360° Coverage : Bajaj Auto sixth among top 10 motorbike sellers in Africa

1 Updates
Bajaj Auto sixth among top 10 motorbike sellers in Africa
Photo Credit: STR, Getty Images

Bajaj Auto sixth among top 10 motorbike sellers in Africa

Oct 20 2013, 7:47am CDT | by IANS

Accra (Ghana), Oct 20 (IANS) India's motorbike manufacturer Bajaj Auto has been ranked sixth out of the ten top motorbike sellers in Africa, the company has said.

Accra (Ghana), Oct 20 — India's motorbike manufacturer Bajaj Auto has been ranked sixth out of the ten top motorbike sellers in Africa, the company has said. The company sold more than 600,000 units...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Bajaj Auto sixth among top 10 motorbike sellers in Africa

Oct 20 2013, 7:47am CDT | by IANS

Accra (Ghana), Oct 20 (IANS) India's motorbike manufacturer Bajaj Auto has been ranked sixth out of the ten top motorbike sellers in Africa, the company has said.

Accra (Ghana), Oct 20 — India's motorbike manufacturer Bajaj Auto has been ranked sixth out of the ten top motorbike sellers in Africa, the company has said.

The company sold more than 600,000 units across Africa last year, creating a lot of appeal with its brand "Boxer", a statement here by the company has said.

Bajaj Auto also exported 1.5 million vehicles last year, including two- and three-wheelers and has been ranked the third largest motorbike manufacturer in India. It produced 3.83 million motorbikes during 2012-13 and over 515,000 three-wheelers.

Currently, Bajaj's Boxer brand "commands a market share of 90 percent in Uganda, 40 percent in Nigeria, 35 percent in Angola and 30 percent in Kenya", the statement said adding that "one of the main success factors, apart from the quality of the motorbike has been the company's ability to cater to the service and spare parts requirements of its customers in these countries".

Bajaj Auto also announced it has teamed up with SOMOCO, a locally-owned Indian company in Ghana and a subsidiary of the Mohinani conglomerate, to distribute its products in its 51st global market.

"Ghana's motor-bike market is estimated to be about 100,000 units per annum," Bajaj Auto said adding that "demand has grown rapidly in the last few years thanks to a growing middle class. The company aims to be the market leader in three to five years time".

Bajaj Auto said the company would initially target the utility and commuter segment through its immensely successful motorbike brand which comes in two variants - the 100cc version and the powerful 150cc version.

"The company is confident that the brand will appeal to the customers through its three primary qualities of reliability, ruggedness and timely service," it added.

The Mohinani conglomerate is a leading second-generation family business group of Indian descent and employs over 3,000 people in multi-sector operations across various industries ranging from manufacturing, packaging and plastics as well as trade and distribution of chemicals, polymers and consumer durables.

(Francis Kokutse can be reached at fkokutse@hotmail.com)

IANS

Source: IANS

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Khamenei wants less reliance on oil
Tehran, Oct 23 (IANS) Iran's Supreme Leader Ayatollah Ali Khamenei called on the country's officials Wednesday to formulate plans to cut Iran's dependence on oil revenues and manage the economy on the basis of the domestic capabilities.
 
 
Nigerian parliament approves $1 bn loan to fight Boko Haram
Lagos, Oct 23 (IANS) The Nigerian House of Representatives Wednesday approved President Goodluck Jonathan's request to borrow not more than one billion dollars to tackle the security challenges facing the country.
 
 
Kenya to train 30,000 health workers on Ebola
Nairobi, Oct 23 (IANS) Kenya has plans to train 30,000 health workers on Ebola screening, prevention, control and case management, the health ministry said Wednesday.
 
 
Germany pledges additional five mn euros to fight Ebola
Berlin, Oct 22 (IANS) Germany Wednesday said it would provide over five million euros ($6 million) in additional funds to promote Ebola research.
 
 
 

Latest from the Network

European Champions League standings
Paris, Oct 22 (IANS) Following are the European Champions League standings for Groups E to H after Tuesday's matches (tabulated under matches played, won, drawn, lost, goals for, against, points), according to Xinhua...
Read more on Sport Balla
 
Rogerio set to break Giggs world record
Rio de Janeiro, Oct 22 (IANS) Sao Paulo goalkeeper Rogerio Ceni is one victory away from earning his fourth Guinness World Record by eclipsing a mark held by Manchester United legend Ryan Giggs. The 41-year-old will...
Read more on Sport Balla
 
Ryan Reynolds can't keep his hands off Blake Lively
Ryan Reynolds was ''really sweet'' to Blake Lively at the Angel City Ball. The couple, who got married in September 2012, made their first red carpet appearance together in New York City on Monday night (10.20.14) since...
Read more on Celebrity Balla
 
Kris Jenner doesn't know who Bruce Jenner is dating
Kris Jenner has ''no idea'' whether Bruce Jenner is dating her best friend. The 58-year-old reality TV star, who split from the Olympic gold medallist last October after 23 years of marriage, claims she doesn't know if...
Read more on Celebrity Balla
 
When Rihanna dressed like 'Harry Potter'
New York, Oct 22 (IANS) Singer Rihanna was spotted here in a Harry Potter style costume. She wore the wizard-like get-up while heading for a business meal here Monday, reports mirror.co.uk. The 26-year-old combined a...
Read more on Celebrity Balla
 
Germany raises humanitarian aid to Iraq
Berlin, Oct 22 (IANS) Germany has pledged a further 20 million euros (about 25.5 million dollars) in humanitarian aid to Iraq, the foreign ministry said in a statement Tuesday. The additional funds are immediately...
Read more on Politics Balla
 
India calls on Israel, Palestine to resume peace process
United Nations, Oct 22 (IANS) India has called upon Israelis and Palestinians to resume the peace process as "dialogue remains the only viable option" to address the issues confronting the region. In a brief statement...
Read more on Politics Balla
 
Airstrikes help ground forces fight IS: Pentagon
Washington, Oct 22 (IANS) Kurdish forces are in control of the majority of the Syrian city of Kobane despite efforts by the Islamic State (IS) to take the town, a spokesperson for US defence department said Tuesday....
Read more on Politics Balla
 
Palestine, Israel urged at UN to halt unilateral initiatives
United Nations, Oct 22 (IANS) UN Secretary-General Ban Ki- moon Tuesday called on Palestine and Israel to overcome differences and halt unilateral initiatives that fuel mistrust, so as to pursue long-term stability in...
Read more on Politics Balla
 
China urges Israel to create conditions for peace
United Nations, Oct 22 (IANS) Chinese government has called on Israel to create necessary conditions for the resumption of peace talks with Palestine. At an open debate of the Security Council on the situation of the...
Read more on Politics Balla