Bajaj Auto Ltd. (BAL) launched the Pulsar, which is the first bike to have been developed indigenously by the company. Pulsar has been launched in three variants. The top 180 cc model is priced at Rs 53,896, the 150 cc model with disc brake and electric start at Rs 48,923 and the 150 cc model with disc brake at Rs 44,884.
BAL will be introducing some high-tech motorcycles from the Kawasaki range by the end of next year. The two companies are also currently working on a 125-cc world mobike, which will probably be launched around 2003.
BAL is also looking at a massive jump in export figures for the coming year. While the company is looking at exports of 15,000-20,000 motorcycles this year, BAL is setting a high target of 50,000 units in the coming year, nearly 50 per cent of which is expected to come from Pulsar.
BAL is also looking at selling one million motorcycles in the coming year.