Jan 8, 2008

Bajaj Discover 150, Blade and more

Well, this is all I have for the moment. In the interest of completeness, I've left the four-wheelers bits in. Pics as soon as I can dig 'em up

Bajaj Auto reveals “Lite” 4-wheeler Range at Auto-Expo 08
  • To launch Premium scooter –‘Blade’ in 2008.
  • To introduce new Discover & XCD DTS-i Sprint in 2008
  • New Lite 4-wheel Commercial Vehicles also unveiled
  • Lite Passenger 4-wheeler unveiled
New Delhi, January 8, 2008: Bajaj Auto today presented the new premium scooter the ‘Blade’, the new XCD 125 DTS-i Sprint and the new Discover DTS-i motorcycles, all slated for introduction in 2008. The company also presented two models of Lite 4-wheel commercial vehicles. The Lite Passenger vehicle to be displayed at the 9th Auto Expo in Delhi was also unveiled today.

Scooters
The company previewed a Distinctly Ahead Premium Scooter, the Bajaj Blade. Unlike most market offerings in this segment which are targeted either to the Family or the Female segments, the Bajaj Blade is specifically designed for the modern urban male.

The Blade DTS-i
This premium-performance scooter completely supports its sporty styling with a powerful 125cc, 4-valve DTS-i engine to zoom ahead. The large 12-inch alloy wheels, and Disc Brakes make for sporty handling. The “Blade DTS-i” also comes with a Front Fuelling system to offer great convenience to the rider at the Petrol Pump.

This scooter is designed to get excitement back in scooters by offering a combination of performance, convenience, and modern styling.

Motorcycles
Bajaj Auto also presented the company’s product strategy designed to shift consumers from basic 100cc commuters to superior products, which offer far better performance and features. This strategy of shifting the market has been highly successful and has gained substantial volumes, market share and delivered best in industry profitability for the company as can be seen from the table below:

Item | 2002-03 | 2006-07
Share of 125cc & higher Market in Total Motorcycle | 10% | 36%
BAL Market Share in 125cc and higher Market | 49% | 59%
Overall BAL motorcycle market share | 23% | 35%

Bajaj Auto would continue to catalyze the market up-gradation that started with the launch of Discover DTS-i in 2004 and is currently spearheaded by the recently launched XCD 125 DTS-Si. This product offered an unprecedented combination of 150cc features, 125cc performance with 100 cc mileage and has sold a record 150,000 numbers since its launch on 9th September 07. It has now become India’s leading premium motorcycle brand overtaking the Bajaj Discover DTS-i.

The company is previewing two new offerings for 2008 as part of its larger product strategy:

The XCD DTS-i Sprint
To continue the up-gradation from 100 cc alternatives, the company is launching the Bajaj XCD DTS-i Sprint. This bike has been designed for enthusiasts amongst 100cc customers who are looking for something more exciting and exclusive.

Powered by a four valve 125cc DTS-i engine, the XCD Sprint will race ahead to leave all other alternatives in the segment well behind. The Nitrox suspension in the rear, 17-inch alloy wheels, and Disc Brakes provide for sporty handling and superior riding comfort.

The New Discover 150 DTS-i
The new Sports Tourer, the Discover 150 is now positioned to upgrade the 125cc consumer and will now deliver more power and punch. It carries a lean, athletic, muscular styling with power packed performance. Fully loaded with a 150cc DTS-i engine, electric start, mag-wheels, embedded blinkers and other features, the Discover 150 DTS-i is a compelling package.

According to Mr. S. Sridhar, CEO-2-wheelers, Bajaj Auto Ltd, ”With the launch of this new bikes we will continue to upgrade customers to superior better performing alternatives. The XCD DTS-i Sprint is aimed at upgrading the biking enthusiasts among 100cc customers, the Discover 150 DTS-i at upgrading the earlier 125cc customers. These two offerings will help further consolidate our stranglehold in the 125cc and above segment.”

Lite 4-Wheelers
The company shared the “Lite” vehicle concept, which will be the foundation on which future 4-wheelers will be launched. This Lite range, in two basic forms -- one as a Lite Passenger carrier and the other as Lite Commercial vehicles would provide economical and environment friendly transportation solutions for personal as well as goods movement. The Lite vehicle concept would first offer low running costs & affordable monthly outflows coupled with a reasonable cost of acquisition. This would lead to an unbeatable “total cost of operation”.

The Lite Passenger vehicle to be displayed at the expo has been entirely conceptualized and designed by the Bajaj team at Akurdi. Bajaj Auto would be spearheading the project while Renault-Nissan will give valuable inputs for development. This vehicle will be manufactured in the new Chakan plant near Pune.

The company will also be launching two Lite Commercial vehicles in 2009. Two base models with short and longer wheelbases were presented. These two base models could then have varying body frames for various application i.e. open bodied pick-up van, close bodied delivery van, soft drink, gas cylinder carriers etc. These vehicles will powered by a multi-cylinder diesel engine.

According to Mr. R.C. Maheshwari, CEO-CV, Bajaj Auto, “We have frozen the key performance parameters for the new commercial vehicles. The values that will drive the business will be those of innovation and offering the highest value for our customers. The Lite Commercial vehicles will also be rolled out from the new Chakan plant.”

This “Distinctly Ahead” product line-up undeniably reaffirms Bajaj Product leadership by offering consumers innovative technology, unique features, outstanding performance and landmark styling.
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Jan 14, 2008

Auto Expo 2008: Bajaj Discover 150, Blade & XCD Sprint

As you have already read, Bajaj showed off three new products that it intends to launch this year. Unfortunately, none supersede the 220. So, while Joseph and team have been working on, reportedly and bloggedly, on larger motors, either Bajaj will surprise us at some point this year, or not.
Bajaj Blade DTSi
Bajaj Blade DTSi

Blade DTSi
This is a rather neat looking scooter, but appearances do not suggest that it is mould-breaking in any visible fashion. It is good looking, very European in the lines and promises good performance. The engine, as you've already read is a four-valve DTSi 125cc. Using a four-valve engine would suggest that the Blade is more powerful than its 125cc scooter competition. Expect a 10 bhp-odd power claim, which should give the scooter a fair bit of performance. Also expect the scooter to manage 10-15 per cent greater fuel economy on average. The wheels are 12-inchers, like the new Honda Aviators, which should bring stability and more handling ability to the package. Bajaj return to the telescopic fork on the scooter (last seen briefly on the Saffire) and there is even a disc brake on the front hub. No idea whether the brake would be standard or not. I'd be thrilled if it were, for the record. The show bike was caged off, so don't know about the storage space. Will buy a beer if you can actually stuff a full-face lid under the seat and then close the seat also. I didn't have the time to spot whether the tyres were tubeless or not, but again, if they were, I'd chase that beer down with another one. But again, will the average scooter buyer be willing to shell out for the goodies? Somehow, I don't think so. No launch dates were specified as far as I can tell, but I think the Blade is the first of the Bajaj launches this year.


