflector Rear Reflex Reflector
Horn 12V DC
Battery 12V , 2.5 Ah
Instruments & Control
Instruments Cluster 3 Pod Instruments Cluster with Speedometer, Odometer & Trip Meter
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Tachometer
Fuel guage
Control Switches
Handle bar mounted switches with Functions Lights ON-OFF
Horn
Dipper
Push Cancel Side Indicator
Pass
Ignition switch Combined Steering & Ignition Lock
Stop switches Front and Rear Brake switches
Dimensions
Wheelbase, mm 1260
Overall length, mm 2025
Overall width, mm 740
Overall height, mm 1115
Saddle Height, mm 800
Ground clearance, mm 155
Kerb weight (kg) 121
Fuel Tank
Full Tank Capacity 12
Reserve Capacity 2
Bajaj Discover
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Engine / Transmission
Type 4-Stroke, DTS-I, Natural Air Cooled
Displacement 124.52 cc
Max Net Power 8.47 kW(11.51 Ps)@8000 rpm
Max Net Torque 10.8 Nm @ 6500 rpm
Clutch Wet, Multidisc Type
Ignition system Microprocessor controlled Digital CDI
Starting system Kick Start / Self Start
Frame Double cradle tubular type
Suspension
Font suspension Telescopic
Rear suspensionTrailing arm with coaxial hydraulic shock absorbers &
coil springs
Brakes
Front BrakeMechanical expanding shoe & drum type 130 mm
diameter
Rear BrakeMechanical expanding shoe & drum type 130 mm
diameterElectricals
System voltage 12V (AC + DC)
Battery type 12V, 2.5 Ah(KS)/12 V, 9 Ah (ES)
HeadlampElectric start 35/ 35W Optoprism- Halogen lamp,
Kick start 60/55 W Round Headlamp
Tail lamp 5/21 W
Brake lamp 10 WTurn signal lamp 10 W
Horn 12 V, Dc
Tyre
Front tyre size 2.75 x 17, 4PR
Rear tyre size 3.00 x 17, 6PR
Fuel Tank capacity 10 Litres (2.3 litres for reserve)
Dimensions
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Length 2030 mm
Width 760 mm
Height 1065 mm
Wheel base 1305 mm
Turning circle dia 2100 mm
Ground clearance 179 mm
Kerb Weight 125 kg Kick start / 129 kg Electric start
Other Features
Ride Control Switch Yes
Ignition cum St.lock Yes
Headlamp Shape Round / FairingConsole Angular Twin Pod
Lockable Seat Yes
Dipper Yes
Turn Indicator Push Cancel
Choke Yes
Day Flasher Yes
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Bajaj Pulsar 150
Engine 4 Stroke, Single Cylinder, Air Cooled
Cubic Capacity 143.9cc
Max. Power 12 BHP @ 8500rpm
Gear Box 5 Speed
Ignition CDI
Front Brakes 240mm Disc
Rear Brakes 130mm Drum
Front Tyre 2.75 X 18
Rear Tyre 100/90 X 18
Wheelbase 1265mm
Ground Clearance 155mm
Dry Weight 132 Kg
Tank Capacity 18 Liters
Colors Black, Silver, Blue & Red
Available in following option
a) Kick Start
b) Electric Start
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Bajaj Pulsar 180 Electric Start
Engine 4 Stroke, Single Cylinder, Air Cooled
Cubic Capacity 178.61cc
Max. Power 15 BHP @ 8000rpm
Gear Box 5 Speed
Ignition CDI
Front Brakes 240mm Disc
Rear Brakes 130mm Drum
Front Tyre 2.75 X 18
Rear Tyre 100/90 X 18
Wheelbase 1292mm
Ground Clearance 155mm
Dry Weight 137 Kg
Tank Capacity 18 Litres
Colours Black, Silver, Blue & Red
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Bajaj CT 100 DLX
Specifications
Engine
Type 4 stroke, Single Cylinder
Cooling Type Air Cooled
Displacement 99.27 cc
Max Power 8.2 bhp (6.03 kW) @ 7500 rpm
Max Torque 8.05 Nm @ 5500 rpm
Ignition Type C.D.I
Carburetor Keihin-Fie
Transmission Type 4 speed gear box
Electrical System
System 12 V, AC+DC
Head Light 35/35 W
Horn 12 V, DC
Chassis
Chassis Type Tubular construction
Maximum Payload 239 kg
Suspension
Front Suspension Telescopic
Rear Suspension Hydraulic, Double acting, Swing arm type
Tyres
Front Tyre Size 2.75 - 18, 4/6 PR
Rear Tyre Size 2.75-18, 6 PR
Brakes
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Front Brakes Mechanical expanding shoe, Friction type
Rear Brakes Mechanical expanding shoe, Friction type
Fuel Tank
Fuel Tank Capacity 9.3 litres
Reserve Capacity 2.2 litres
Dimensions
Overall length 1950 mm
Overall width 770 mm
Overall height 1065 mm
Wheel Base 1225 mm
