BAJAJ Avenger Street 160 BS VI

Bajaj Auto plans to invest about INR 800 crore in the fiscal year 2024-25. This follows its commitment to invest the same amount in the previous FY 2023-24. In the January-March quarter of 2024, Bajaj Auto saw its combined net profit increase by 18% to INR 2,011 crore compared to the same period last year when it was INR 1,705 crore. The company has stated that it will use a significant portion of the INR 800 crore investment to enhance the capacities of three-wheelers and Chetak electric scooters. Additionally, it plans to introduce new models like the Pulsar, a Chetak-branded vehicle, and a motorcycle running on CNG in the current quarter. However, the company needs help in its exports. What Are The Thoughts Of Dinesh Thapar On 800 Cr. Investment? The Chief Financial Officer of Bajaj Auto, Dinesh Thapar, said, "We will be spending between INR 700-800 crore, primarily to complete the capex on our three wheeler plant and possibly some expansion that we need to do on Chetak as well," "Some of the capex will go into dyes and moulds, given that the innovation and density across the business has stepped up." Furthermore, regarding the CNG motorcycle business, Thapar said, "It is not such a large number; it sits within our capex. And the bulk of our capex that we spend is largely on capabilities and capacities for our electric business."ETAuto previously reported on Bajaj Auto's efforts to increase production capacity and widen its network. In May, they're introducing a new electric scooter under the Chetak brand alongside existing models.In the January-March quarter of 2024, Bajaj Auto saw an 18% increase in net profit to INR 2,011 crore, up from INR 1,705 crore the previous year. Revenue from operations also rose to INR 11,555 crore from INR 8,929 crore in the same quarter last year.The company's CFO noted that strong domestic market performance continued to drive results in Q4 FY24. Furthermore, the Directors proposed a final dividend of INR 80/share, totalling INR 2,233 crore.CNG motorcycleBajaj Auto's Managing Director, Rajiv Bajaj, confirmed that the company is developing motorcycles running on clean fuel like CNG. The first CNG bike is set to hit the market in June and will target consumers who prioritise mileage. It's expected to be priced higher than petrol models.Since the CNG infrastructure in India is growing, but mainly in certain states, Bajaj Auto plans to launch the bike gradually. Initially, it will be available in cities with a dense CNG network.The company has expertise in CNG vehicles, with about three-quarters of its passenger three-wheelers being CNG-powered. For the new motorcycle launch, it has identified districts across India with good CNG availability. As of the end of 2023, the Northern and Western regions, especially Gujarat, Uttar Pradesh, Maharashtra, and the NCR, have better CNG station networks.Triumph BusinessBajaj Auto currently produces around 6,500 Triumph motorcycles every month. It aims to increase this to 10,000 units by September this year. Bajaj partnered globally with the British motorcycle brand Triumph in 2017. Last July, they launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India. These models are made at Bajaj Auto's new manufacturing facility in Chakan. Initially, it could produce 5,000 units per month, later increased to 8,000 units. Moreover, Bajaj started exporting Triumph motorcycles, selling 7,000 units to markets like the UK, US, Japan, Australia, and Poland. ExportsBajaj's export revenues increased by double digits year-over-year (YoY) during the January-March 2024 period. This was due to a better mix of products and improved prices. Although the volume remained mostly unchanged compared to the previous quarter, it was about 20% higher compared to the same period last year. This YoY growth was boosted by a lower base comparison from the previous year.The Chief Financial Officer (CFO) mentioned that a significant portion of the export revenues comes from shipping premium motorcycles to Latin America. This region has a large market for sports motorcycles, contributing to the export revenue mix.Before you go, don’t forget to check out Bajaj’s most affordable Chetak scooter. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_insta                   Twitter - https://bit.ly/BikeJunction_ofl_twitter 

