Bajaj Tempo registers overall sales growth of 23%

Monday, 02 September 2002, 07:00 Hrs   |    11 Comments
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NEW DELHI: One of India's leading automobile manufacturers Bajaj Tempo has achieved a remarkable overall growth in sales of 23 percent across its product range during April-August of the current financial year 2002-03, over the corresponding period last FY.

The company has witnessed a significant increase in sales for all its product categories comprising Light commercial vehicles (both small trucks and vans), multi-utility vehicles (passenger and goods), 3 wheelers (passenger and goods carriers) and tractors. The LCV registered an increase in sales of 20 percent. The sale of multi-utility vehicles went up by 4 percent while that of three wheelers increased by 20 percent. In contrast to the slump in the tractor industry the company's new and modern range of tractors recorded a stupendous 111% growth in sales.

Additionally, Bajaj Tempo has achieved yet another major landmark in the current fiscal. The company has crossed the milestone of manufacturing and selling 1,00,000 three wheelers till date. Company sources said that restructuring of the value chains within the organization has started yielding results.

Source: IANS
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