Bajaj Auto targets sale of 50,000 units of V in 18 months: Report

Bajaj Auto, which is gearing up for the launch of the V commuter motorcycle in India, aims to sell around 50,000 units of the bike in next 18 months. Bajaj V is expected to be launched in mid-March.

Speaking to ET Auto, Bajaj's motorcycle business vice-president of marketing Sumeet Narang said the company is hopeful of selling 50,000 units of the new V in the domestic market in the next 18 months. The V, the bike that has been made using metal from the dismantled INS Vikrant — India's first aircraft carrier — is expected to be priced at Rs 63,160 (ex-showroom Pune).

Unveiled in India Feb.2, the V is powered by a 149.5cc single-cylinder four-stroke air-cooled DTS-i engine, and can churn out maximum power of 11.8bhp at 7,500rpm and 13Nm of torque at 5,500rpm. The bike is available for booking across Bajaj dealerships for a down-payment of Rs 500.

The V, which will be available in two colours — Ebony Black and Pearl White — measures 2,044mm in length, 780mm in width and 1,070mm in height, with a wheelbase of 1,315mm. It comes with a ground clearance of 165mm and kerb weight of 135.5 kg.