Bajaj Auto outlines FY27 roadmap

Bajaj Auto chairman Niraj Bajaj has outlined the company’s key priorities for FY27 in its annual report, identifying the domestic 125cc-plus motorcycle segment, the Chetak electric scooter business and exports as its primary growth drivers. The announcement comes on the back of a record FY26, during which Bajaj Auto crossed 5 million units in annual sales for the first time.

1. Bajaj Auto to strengthen 125cc-plus motorcycle business 
2. Plans to expand Chetak brand while improving product proposition and profitability
3. Exports to remain a major focus

Bajaj Auto FY27 priorities

KTM turnaround described as a "work in progress, well underway"

On the domestic motorcycle front, Bajaj Auto's priority for FY27 is to strengthen its competitiveness in the 125cc-plus segment through a combination of new products, brand interventions and improved market execution. One of those products is likely to be the next-generation Pulsar, which was recently spotted testing on an all-new platform with updated styling. It is expected to be launched ahead of the festive season.

Chetak volumes reached a new high in FY26, recovering strongly in the second half of the year after supply disruptions caused by restrictions on rare-earth material exports. Looking ahead to FY27, Bajaj Auto aims to significantly accelerate the electric scooter's growth while further strengthening its product proposition and profitability. Meanwhile, KTM and Triumph, both of which posted their best-ever performance in FY26, are also expected to maintain their momentum. 

On the export front, Bajaj Auto – which manufactures in India for over 100 countries – saw monthly volumes cross two lakh units after a prolonged gap in FY26. Latin America recorded another record year, while Sri Lanka, Nepal and the Philippines posted strong growth. In FY27, the company plans to build on that recovery while managing continued disruptions in global logistics.

Regarding KTM, Niraj Bajaj said the company had worked with the Austrian management following Bajaj's acquisition of control in November 2025 to strengthen governance, reconstitute the board and put a new leadership team in place. "While the turnaround remains a work in progress, it is well underway," he said, adding that Bajaj remained confident in the strength of the KTM brand and its ability to return to its earlier performance levels over time.

Darshan Nakhwa & Ketan Thakkar