Financial Daily from THE HINDU group of publications
Friday, May 27, 2005
Financial Daily from THE HINDU group of publications Friday, May 27, 2005 |
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Marketing
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New Products & Services Bajaj to launch Avenger Our Bureau
HYDERABAD: Bajaj Auto is set to launch Avenger, a cruiser bike, next month. The bike is expected to be priced at Rs 59,999 ex-showroom. Speaking after the opening of the Siddi Vinayaka showroom at Bahadurpura in Hyderabad, the Regional Manager of Bajaj Auto, Mr B.K. Senapathi, said that of about 40,000 motorcycle sales in Andhra Pradesh, Hyderabad accounts for 12,000. Of this, Bajaj Auto accounts for 4,000 vehicles. The Managing Director of Sri Siddi Vinayaka Automobiles, Mr K.V. Babul Reddy, said that in 2004-05, the company notched a turnover of Rs 75 crore and is planning more outlets.
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