Bajaj Discover 150 DTSiBajaj Discover 150 DTSi
This is Bajaj, once more, playing the game it's learnt, offer more products and profit from the slight overlap and consequent cannibalisation. This is good thing, mind you. The Discover chassis grows up a little to host the Pulsar 150 DTSi engine, giving rise to a machine that is clearly a stylistic evolution of the Discover school of design. I'm not convinced about the XCD-ish shape of the tank extensions, but I do appreciate the LED tips that will replace the stalk-type indicators. Similarly, I don't know if the ultra-sleek tail design is a production-ready design or not, but it looks good. In terms of positioning, the Pulsar 150 is likely to evolve into a more serious machine, with a clear sporty intent and therefore, a higher price tag, marginally, of course. According to Rajiv Bajaj, the P150 will become more of a sport-tourer (yes, I know the press release says the exact opposite) of sorts, while the Disco 150 will be the commuter. He also mentioned that other companies had tried to engineer this stratified approach to the 150 commuter/specialist, but he hopes that Bajaj is the company that gets it right first.

Bajaj XCD DTSi Sprint
Bajaj XCD DTSi SprintBajaj XCD Sprint
The XCD also evolves. Many people at the show said, 'ALREADY?' Bajaj is ready with the four-valve engines, and I am a bit surprised that it is the Disco and the XCD that appear to be getting them first. Or maybe, the four-valve Pulsars will debut in June, just ahead of the stonkingly-promising Yamaha YZF-R15. Any way, the 125cc four-valve DTSi engine is likely to hike power output almost to the edge of the 150cc segment, and I, for one, would not be surprised to find a sporty, enthusiastic motor that has loads more character than the civil XCD.

Pulsars
So what happens to the Pulsars? I think, now, finally, a serious, almost ground-up renovation of the Pulsar platform is due, and the silence on the Pulsar front points to the fact that this is, in fact, happening and under wraps. The four-valve DTSi engine should, in theory, allow bigger peak power outputs and turn the Pulsar into a more sporty machine. The stuff that remains to be seen is the rest of it. Will the extra power require only oil-cooling, or liquid-cooling as well? How will it mould the chassis? Will tubeless tyres become standard across the range? Will be get stickier tyres in the bargain (The YZF-R15 seemed to have Indian-made sticky ones, so I've got my fingers crossed)? I have a feeling all of this will happen. And this year. The official line, on the other hand, is that Bajaj has enough on its plate this year. Which, again, I find it hard to disagree with.

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May 9, 2007

Bajaj Discover 135 DTSi: Riding Impression

Bajaj Discover 135 DTSiThe normal way to make a designer gown even more classy and upmarket is to stud it with Swarovski crystals. Or, if you are really, really rich, use real diamonds and charge the earth. However, 125cc motorcycles are the aforementioned gowns and so studding them with anything apart from stickers – in itself a dubious strategy – is usually not a great idea. So, in a market full of similar 125s (I won't say template 125s, because despite the obvious similarities, I think they are quite distinct in feel and character), what do you do? I think this question was posed to someone in Bajaj regarding the steady, but not stellar sales on the Discover.

The answer is quite pleasant. Someone decided to shake the very foundations of the segment by upping the displacement. We have seen this done already, of course. The Ambition was nothing more than an overgrown (and too early for its time) 125. Ditto the Apacher RTR 160. And now, the Bajaj Discover 135 DTSi.

I rode one yesterday, and I thought it was nice. It feels laid back (which is scary, because the last time I rode a P200, it felt laid back too; and I loved the very not-calm original generation P180 a lot, lot more) but it isn't slow. Speed builds rapidly and the 135 will eat a 125, any 125 for performance. Handling is similar, but the fatter rubber (it isn't tubeless like you read here) makes it feel a little more planted, and a little slower to turn. But the difference is marginal and not something that should make or break a buying decision, I think. Braking is better, no surprise there, seeing that the Disco has regained the 240 mm disc unit it was born with. Ride quality should have been better thanks to the gas shocks, but I don't think the difference is going to be earth shattering. I for one thought they ride quality was all right, but since I haven't ridden a SNS Disco in quite a while, my ride quality assessment could be totally out of whack. If you've ridden a D135 and a D125 recently please post a specific comment on the D135s ride quality, please. Fuel economy is similar to the 125s, I'm told so the VFM perception shouldn't be an issue. The price difference is Rs 3000, which is roughly the step-up when you buy a disc version of a drum-braked price. From that perspective, the Rs 57,000-odd on-road in Mumbai, is money well spent.

Now, I have a question. If the Disco 135 did remarkably well in the market, do you think it should replace the Disco 125 entirely? That would make sense, would it not? Especially given that Bajaj intends to offer 125cc products in the entry-level (100cc) segment soon...

Related post:Discover 135 DTSi: Specs |Bajaj Discover 135: Some details
Image: bajajdiscover.com

Jan 14, 2008

Auto Expo 2008: Bajaj-Kawasaki

Bajaj Kawasaki Ninja 250R
Bajaj made the Kawasaki announcement at the Auto Expo. CBUs are coming. After spending the last two years categorically denying any interest in the CBU market, Bajaj are taking the first steps. And they weren't completely wrong either. Bajaj will bring CKDs and assemble them at Chakan for Indian sale, which will give them a massive duty advantage. At the Auto Expo, Bajaj showed a number of models that they are considering for Indian launch, including the Ninja 250, ZX-6R, a Vulcan, the ER-6n etc. The official line, again, is that the response is being judged and by June, we should see the results of the crowd reaction. I get the feeling, though, that the we will definitely see the Ninja 250 in June, followed by a second Kawasaki early 2009. Given that most manufacturers are starting with their flagships – near unobtanium – it would make sense for Bajaj, the essence of affordable performance – to offer the Ninja at a realistic price that you and I can afford without a year of dreaming and scrimping on costs. A 30 bhp, Indian-assembled sports 250 twin for Rs 2.5 lakh? I think it might work really well. Of course, the touring crowd will be interested in the simplicity and versatility of the ER-6n, but I have a feeling Indian enthusiasts are yearning for engines wrapped in glossy plastic first, so you're going to have to wait a little bit. Again, Kawasaki officially says big bikes coming June 2008, no word on which models.
Bajaj Kawasaki Ninja 250R
Bajaj Kawasaki Ninja 250R
Bajaj Kawasaki Ninja 250R
Bajaj Kawasaki Ninja 250R
Here's the press release

Bajaj and Kawasaki to bring Big bikes into India.