When buying a two-wheeler in India, it is important to check out how much mileage it has to offer. In India, various bikes are available with the best mileage delivery with price ranging from Rs. 59,431 to 1.03 Lakh. These highest mileage bikes in India mostly fall into the commuter segment, offering its users an affordable price and superior mileage.  Let’s know more about the highest mileage bike that you can buy in India:  7 Best Mileage Bikes Under 1 Lakh In India TVS Star City Plus, with 83.09 Kmpl, is the highest mileage bike in India. Meanwhile, TVS Sports is one of the most affordable commuter bike at a price range of Rs. 59,431 to 70,773.  Model Name Price In India Mileage TVS Star City Plus Rs. 77,770 to 96,56083.09 KmplBajaj Platina 100Rs. 65,952 to 67,80875 KmplTVS Sports Rs. 59,431 to 70,77370 KmplHonda CD 110 Dream Rs. 73,42165 KmplTVS Raider 125Rs. 95,219 to 1.03 Lakh67 KmplHero Xtreme 125RRs. 95,000 to 99,500 66 KmplBajaj Pulsar 125Rs. 82,712 to 94,59450 Kmpl TVS Star City Plus | Mileage: 83.09 Kmpl  TVS Star City Plus is an excellent choice for commuters seeking comfort, efficiency, and style. Its price in India starts from Rs. 77,770 and goes up to 96,560. It offers a pleasant riding experience for daily travels with its comfortable seating position and lightweight design. Now, it comes with ETFI technology and an Eco Thrust engine that enhances performance and makes it the highest mileage bike in commuter segment.  The fuel-efficient 109.7 cc single cylinder, air-cooled engine generates 8.08 bhp @ 7350 rpm and 8.7 Nm @ 4500 rpm torque. Additionally, It is considered as the highest mileage bike in India due to its impressive mileage of 83.09 Kmpl. Its high mileage offers riders a driving range of 680 Km on a full tank, making refuelling lesser. Here’s all you need to know about TVS Star City Plus:  Aspects TVS Star City Plus Specifications Displacement 109.7ccFuel Tank Capacity 10 Litres Top Speed 90 Kmph Gearbox 4 Speed Manual Brakes Front: 130mm Disc  Rear: 110mm Drum Suspension Front: Telescopic (Oil damped) Rear: 5 Step Adjustable Hydraulic Shock Absorber Bajaj Platina 100 | Mileage: 75 Kmpl  The Platina 100 ensures a smooth ride even on rough roads. In India, you can own a Bajaj Platina 100 for between Rs. 65,952 and 67,808. It features LED DRLs and new rear-view mirrors, which add to its stylish appeal. This motorcycle has a powerful 102 cc 4-stroke, Single-Cylinder engine.  Its engine delivers 7.77 bhp @ 7,500 rpm and 8.3 Nm @ 5500 rpm torque. Moreover, the DTS-i engine offers 75 kmpl mileage and a driving range of 825 km. The Platina 100 is economical and the second highest mileage bike on this list. Additional features like a soft seat cushion, rubber footpads, and directional tyres enhance comfort levels. This best mileage bike also has a black-painted frame, exhaust, and grab rails, along with a silver-finished engine crankcase and wheels. The convenience of the electric-start mechanism further enhances the riding experience.  Below are the key specifications of Bajaj Platina 100.  Aspects Bajaj Platina 100 Specifications Displacement 102ccFuel Tank Capacity 11 Litres Top Speed 90 Kmph Gearbox 4 Speed Manual Brakes Front: 130mm Drum  Rear: 110mm Drum Suspension Front: 135 mm, Hydraulic, Telescopic Rear: 110 mm, Spring in Spring Suspension TVS Sport | Mileage: 70 Kmpl  TVS Sport is a sportier variant of the Star City Plus offers a fuel efficiency of 70 Kmpl. Moreover, its price starts from Rs. 59,431 to 70,773. This bike is TVS’s highest mileage bike in India. It is available in two variants and five color options, including Volcano Red, Mercury Grey, Black with Red and more. This TVS bike is powered by a 109.7cc single-cylinder, fuel-injected, air-cooled spark ignition engine. It delivers a maximum power of 8.18 bhp @ 7350 rpm and a torque of 8.7 Nm @ 4500 rpm. It is the highest mileage bike in India and offers a range of 680 km, ensuring economical and convenient rides. The TVS Sport comes with useful features like a combined braking system, a switch for passing other vehicles, and an adjustable suspension. The newer BS6 version it also has LED DRLs in the front headlamp, making it easier for others to see you on the road. Below are the specifications of TVS Sports bike:  Aspects TVS Sports Specifications Displacement 109.7ccFuel Tank Capacity 10 LitresTop Speed 90 Kmph Gearbox 4 Speed Constant Mesh Brakes Front: 130mm Drum  Rear: 110mm DrumSuspension Front: Telescopic oil damped Rear: 5 Step adjustable Hydraulic Shock Absorber Honda CD 110 Dream | Mileage: 65 Kmpl  Honda CD 110 Dream, priced at Rs. 73,421, is an entry-level bike that is suitable for regular commuting. It doesn't have fancy features, but it does have a good eSP technology engine that gives you decent power and saves fuel. This Honda best mileage bike also has useful features like a pass switch, engine start/stop button and a sealed chain for less maintenance. You'll notice some graphics on the fuel tank and side panels.  This bike is a top mileage bike manufactured by Honda. It can go about 65 kmpl, which means you can ride it for about 591 km before needing to refuel. It has a 110cc 4 strokes, SI, BS-VI technology engine that produces 8.67 bhp @ 7500 rpm and 9.30 Nm of torque @ 5500 rpm.  Here are the key specifications of Honda CD 110 Dream:  Aspects Honda CD 110 Dream Specifications Displacement 110ccFuel Tank Capacity 9 Litres Top Speed 86 Kmph Gearbox 4 Speed Manual Brakes Front: 130mm Drum Rear: 130mm Drum Suspension Front: Telescopic Rear: Hydraulic Type TVS Raider 125 | Mileage: 67 Kmpl  TVS Raider is a sporty-looking motorcycle that stands out as the most stylish and highest mileage bike in its segment. