Three-wheeler industry grows by 1.7% in first two months

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Bajaj Auto has said that the 3-wheeler industry has grown by 1.7 per cent in first two months of fiscal 2013-14.

R C Maheshwari, President (Commercial Vehicle), Bajaj Auto, said, "(In the first two months of) this fiscal, industry has grown by 1.7 per cent, and Bajaj has grown by 11 per cent over 2012-13."

"In 2012-13, the three-wheeler passenger industry grew by 9 per cent, but Bajaj grew by 14 per cent, compared to fiscal 2011-12," he said.

The company manufactured and sold 4.77 lakh three wheeler passenger vehicles in 2012-13.

Kerala, Andhra Pradesh and Gujarat figure amongst the top three states in sales of passenger three-wheelers.

Read more about: bajaj auto
Story first published: Wednesday, June 26, 2013, 9:21 [IST]
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