Bikes to be retailed through Bajaj Probiking Showrooms
Ninja 250 among the bikes to be retailed

11th January 2007, New Delhi: Bajaj and Kawasaki today announced an agreement to bring in Kawasaki big bikes into India. This is in continuation of their strong partnership from the mid 80’s when the first technical collaboration for motorcycle development was signed. This technical collaboration which continued since then, went a step further in 2004 when Kawasaki commenced distributing Bajaj bikes in the Philippines.

Now the partners bring Kawasaki big bikes to India.

Amongst the bikes being considered for launch is the recently launched Ninja 250. This product designed by Kawasaki for the United States, Europe and Japan is powered by an eight-valve DOHC liquid cooled 250 cc fuel injection engine developing 30 PS at 10,500 rpm. Combined with the 6-speed transmission the Ninja 250 is a matchless performer. In addition to the Ninja 250, other big Kawasaki bikes that are being considered for the domestic market were on display at the Bajaj Presentation in Hall no 3 at the Auto-Expo in N. Delhi. These include the Sports Roadster the ER-6n, Super Sports bikes the Ninja ZX-6R and the Z1000, and the Vulcan Cruiser.

The Kawasaki bikes would be retailed through the chain of hi-end Bajaj Probiking showrooms. The company had kick-started the Probiking initiative in 2005 with the launch of the Pune showroom. Today ten Probiking showrooms are operational with presence in all major markets with ten more to go on-stream by end of Fiscal 2008. Designed for professional bikers the showrooms house state-of the art interactive terminals and offer prospective “Probikers” a chance to test-ride the bikes on specially designed Indoor Dynamometers.

Kawasaki, Japan will also provide the necessary service training and parts back-up to ensure that the hi-performance bikes are in peak condition and fully live up to the expectations of the Probikers.

Mr. Shinichi Tamba, President of the Kawasaki Consumer Products and Machinery Company comments, “ India is a very important market for KHI and Bajaj Auto is a strong partner. The Indian market is in the cusp of progressing to big bikes and Kawasaki is highly regarded in this segment. Soon the “flying K” and the “Kawasaki Green” will scorch the Indian roads.”

Commenting on this effort, Mr. Rajiv Bajaj, Managing Director, Bajaj Auto said, “ Both Kawasaki and Bajaj have synergized their strengths to widen the portfolio in respective markets. The domestic consumer can now experience the power of big biking while the Kawasaki customers in the Philippines are already experiencing the range of Bajaj products for the past few years. We are in discussions to extend the Philippine business model to other countries as well.”

The Good times are indeed rolling for both Kawasaki and Bajaj.
All images: Kawasaki Heavy Industries

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Nov 15, 2007

Bajaj-KTM: The press release

Just so the chain remains complete, here is the Bajaj-KTM press release with the three images that came with it...

KTM Super DukeKTM and Bajaj Agree Upon Joint Projects

The Second largest European sport motorcycle manufacturer KTM Power Sports AG, and the Second largest Indian Motorcycle manufacturer Bajaj Auto Ltd, announced wide-ranging cooperation on Monday 5th November 2007.

Development of engine and vehicle platforms

The KTM Group provides the know-how for the joint development of high-efficient watercooled 4-stroke engines (125-ccm and 250-ccm), which provide KTM the basis for street motorcycles in the new street entry segment. The joint developments will also be available as basis for Bajaj-products.

Through the cooperation with Bajaj, KTM extends its product portfolio for the future with a 125-ccm street product line, in addition to the present 1190-ccm, 990-ccm and 690-ccm platforms developed and manufactured in Austria. With the introduction of the new EU driving licence which allows riding of 125-ccm motorcycles with a car driving licence in all EU member States, KTM will be in a position to offer innovative premium entry models in the street segment.


Natural hedging-potential for KTM due to sourcing of entry motorcycles in India


The sourcing for the production and the assembling of these new models in the street entry segment will occur in India. Thus the KTM Group is able to develop a natural hedging potential for its USD-exposure in the future.

Strengthening of the KTM sales structure in South – Eastern Asia

Bajaj takes over, the distribution of KTM products in India and further countries in South – Eastern Asia. Through this cooperation KTM opens up the Asian region and receives new opportunities for the sales of the entire KTM-product portfolio.

Sustained growth in the future

The publicly listed Bajaj Auto Ltd. has emphasized the strategic importance of these projects through the acquisition over the capital markets, through its 100% Netherlands subsidiary – Bajaj Auto International Holdings BV - of an interest of 14.5% in KTM Power Sports AG.

KTM 690 DukeStefan Pierer KTM CEO welcoming Bajaj participation said:

“The Executive Board of KTM Power Sports AG appreciates this measure and sees in the cooperation a great chance to strengthen the KTM Group in its sustained growth strategy in a global environment.”

Commenting on the co-operation, Bajaj CEO Rajiv Bajaj said:


“KTM’s sharp brand positioning, differentiated designs, and hyper performance have inspired Bajaj to invest in this participation. Bajaj is delighted with this opportunity to co-develop a range of products for manufacture by Bajaj for both KTM and Bajaj brands. Equally Bajaj is excited by the prospect of introducing KTM products to India and South East Asia, as also to access the European market via KTM.


Bajaj is confident that this co-operation represents a long term win-win situation given the entirely complementary and conflict free nature of the partners in brand positioning, market presence, product plans and supply chain structure“.


About KTM Power Sports AG


KTM Power Sports AG is a worldwide leading manufacturer of power sports vehicles. With Products – in Motocross, Supermoto, Enduro classes and with On road bike products like Super Duke KTM is a strong brand in Europe and The United States. KTM has won more than 136 World Championship titles and seven times the Rallye Paris-Dakar. The operation core company, KTM-Sportmotorcycle AG, develops and manufactures competition off-road and street motorcycles. KTM-Sportcar AG builds the light-weight sports car X-Bow, KTM’s first step into the automotive field. With more than 1,930 employees, the KTM Group earned revenue of Euro 566.1 Mio. (INR 32 Billion) in fiscal year 2006/07. Over 23 sales subsidiaries distribute KTM products to their 1,400 independent KTM dealerships worldwide.


KTM is a Vienna Stock Exchange listed Company with market capitalisation of Euro 390 million (INR 22 Billion). KTM is a Group Company of Cross Industries AG, indirectly owned by & managed by Messrs Stefan Pierer and Rudolf Knunz. The Cross-group’s other businesses include racing motorsports systems, composites, etc


Further information about the KTM Group is to be found at
www.ktm.com.

About Bajaj Auto Ltd.