Kerb Weight 109 kgColours Available Black, Wine Red, Purple
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Bajaj Avenger
Specifications
Engine
Type 4-Stroke, DTS-I
Displacement 180 cc
Peak Power 16.5 bhp/12.15 Kw @8000 rpm
Max Torque 15.22 Nm
Suspension
Front Suspension Telescopic longest stroke, 140 mm
Rear suspension
Triple rate Spring, 5- way adjustable, Hydraulic
Shock Absorbers, Vertical travel 90mm
Brakes
Front Brake Hydraulic operated Disc Brakes 260 mm
Rear Brake 130 mm Drum
Tyres
Front tyre size 17 x 90/90
Rear tyre size 15 x 130/ 90
Fuel Tank
Main /Reserve 14 L. / 3.4 L
Electricals
System Voltage 12 V AC
Head Lamp 60/ 55 W (Halogen)
Horn 12 V Ac
Dimensions
Wheel base, mm 1475
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Kerb Weight kg 154
Colours Available Black, Red, Purple
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Launches the exciting new 200 cc Pulsar DTS-i
New Delhi, February 13 2007: Bajaj Auto, the pioneer in performancebiking has further extended the portfolio with the launch of the new 200 ccPulsar DTS-i in New Delhi today. The latest offering has set new
benchmarks in technology, performance, and styling to address the needs of
a growing segment of pro-bikers.
The new Pulsar has many firsts to its credit. It comes equipped with an Oilcooler, which helps control engine oil temperatures at sustained high speedsand rpms, thus ensuring more stable engine oil viscosity. The 200cc DTS-iengine generates 18 Ps of raw pulsating power to provide riding excitementto performance hungry bikers. This makes the Pulsar 200 the most sportyand stylish powerhouse on two wheels to pace the Indian roads.
Its also the first bike in India to feature both front and rear tubeless tyres,which besides offering superior stability are safer than conventional tubetypes and in sync with the offerings abroad for similar applications. Therear tyre is the broadest in its category to ensure better road grip andstability.
The new digital console is an advanced version of the latest Pulsar family.Apart from the Digital Odometer, Digital Speedo Meter, Digital Fuel Gaugeand two Digital Trip Meters, the console on the 200 cc Pulsar DTS-i hasindicators for Air filter condition, Engine temperature, Battery voltage andOil level, all of which contribute to enhancing rider info for trouble-free
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riding. Another first is the use of split seats for styling and comfort. Thesplit grab rail perfectly compliments the new rear chiseled looks. It is alsothe first Indian bike to have electric start as the sole means of enginecranking, dispensing with the kick lever.
Speaking on the launch Mr. S.Sridhar, VP (Sales & Marketing-2 wh), BajajAuto Ltd said, This launch is in line with our strategy of enhancing our
product portfolio to offerriding excitement to pro-bikers. Our entire focus and effort is to deliver
outstanding technology and performance. The new Pulsar has now raisedthe bar in the motorcycle industry with superior technology and featuressuch as the engine oil cooler, digital console etc.
He added, We are already market leaders by far in the performance
segment and launch of Pulsar 200 DTS-i would further reinforce ourposition in this important segment. The bike joins the immensely popular150 cc and the 180cc Pulsar DTS-i to extend the Pulsar DTS-i range acrossa range of price and performance points.
The bike would be available at exclusive Probiking showrooms at selectlocations across the country. Performance biking now also comes at anattractive price of Rs.65,497 ex showroom, New Delhi.
More about Pulsar 200 DTS-i
The Bajaj Pulsar 200 DTS-is higher sportier stance with greater chassisrear inclination is supported with some of these technologically advancedfeatures.
A lowered Headlamp/Fairing assembly alongwith a high tail-end,giving it an aggressive, ready to pounce stance.
An all Stainless Steel silencer with a Aluminium muffler can forgenuine sporty looks and long life.
