Eyeing 10 per cent growth in commercial auto division, Bajaj Auto plans to launch four new models in passenger and goods carrier segment within six months, a senior company official said.
The company, which exports 50 per cent of its passenger and goods vehicles to more than 17 countries, is planning to manufacture eco-friendly vehicles, Bajaj Commercial Division CEO R C Maheshwari said.
“We are speaking to various state governments to promote LPG and CNG variants of our vehicles. All the four new launches will be either in petrol or LPG and CNG,” he said,
adding that diesel vehicles comprise only 30 per cent of its product portfolio.
“We push diesel variant in rural areas only where population is sparse,” he said.
The company targets to sell 3 lakh units in this segment.
“In the last fiscal, we sold 2,74,000 vehicles. This year we plan to sell 10 per cent more,” he said.