Bajaj Auto Ltd, is India’s second largest motorcycle manufacturer and ranks among the top five motorcycle producers in the world. In the fiscal year 2006-07 Bajaj produced and sold about 2.38 million Motorcycles and over 320,000 automotive 3-wheelers. Its Motorcycle brands the Bajaj Pulsar DTSi, the Bajaj Discover DTSi, the Bajaj XCD DTS-Si are extremely popular in India, South & South East Asia, Africa and Latin & Central American Countries. Bajaj exported over 440,000 units (over 16% of its production) in 2006-07. Bajaj achieved consolidated revenues of Rs 166 Billion (Euro 2.9 Billion). Automotive segment accounted for 57% of Revenues, Financial Services 40% and Investment & other activities the balance. Consolidated net profits for FY 07 stood at Rs 12.5 Billion (Euro 220 Million) Bajaj’s shares are listed on Bombay and National Stock Exchanges of India and its GDRs are listed on the London Stock Exchange. Bajaj has a market capitalisation of INR 245 Billion (Euro 4.3 Billion).


Bajaj Auto is the flagship of the Bajaj group of Companies. Bajaj Group’s other interests include Life & General Insurance (Joint Ventures with Allianz of Germany), Retail Financing, Steel and Electrical Appliances. Mr Rahul Bajaj, Chairman of Bajaj Auto heads Bajaj Group of companies and also serves as a member of the Upper House of Indian Parliament. Mr Rajiv Bajaj is Managing Director & CEO of Bajaj Auto Ltd.


Further Information about Bajaj Auto Ltd. is to be found at
www.bajajauto.com.

Bajaj has been advised in relation to its investment in KTM Shares by Asian Capital Partners Group, Hauser Partners & Raiffeisen Centro Bank AG.


Currency rate 1 Euro = 56.88 INR

May 24, 2006

Bajaj Auto 2005-06 results in full

Ever seen a full year's worth of summaries from a major two-wheeler maker? This is the full text of what the full thing looks like. Minus the irrelevant sections like three-wheelers, other assets and subsidiaries (like life insurance and stuff). I haven't tried to simplify what follows for two reasons. 1) it removes the flavour of the original. And 2) I wouldn't know how to. What is EBITDA anyway, eh?

Sanjiv Bajaj and K Grihapathy at the results announcement

BAJAJ AUTO RESULTS:
FINANCIAL YEAR 2005-06


A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and
approve the results for the financial year 2005-06.

1. HIGHLIGHTS OF THE YEAR
  • Motorcycles sales – 1.91 million – 32% - well above industry growth of 19%
  • 2 & 3-Wheeler sales – 2.28 million – 25%
  • Turnover Rs. 81.06 billion: 28%
  • Operating EBITDA Rs. 13.69 billion – 47%
  • Operating EBITDA margin 17.9% – 220 basis points
  • Profit before tax Rs. 15.81 billion – 45%
  • Net profit Rs. 11.23 billion – 47%

2. FINANCIALS
The summary of audited results of Bajaj Auto (not consolidated) is as under:

Rs in millionFY 2005-06FY 2004-05
Turnover (net of excise81,06463,228
Gross Profit after interest but before VRS, depreciation and taxation17,94313,208
Compensationpaid under VRS226490
Depreciation1,9101,854
Profit before taxation15,80710,864
Provision for taxation (including deferred tax)4,7913,196
Profit after Tax11,0167,668
Tax credits of earlier years, prior period expenses, net217-18
Net profit for the year11,2337,650
Earnings per share (Rs)11175.6


3. DIVIDEND
The Board of Directors recommended a dividend of Rs. 40 per share. (400%). The total
amount of dividend and tax thereon amounted to Rs. 4,615 million. Dividend paid in the
previous year was Rs 25 per share (250%).

4. TURNOVER, MARGINS & PROFITS AFTER TAX
  • Turnover for the year - Rs. 81.06 billion v/s Rs 63.23 billion –increase of 28%.
  • Sales (net of excise duty) - Rs. 74.69 billion v/s Rs 57.24 billion in 2004-05 – increase of 30%.
  • Operating EBITDA - Rs 13.69 billion from Rs 9.3 billion in 2004-05 – increase of47%. Operating EBITDA margins improved by 220 basis points to 17.9%.Improvement in margins for the year is due to increase in sales of motorcycles,favourable mix change – higher number of motorcycles in the value and premium segment, higher exports and tighter control over material and fixed costs.
  • Profit before tax Rs 15.81 billion – increase of 45%.
  • Net Profit after tax Rs 11.23 billion – increase of 47%.
  • Pre-tax return on operating capital rose to 174%.


5. SALES
SALES (Nos.)2005-062004-05Change
Motorcycles1,912,306 1,449,71032%
2-Wheelers2,029,176 1,602,64627%
3-Wheelers252,054222,05314%
Total 2,281,2301,824,69925%
Exports(out of the above)250,204196,71027%


Motorcycles
  • Motorcycle sales continue to outgrow the industry – 32% growth v/s industry growth of 19%.
  • Market share in Motorcycles improved from 28% in 2004-05 to 31% in 2005-06.
  • During the year a cruiser bike Bajaj Avenger DTS-i and Bajaj Discover 110cc were launched. Bajaj CT 100 was upgraded with ExhausTEC and SNSsuspension while the Pulsar 180 was upgraded in terms of looks.
  • ‘SEGMENT LEADER’ in the performance segment. Bajaj Pulsar twins crossed cumulative landmark sale of ‘ONE MILLION’.
  • ‘SEGMENT LEADER’ in the new 125cc category of the value segment. The Bajaj Discover DTS-i sold over 330,000 vehicles during the year. In the valuesegment the new Bajaj Discover 110cc that was launched in December 2005 sold over 113,000 vehicles. To combat the intense competition in the value segment and to set new style benchmarks, a new bike the ‘BAJAJ PLATINA’ was launched in April 2006.
  • ‘SEGMENT LEADER’ in the price segment. Bajaj CT 100 sold over‘ONE MILLION’ vehicles in the current year.
3. Two wheelers : skipped!

Exports
  • Exports in volumes and value are tabulated in the table given below:

2005-062004-05Change
Total 2-Wheelers174,907130,94534%
Total 3-Wheelers75,29765,76514%
Grand Total250,204196,71027%
Value Rs in million8,9906,94929%

  • Bajaj Auto continues to be the ‘NUMBER ONE’ exporter of 2&3-wheelers.
  • Over 100,000, 2&3-wheelers sold in Sri Lanka. Market leader in Central America accounting for over 50% of motorcycles sold.
  • Joint Venture Company with majority equity holding to be set-up in Indonesia in Q2/ 2006-07.
  • Assembly operations by Distributor in Nigeria established. Significant volumes expected in the coming years considering the one million per annum motorcyclemarket in Nigeria.
  • Sales of Bajaj motorcycles in Iran expected to commence from July 2006.
6. NON-OPERATING INCOME: Skipped!

