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    CNG models expected to boost Bajaj Auto’s two-wheeler market share

    Synopsis

    The introduction of a CNG model aimed at a rapidly expanding market segment is expected to boost the company's domestic motorcycle sales, which accounted for almost 60% of its total motorcycle sales in the last fiscal year.

    Bajaj Auto's newly launched first CNG bike offers a compelling value proposition that may help in sustaining its market share in the 110-125 cc category, one of the fastest-growing in the domestic two-wheeler segment. The Pune-headquartered company launched the world’s first CNG bike on July 5, priced between Rs 95,000 and Rs 1,10,000 across three variants, a 15-20% premium over comparable petrol vehicles with a promise of 50% lower operating
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    The Economic Times