Bajaj Auto looks to sustain domestic biz momentum; recover export volume
Sat, Jun 22, 2024 6:56 PM

Bajaj Auto looks to sustain domestic biz momentum; recover export volume

A Flip by Riya Sharma
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Bajaj Auto's Chairman Niraj Bajaj expects robust demand in the current fiscal, driven by India's 7% real GDP growth. The company aims to sustain momentum in its domestic business, expand production capacity for new businesses, and recover export volumes. With a healthy balance sheet, surplus cash and cash equivalents stand at ₹16,386 crore, after investing ₹800 crore and paying ₹8,900 crore.

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