7. ASSOCIATES, SUBSIDIARIES & JOINT VENTURES: Skipped!

Sanjiv Bajaj
Executive Director
19th May 2006

Annexure to Press release dated 19th May 2006. Click here

Jan 14, 2008

Auto Expo 2008: Bajaj-KTM

KTM 2008 RC8
Perhaps the most interesting meeting at the Auto Expo was this. No, I've no interest in the Tata Nano. I'll say only this, everyone who moves from a motorcycle to the Nano does me a favour (one day, I'll explain that... remind me). Bajaj, as you know already own 20.5 per cent of KTM, and the plan is to move this up to just past 25 per cent, which will make the Indian company the second largest stake holder in the Austrian bike major. KTM is currently the second largest motorcycle maker in Europe, and its core competence has been off-road bikes. However, they began to seriously work the roadbike arena a few years ago, and I must say the progress and success are admirable. KTM also started making quads (ATVs) and also make one car (the CrossBow). KTM also own WP, the suspension company that almost always supplies KTMs. So, what do they have for us? Well, come June, Pro-Biking showrooms will wear Bajaj's blue, Kawasaki's green as well as KTM orange. I loved seeing the KTM Ready to Race adverts on Delhi bus stops. Yamaha aside, this is the bike maker I root for.

KTM 2008 RC8KTM 2008 RC8KTM will launch the Duke 690 and the RC8 in June in India. The 690 will be homologated and assembled here, while the RC8 will not require homologation since it displaced 1200cc. There seems to be no word on whether the RC8 is assembled or CBU'd. If it is the former, expect the R1 competitor to be a fair bit lower in price tag terms. Something that will force the Japanese to also start assembling their big bikes here.

KTM 2008 Duke 690The Duke 690 has a 652cc single cylinder engine making 65 bhp. Which means displacement similar to the F650, but will a big step up in power terms. Being a KTM, expect typically aggressive power delivery, a super-crisp throttle response and total, utter reliability. The big single will play on its torque, actually, rather than power. Peak power is a hefty 67 NM delivered at a middling 5500 rpm. This the European spec, and I don't expect it to change for India by a big margin. Underseat exhaust, upside down forks, trellis frame, Supermoto (690SM) derived WP suspension and all are present. Expect the 690 Duke to be a storming motorcycle that will make a lot of owners very happy. The whole shebang weighs 149 kgs without fuel (but all fluids), which is 6 kgs or so more than the average Indian 150 WITHOUT any fluids in them. What would the cost be? Let me speculate and say, $9500 converts roughly to Rs 4 lakh, plus duties and taxes, hmm.. Rs 6-6.5 lakh.

KTM 2008 Duke 690KTM 2008 RC8The RC8, of course, is KTM's new flagship, which has only just been released. The engine is a 1190cc V-twin making 155 bhp, which is plenty powerful. No one's ridden it yet – but it's a KTM, expect jaw-dropping reviews and ability. No price yet, but again, it should be in the normal superbike price bracket. If the price is in the $12,000 range (normal litre-bike price), then the Indian price could be between Rs 12 lakh (CBU) and Rs 9 lakh (CKD).

The side benefit of this tie-up is that Bajaj, suddenly have a huge source of tech know how that they can tap into. Expect WP suspension, or inspired by WP suspension in next gen bikes and so forth. KTM and Bajaj are also working on a joint set of platforms, starting with a 125-180cc single-based motorcycles as well as a 250-400cc single-based platform. The idea is to create KTM-branded, entry-level machines that the Austrians can use to tap the 125cc motorcycle market (getting huge because of congestion charges in European cities and the ability of car drivers to ride 125cc motorcycle without additional licencing requirements). These platforms should bear fruit in 2010, when they will get launched in India. And be built for export as well.

Finally, Rajiv Bajaj explained why the sportsbike was on everyone's radar as opposed to other formats. His response was simple. The sportsbike is the purest performance motorcycle. In India's case, it's the correct motorcycle to establish what is possible. Once that is done, other formats will follow.

Here's the press release

Bajaj Auto to launch KTM Bikes in 2008

Bikes to be retailed through exclusive Pro-biking Showrooms

KTM bikes for Indian market to be selected from those displayed at the Auto-Expo 2008

New Delhi, January 10, 2008:

Bajaj today presented a range of KTM bikes at its stall in the Auto-Expo 2008 some of which will be progressively introduced in the Indian Market. These models will be retailed through Bajaj’s Probiking showrooms in key markets across the country.

The vehicles that are being considered for the domestic market were on display at the Bajaj Presentation in Hall no 3 at the Auto-Expo in N. Delhi. These were the rally tested 690 Supermoto, the superior street bike the 690 Duke, the powerful 990 Adventure, the light and agile 250 EXC-F and the ultra-precise performer the 990 Superduke.

Bajaj Auto also announced the increase in its stake in “KTM Power Sports AG”, Europe’s second largest sport motorcycle manufacturer to 20.89 %. Earlier Bajaj had taken a 14.5 % stake in KTM through its 100% Netherlands subsidiary-Bajaj Auto International Holdings BV with Rajiv Bajaj, MD, Bajaj Auto Ltd. being inducted on the board of KTM. Bajaj has funded the current stake increase from its internal accruals. The co-operation agreement with KTM covers product development, technology, vendor sourcing and distribution.

Commenting on the occasion, Mr. Stefan Pierer, CEO, KTM said,” We see this as a long-term partnership with Bajaj Auto & we are very positive about it. This cooperation with Bajaj Auto is a great opportunity to strengthen the KTM Group in its sustained growth strategy in a global environment.”

Mr.Rajiv Bajaj, MD, Bajaj Auto Ltd., added” This partnership is also another step in our globalization strategy. KTM’s sharp brand positioning, differentiated designs, and hyper performance have inspired us to increase our stake in this participation. We are delighted with this opportunity to co-develop a range of products for both KTM and Bajaj brands and also excited by the prospect of introducing KTM products to India and South East Asia, as also to access the European market via KTM”

The alliance with KTM covers joint development of street bikes for both Indian & overseas markets. The partnership will also jointly develop a high-performance, water-cooled engine platform for 125 and 250 cc bikes. Bajaj Auto will also take up distribution of KTM products in South Asia.

Through this cooperation with Bajaj, KTM would extend its product portfolio for the future with a 125-ccm street product line, in addition to the present 1190-ccm, 990-ccm and 690-ccm platforms developed and manufactured in Austria.


About KTM Power Sports AG

KTM Power Sports AG is a worldwide leading manufacturer of power sports vehicles. With Products – in Motocross, Supermoto, Enduro classes and with On road bike products like Super Duke KTM is a strong brand in Europe and The United States. KTM has won more than 136 World Championship titles and seven times the Rallye Paris-Dakar. The operationcore company, KTM-Sportmotorcycle AG, develops and manufactures competition off-road and street motorcycles. KTM-Sportcar AG builds the light-weight sports car X-Bow, KTM’s first step into the automotive field.