Large 33 mm Front forks for muscular looks and to take care of theextra suspension and braking loads. Large 260 mm front disc for strong and predictable stopping
power. A unique Auto Switchover feature comes into play incase one of the
two Headlamp filaments stops functioning. A unique Battery Energy Conserving feature ensures a fixed delay
after 3 continuous cranks. All new Blue tinged bulbs for the main headlamp and parking
lamps. These emit strong White light for a distinctive look. Sleek, Twin row, Light-Emitting Diodes (LEDs) for the tail and
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brake lamp ensures Zero Maintenance. and a long battery life. Backlit, Non-Contact type, Soft-touch Handlebar Switches. Self-canceling Indicators that switch off when the turn has been
completed and the handlebar comes to a straight ahead positionwith a pre-set automatic switch off function, even if the turn has not
been undertaken. Smooth, positive, virtually friction-free gearshift feel with new
shifter assembly, an integrated over-shift preventor, and shift forkswith rollers mated to a change drum.
A Low Maintenance Battery with a unique venting valve, drasticallyreducing electrolyte loss and therefore reducing frequency of routinemaintenance.
Black paint theme carried over to the front fork legs, the rear shockabsorbers, and the swing arm, in addition to the engine, for deadly
looks.
High performance exposed O ring Drive chain for running in dustyconditions, providing for clean uncluttered looks and commensuratewith the bikes image.
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Technical Specifications
Engine Type 4-stroke, DTS-i, Oil cooled
Displacement 198.8 ccMax Power 18 Ps / 13.25 Kw
Max Torque 1.75 kgm / 17.17 Nm
Suspension Front Telescopic forks 135 mm stroke
RearTriple rate spring, 5 way adjustable, gas
charged NitroX shock absorbers
Brakes Front 260 mm hydraulically operated disc brakeRear Mechanically expanding 130 mm drum type
Tyres Front90/90 x 17 Tubeless tyre, shod on aluminium
alloy wheels
Rear120/80 x 17 Tubeless tyre, shod on
aluminium alloy wheels
Fuel Tank Full 15 Lts ( 2 liters of usable reserve)
Electricals System 12V AC + DC
Headlamp 35/35W clear lens type with 2 pilot lamps
Dimensions Wheelbase 1345 mm
Weight 145 Kg
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India has the largest number of two wheelers in the world with
41.6 million vehicles. India has a mix of 30 percent automobiles and 70
percent two wheelers in the country. India was the second largest two
wheeler manufacturer in the world starting in the 1950s with the birth of
Automobile Products of India (API) that manufactured scooters. API
manufactured the Lambrettas but, another company, Bajaj Auto Ltd.
surpassed API and remained through the turn of the century from its
association with Piaggio of Italy (manufacturer of Vespa).
The license raj that existed between the1940s to1980s in India, did not
allow foreign companies to enter the market and imports were tightly
controlled. This regulatory maze, before the economic liberalization, made
business easier for local players to have a sellers market. Customers in
India were forced to wait 12 years to buy a scooter from Bajaj. The CEO
of Bajaj commented that he did not need a marketing department, only a
dispatch department. By the year 1990, Bajaj had a waiting list that was
twenty-six times its annual output for scooters.
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The motorcycle segment had the same long wait times with three
manufacturers; Royal Enfield, Ideal Jawa, and Escorts. Royal Enfield
made a 350cc Bullet with the only four-stroke engine at that time and took
the higher end of the market but, there was little competition for their
customers. Ideal Jawa and Escorts took the middle and lower end of the
market respectively.
In the mid-1980s, the Indian government regulations changed and
permitted foreign companies to enter the Indian market through minority
joint ventures. The two-wheeler market changed with four Indo-Japanese
joint ventures: Hero Honda, TVS Suzuki, Bajaj Kawasaki and Kinetic
Honda. The entry of these foreign companies changed the Indian market
dynamics from the supply side to the demand side. With a larger selection
of two-wheelers on the Indian market, consumers started to gain influence
over the products they bought and raised higher customer expectations.
The industry produced more models, styling options, prices, and different
fuel efficiencies. The foreign companies new technologies helped make
the products more reliable and with better quality. Indian companies had
to change to keep up with their global counterparts.
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Hero Honda Motorcycle Ltd.
Type Public companyBSE:HEROHONDA M
Founded January 19, 1984 in Gurgaon, Haryana, India
Headquarters Haryana, India
Key people
Om PrGaurav Munjal, Founder
Mr. Brijmohan Lall Munjal, ChairmanMr. Toshiaki Nakagawa, Joint Managing
Director
Mr. Pawan Munjal, Managing Director
Industry Automotive
Products Motorcycles, Scooters
Revenue U$ 2.8 billion
Website http://www.herohonda.com/site/home/home.asp
HERO HONDA HEADQUARTERS
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