January 2007	January 2006	Growth %
MOTORCYCLES	195,560	173,835	12
TOTAL 2 WHEELERS	197,553	181,758	9
3 WHEELERS	32,030	22,019	45
TOTAL 2 & 3 WHEELERS	229,583	203,777	13
Exports out of the above	39,812	18,168	119

1.	Bajaj motorcycles continued to grow ahead of industry and thus gain market share.
2.	With increasingly strong sales of Bajaj Discover and Bajaj Pulsar DTS-i platform products only 45% of Bajaj motorcycle sales now come from the relatively lower margin 100cc segment.
3.	In order to exit this segment Bajaj intends to introduce an all new motorcycle platform in FY08Q2. Towards this end, Bajaj has now finalized product design and specification, and has scheduled pre-mass production trials in FY08Q1.
4.	Simultaneously Bajaj will commence motorcycle production at its new Plant at Pantnagar in Uttarakhand on 9th April 2007, intending to ramp up to the rate of 1 million per year within FY08.
5.	These two initiatives, complemented by the continuing higher than expected sales in 3-wheelers and in exports should stabilize if not enhance profitability in FY08.

YTD 2006-07:

	April 2006 – January 2007	April 2005– January 2006	Growth %
MOTORCYCLES	2,039,214	1,553,041	31
TOTAL 2 WHEELERS	2,056,194	1,660,280	24
3 WHEELERS	269,228	201,387	34
TOTAL 2 & 3 WHEELERS	2,325,422	1,861,667	25
Exports out of the above	365,540	194,933	88

6.	Bajaj is close to achieving its FY 2007 target of approximately 2.85 million vehicles leading to a turnover of about Rs 10,000 crores.