With more than 1,930 employees, the KTM Group earned revenue of Euro 566.1 Mio. (INR 32 Billion) in fiscal year 2006/07. Over 23 sales subsidiaries distribute KTM products to their 1,400 independent KTM dealerships worldwide.

KTM is a Vienna Stock Exchange listed Company with market capitalisation of Euro 390 million (INR 22 Billion). KTM is a Group Company of Cross Industries AG, indirectly owned by & managed by Messrs Stefan Pierer and Rudolf Knunz. The Cross-group’s other businesses include racing motorsports systems, composites, etc

Further information about the KTM Group is to be found here
All images: H Mitterbauer/KTM Sportmotorcycles AG


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Apr 24, 2007

Bajaj Discover 135: Some details

Bajaj Discover 135That's the current image at the Bajaj Discover site home page. I am told that Bajaj has already shoved the Discover 135 into showrooms, but this has been a low key affair, on the lines of what is called a soft launch. I am still waiting for more details but here's what I've dug up so far.

The motorcycle has had its valves redone, bore and stroke changed and now displaces 135cc. That brings the power up to 13 PS (Bajaj directly converts PS to bhp, so that's 13 bhp). Since the bike is only marginally (if at all; this is unconfirmed) heavier than the 125, it should prove very peppy. The bike is also making a lot more torque so it should prove to be a fun ride. From the pic, I think there is no disc on the front wheel, but I know for sure that there is a tacho.

The marketing perspective is to create a 125 that's more than a 125, so to speak. The Disco 135 will be priced close to the 125s but at a slight premium. The Disco 135 is also supposed to return phenomenal economy (which means at least at par with the 125s). More as soon as I get some...

Aug 10, 2007

Updated | Bajaj DTS-Si: My take

What is swirl?
Swirl, in the sense of combustion, is an effect that is usually engineered to act on the air-fuel mixture as it enters the combustion chamber. By a variety of means, the mixture is made to 'rotate' around the spark plug inside the chamber. Swirl is considered to be a good thing because it leads to turbulence.

What is turbulence?
Swirl is a pretty smooth looking thing (when you see false-colour velocity plots, that is), but like all things smooth, it does not last. As the piston comes up during the compression stroke, it breaks the swirl, officially called decay. When swirl decays, you get a random motion of the mixture called turbulence. Turbulence is good because it removes the opportunity for the air fuel mixture to separate and produce inefficient and variable (across cycles) combustion. Turbulence, and the great mixing of the air and fuel droplets also leads of fast burning, clean burning, and hence efficient flames. In essence, turbulence leads to cleaner, more complete combustion. In the context of engines, turbulence is a great asset at lower revs. Making the mixture swirl takes time, and reduces the amount of mixture you can pump into the chamber. So when revs come up, engine builders prefer smoother flows and higher volumes. In essence, if you wanted a superb high-rev punch in the motor, you'd be working towards greater flow rather than turbulence.

That's a comparison between the torque curves of the Platina and the well, Exceed (DTS-Si). See the massive extra torque available at low revs? That's the swirl effect, so to speak
That's a comparison between the power curves of the Platina and the well, Exceed (DTS-Si). See the extra power available at all revs? No replacement for displacement.
This curve was plotted by mounting the motor on a dyno and turning it over using a measurable force. The lower the force required, the less effort is needed to turn the engine over, meaning that friction losses are lower. The DTS-Si, as you can see, has a much lower curve.

What has Bajaj done?
Bajaj calls their new engine platform DTS-Si. DTS you know, Si is Swirl Induction. The company says DTSi, the Pulsar/Discover technology is evolving. The performance end of the evolution is DTS-Fi, which has debuted on the 220. The efficiency/economy end of that evolution will be held up by the DTS-Si engine.

Now stay with me. The old DTSi engine was simple. If you looked at the piston from the top down and marked the placement of the intake and exhaust valves and the two spark plugs, you would, more or less, get two lines perpendicular to each other. Think high flow, large bore, two quick burning flames. The DTS-Si offsets the valves and plugs. Instead of the two perpendicular lines, the valves and plugs 'alternate' in the four quadrants that the lines have dissected the circle into. The intake charge, therefore, enters the chamber, bounces off the bore wall and yes, swirls around.

Audi direct injection engine, FSI, uses an evolution of this. They inject the fuel directly into the chamber and the intake valve only lets in air. As the air swirls around the chamber, fuel is injected at the right time. At part loads (which is the majority of the time), the air is 'separated' into two layers. The layer around the spark plug is loaded with fuel and the outer layer is effectively 'dry.' When the plug fires, the outer air insulates the burning mixture reducing heat losses to the cylinder walls and reduces some of the overlap losses that happen from mixture escaping into the exhaust manifold while both the valves overlap.

That's the swirl part. Displacing 125cc, the motor is new from the ground up. Bajaj has made it really light (the 125cc motor is 1.5 kg lighter than the 100cc Platina engine and some 6 kg lighter than the 125cc Discover's) and use a number of ideas to reduce friction too. Think light, slippery motor. The motor's no economy-weenie either. While Bajaj do claim a substantial 9.5 bhp (that's more than all the 100cc bikes it will compete with and above or equal to most 125s as well), it also returns 109 kpl under standard test, which is 1 kpl more than the Platina. And Bajaj claim just over 1 kgm as the peak torque at 5,000 rpm which is impressive, especially when you see how far over the Platina torque curve this is, and how much the difference is.


This is a model of regular single-spark combustion


This is a model of DTS-Si combustion

What's the bike like?
The motorcycle will be called Exceed, although the exact spelling has yet to be announced. Xceed? EkSeed? I don't know. Like the engine, the bike will be sleek and light. Bajaj say that the low-end torque (14 kph is possible in top gear, it is said) makes the rideability stunning and all of those riders who like snicking into top gear early are going to be floored by the torque spread. Oh and this is not the Sonic.

This graph shows the evolution of the market share of 125+150cc segment and whatever's below that. Also, right at the bottom are the growth figures for April to July 2007, all together, 100cc and 125-150cc.
What's this mean to you?
When Bajaj said they wanted out of the 100cc game, they meant that they wanted the 100cc customer to have a more juicy alternative. 2 bhp more, more economy and similar price, in my book is juicy. Remains to be seen how more zing the styling will bring. The Exceed will be all new and probably be launched in September, first week would be my guess.

Bajaj say that while they sell 50,000 units of the Platina every month, the product basically breaks even and adds little or nothing to net revenue. Bajaj currently have nothing in what you call the top of the entry-level or bottom of the executive commuter segment and that's a crucial, crucial hole the Exceed will plug. The motorcycle will cost Bajaj roughly the same as the Platina to make, but will sell for approximately Rs 40,000 ex-showroom, which will mean the 6,500 extra bucks are pure profit and some taxes. Bajaj say that Discover 112 sales are pretty low, so any cannibalisation would be more or less ignored. Any upgrades from the Platina, obviously, will be welcome. The Exceed, if it proves popular and takes up substantial Platina sales, could replace the Platina.


