Bajaj has registered zero domestic sales in the month of April. The record low is a result of the nationwide lockdown that was imposed because of the COVID-19 disaster. The Indian company is also one of India's largest exporters of two-wheelers, where it has also witnessed a massive decline.
In April 2020, Bajaj exported 32,009 two-wheelers, as compared to the 1,60,393 units it recorded in April 2019; a decline of just over 80 percent. For reference, Bajaj's domestic sales in India over April 2019 stood at 2,05,875 units.
On April 23, Bajaj was one the first two-wheeler companies to begin restarting production. Its factory in Waluj, Aurangabad began to fulfil export orders amounting to approximately Rs 1,000 crore. The decision to restart the factory was taken after the Government of Maharashtra allowed a partial relaxation of the lockdown, specifically in areas that don't have a lot of coronavirus-positive cases.
Ved Janve
Azaman Chothia
Dinshaw Magol
Vishal Venugopal
