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Bajaj Auto exported 32,009 units last month from India, but the national count remained at zero as manufacturing units and retail networks did not work.
Last fiscal year, exports in the two-wheeled vehicle industry experienced an appreciable increase of 7.3 percent and Bajaj Auto contributed to more than 53 percent of the total volumes in demand in the Latin American and African markets. The Chakan-based manufacturer registered a total of 18.69,220 units in the period between April 2019 and March, compared to 16.95,553 units with a massive growth of 10.2 percent.
With the new financial year as a difficult start to imagine, sales figures for the two and four-wheeled sectors for the month of April 2020 had been zero as manufacturing facilities and retail sales networks are closed due to a The obvious reasons we all know, but the same cannot be said for exports.
Like other two-wheeled brands, Bajaj Auto recorded zero domestic sales last month compared to 2.05,875 units during the same period in 2019. However, it managed to ship just over 32,000 units in April 2020 compared to 1.60,393 units during the corresponding period twelve months ago with a massive year-on-year negative growth of 80 percent.
Combining the domestic market and exports, we would get the same number as exports by 32,009 units compared to 3.66,268 units in April 2019 with a volume drop of 91 percent. With zero commercial vehicles sold in the domestic market, Bajaj exported 5,869 units last month compared to 30,818 units with an annual decrease of 81 percent.
Therefore, in the commercial vehicle division, the decrease in growth of Bajaj Auto stood at 90% year-on-year. When we compared national sales of two-wheelers and commercial vehicles in April 2020 to the same period last year, 37,878 units were recorded versus 4.23,315 units with a volume drop of 91 percent annually.
The situation is sadder for two-wheeled brands that do not export in large quantities from India. The worst month in the Indian auto industry does not appear to lead to an instant recovery as low customer sentiment is expected to prevail when social and economic conditions return to the way they used to be before reaching possible normalcy later this year. year.