Why is this bike significant?
Once more, Bajaj is taking the competition on by moving the playground. If all the claims come good, then once more, Bajaj will gained a couple of bike lengths by cleverly using technology. Swirl is not a new idea. But using it to produce a motorcycle that is defined by its economy is something no other Indian manufacturer has done. If the Exceed is successful, Bajaj will become less sensitive to the fickle entry level market. When sales cross 30,000 units, Bajaj say that the Exceed will also significantly boost market share. As Bajaj say, they are number two despite leading both the 125 and 150 segments (50 per cent market share across the segments!), and this is bike that they hope will fix the rest of the imbalance.

Related posts

Apr 26, 2007

Discover 135 DTSi: Specs

Bajaj Discover 135Bajaj Discover 135 DTSi

ENGINE
Displacement: 134.2 cc, DTSi
Maximum Power: 13.1 bhp@8500 rpm
Maximum Torque: 1.21 Kg-m@6500 rpm
Bore x Stroke: 58 x 50.8
Compression Ratio: 9.5 : 1
Carburettor: Keihin FIE NCV24
Starting: Kick and Electric Start
Ignition: Digital C.D.I with Load Sensing
Ignition timing: Variable Ignition Maps

CHASSIS
Type: Double cradle
Brakes: 260mm240mm Hydraulic Disc/130mm Drum
Tyres: 2.75 X 17” Tubeless/100x90 X 17” Tubeless

SPEEDO CONSOLE:
Analogue Speedometer & Tachometer with Fuel gauge

FUEL TANK
Capacity: 10 litres
Reserve: 2.3 litres, Fuel level indication by Fuel gauge
Useable reserve: 1.5 litres

DIMENSIONS
Length: 2030 mm
Width: 760mm
Height: 1065mm
Wheelbase: 1305mm
Ground clearance: 179mm

WEIGHTS
Kerb weight: 133 kg
Max. payload: 130kg

PRICE
Rs 48,500 (ex-Pune)

Did you notice the tubeless tyres? I wasn't expecting those to be hiding in there... At this rate, they'll probably launch a P150 with radial tubeless tyres and then hide it in the specs... That's a great move. Tubeless tyres going down the value chain is a great, great sign. Of course, the D135 will probably have a lower sales volume than the 125, and will become the premium model offering in the 125 segment. Sort of like the TVS 160 in the 150 segment...

Other D135 post:Bajaj Discover 135: Some details

Sep 3, 2007

It gets serious: Bajaj's IP issue release

Bajaj Pulsar DTS-Fi 220cc due DiwaliIt gets serious. This is Bajaj's press release on the patent violation issue.


PRESS RELEASE

Bajaj would like to clarify the following in the context of its concerns over possible infringement of its DTS-i technology –
  1. Bajaj believes that the use of twin spark technology, christened Bajaj DTS-i (Digital Twin Spark – Ignition), in small automotive engines is worthy of intellectual protection.

  2. It had thus applied for the same for the Indian market on July 16, 2002 and was granted approval via patent number 195904 on July 7, 2005. If there exists any application for revocation of this patent, details of the same are not known to Bajaj.

    Similarly, it is also expecting approval of its international patent applications in various foreign countries subsequent to its application PCT/IN03/000348 dated October 30, 2003.

  3. By virtue of the presence of DTS-i technology, Bajaj motorcycles including the Discover, Pulsar, and Avenger, have made Bajaj the leader not just in the premium (125 cc – 250 cc) motorcycle segment in India, but also in exports.

  4. Given this success, various global manufacturers have in recent years attempted to imitate and thus infringe upon Bajaj technology/products, and Bajaj has and will continue to thwart them.

    Most recently Chinese manufacturer Taian Chiran Machinery Co ltd. and its Sri Lankan distributor were instructed by the honourable High court of Western Province, Sri Lanka to withdraw their copy of the Bajaj Pulsar with DTS-i technology from the market.

  5. Bajaj has been anxious that failing domestic manufacturers may in an act of desperation adopt similar dubious methods in India.

  6. Bajaj is preparing to defend its intellectual property in the event that such a product is eventually introduced. At that time, if evaluation of the actual product appears to suggest reasonable grounds for infringement, Bajaj will take all necessary steps to safeguard its interests as also to inflict the maximum permissible damage upon the offender so as to set an effective precedent for the future.

  7. Bajaj accords the highest importance to its IP portfolio and will defend the same. Bajaj cautions against any attempt to infringe.

Sep 13, 2007

Bajaj XCD 125 versus TVS Flame: Clarifications

Bajaj XCD 125
I think some clarifications are needed. I've been monitoring this thread at yahoo/bajajpulsar and from whatever I've read, not everyone is clear about the XCD and Bajaj's intent behind the bike. So I thought I'd post some clarifications.
  1. DTSi was supposed to boost power and mileage. Now you have S also, so where is the extra power?

    The S(wirl) is designed to promote the speed and efficiency of combustion (as in speed up and clean up events inside the combustion chamber) at part throttle loads. That means, the DTS-Si motor is burning best at less than full throttle riding, when the engine is not heavily loaded. Why is this crucial, because the average entry-level rider (actually, this probably applies to almost everyone) does not spend any significant time at full throttle. So, the S is designed to boost efficiency and not power, which is why Bajaj says 109 kpl from a 125cc engine is pretty significant. Why 109 kpl? That's 1 kpl more than the Platina's standard-test claim, and I think, that's the exact message going out – more than Platina.

    Extra power? Who said anything about extra power? Bajaj clarified during their press conferences that the S' benefits lay in torque and efficiency, while the F (Fi) was where the tuning for more power would be done. Also, if you look at the specs, the engine's pretty much a square configuration (bore and stroke are nearly identical). Given that almost all of Bajaj's other engines are oversquare by varying degrees, that's another sign that Bajaj never inteded for the XCD DTS-Si to be a really high-power machine. As you may have noticed from the DTS-Si launch curves (they're XCD curves), the bike has a massive, massive torque advantage over the Platina, and a still considerable, but not quite so towering advantage over almost all the 125s at lower revs. I'm not just talking the peak torque here, I'm talking the of the torque at 1500-2500 rpm kind of the low-down torque. In fact, the only motorcycles I can think of which sport similar torque curves are the Suzuki Heat and Zeus, which have torque peaks at an unlikely 4,000-odd rpm.

  2. BAL is claiming performance comparable with other 125s...
    To some extent, that is imaginable. The Super Splendor class of 125s make 9.5 bhp, which is exactly what the XCD makes. So, will it outperform the Disco or the Gladiator?

    No, and that isn't the point. Bajaj's point simply, is that despite the high efficiency, the XCD still has the guts to clean out clocks in the 125cc segment – not the intention, really but a definite possiblity. On the other hand, the XCD's real enemies are the Splendor-class machines (which are priced almost exactly the same) and lower bikes (Platina, CD-Whatever etc). Among this lot, its faster, quicker, more frugal, and more feature loaded by a fair margin. Those who scoff at the claims that the Exceed sorry, XCD, has 150cc class features, it isn't an empty claim. The XCD does have the goodies, right? Like the digital speedo, LED lights etc. Also, I think a standard electric start is a first in the entry-level segment, in the sense that there is no kick start only variant.

  3. TVS Flame 125 image from tvsflame.comComparisons with the Flame
    The TVS Flame 125 is a sticky topic that keeps running around and around. Before I bring the XCD into this, lets get a few things very clear. The TVS Flame 125 is without a price at the moment, and has not been launched. TVs is likely to miss the festive season burst and will probably launch it after Diwali. The TVS Flame claims 10.5 bhp, peaking at 8,250 rpm and 0.98 kgm at 6,250 rpm. The TVS Flame weighs 121 kg (kerb).

    All right. First, TVS clearly announced that the Flame will compete in the 125cc segment. And Bajaj clearly announced that the XCD would compete with the entry-level bikes, and any cannibalisation from the 125cc segment (or conversion of rivals, for that matter) would be welcome. That means, the Flame will directly compete with the Shine, Zeus, Gladiator, Super Splendor, Glamour, Discover pantheon. But not with the XCD. On the other hand, the XCD may draw some sales from this lot also. However, the markets never work that clearly, right? So yes, I expect that there will some spill over in both directions.

    So, how will the performance compare? The XCD makes 1 bhp less, and the power peaks one thousand rpm earlier. On the other hand, the Bajaj makes 0.2 kgm more, 1250 rpm earlier. In riding terms, this should mean that the Bajaj will have the advantage in acceleration for a short while before the Flame kicks in properly and takes off. On the other hand, the XCD also happens to be 9 kg lighter, which isn't a difference you can laugh off. That kind of a weight difference should mean that the XCD will keep up longer with the Flame than the curves would suggest. Of course, this is all pure speculation, since I've only actually ridden the XCD. In practice, on the open road, the XCD will feel out of breath at higher speed cruising, while the Flame will feel fine. In the depths of traffic, this could be reversed. Again, the gearing will play its part, and this is purely speculative guesswork.

    Be that as it may, in this light, the price difference between the XCD and the Flame might actually work to the Bajaj's advantage. The XCD is priced at Rs 41,000 ex-showroom and the Flame should come at about Rs 45,000 ex-showroom, if it is to remain in the segment ballpark. On the other hand, while the XCD merely looks fresh, sharp-ish and all right, but the Flame does look very, very neat... Yes, this is going to be a close-run thing.
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Apr 13, 2006

Bajaj Platina launched

Hi, all. This is the full text of the Bajaj Platina's release press release. The motorcycle is destined to fill the gap between the entry-level motorcycle CT100 and the 125cc commuter, Discover. Here goes:

Bajaj Platina, white backgroundAll New Motorcycle redefines benchmarks
in the 100cc segment


Mumbai, 8th April 2006: Bajaj Auto Ltd, India's premier two-&-three-wheeler automobile company today introduced the "Platina" which is all set to redefine current benchmarks in the highly competitive 100cc motorcycle market.

At first glance, the most striking thing about the new Platina is its unique styling. The new Platina in gleaming Platinum silver colour comes with sleek chrome graphics, chrome streaked blade design side panels, matt finish black silencer with chrome heat shields to turn heads around. The Alloy wheels, the annular chrome rings housed in a sporty console with the graphite-tint engine and transmission complete the stylish package. The MFR lens and clear lens blinkers further makes the world glow. This is certainly an exclusive package that overshadows other options.

The Platina further has the best of technologies to ensure superior comfort and performance. The motorcycle comes with the unique SNS suspension and ExhausTEC engine, to deliver class leading 8.2 bhp power and extraordinary mileage of 108 kmpl (under standard test conditions).

Speaking on the occasion, Mr. S Sridhar, VP Marketing (Two Wheelers), Bajaj Auto Ltd said, "The launch of Platina will redefine current standards & will further strengthen Bajaj Auto's presence in the large 100-110cc segment. Our R&D team has ensured that Platina will delight our customers with superb style, excellent performance and exceptional mileage. This bike has the potential to redefine the consumer expectations and segment volumes for the company. This new launch will certainly help us to continue to outpace industry growth in 2006-07 "

The base version of the Platina is priced at Rs 34,000/- while the hi-end version with alloy wheels is available for Rs.36,000/- (both ex-showroom Delhi). This package of style, performance and value offers a unique combination to the 100 cc motorcycle customers.

Bajaj Auto is by far the market leader in 150cc+ 'Performance' segment of motorcycles with 61% Q4 market share contributed by the Pulsar DTS-i twins and Avenger DTS-i. The Discover DTS-i also leads the 125 cc segment with 45% market share in Q4 2005-06. The Platina joins the highly successful Discover and CT 100 in the 100-110cc class to aim for a dominant share in this segment as well. end

The press release did not have the full specs, so here they are:

Bajaj Platina

ENGINE
Type : 4 stroke, Air cooled, SOHC, Single cylinder, four-stroke
Displacement: 99.27 cc
Maximum Power: 8.2 bhp*/Ps (6.03 kW) @7500
Maximum Torque: 8.05 Nm (0.82 Kg-m) @4500
Bore x Stroke: 53 x 45
Compression Ratio: 9.5 : 1
Valve train: SOHC 2 Valves
Valves per cylinder: 2 Valves
Power to weight ratio: 73.21 bhp/tonne
Starting: Kick Start

CHASSIS
Type: Single down tube with cradle

SUSPENSION
Front: Telescopic Forks 125mm Stroke
Rear: 'SNS', 5-way adjustable, Hydraulic Shock
Absorbers, travel 100mm
Castor angle: 27 degrees

BRAKES
Front: 110mm/130mm Drum (Alloy wheel version)
Rear: 110mm/130mm Drum (Alloy wheel version)

WHEELS
Tyre size (Front): 2.75 X 17"
Tyre size (Rear): 3.00 X 17"

DIMENSIONS
Length: 1994 mm
Width: 751mm
Height: 1086mm
Wheelbase: 1277mm
Saddle height: 805 mm
Kerb weight: 112kg

WARRANTY
2 year/30,000 km with optional extendable warranty of 1 or 2 years

PRICE
Ex-showroom Pune: Rs 34 & 36,000 (spoke/drum and alloy/disc variants)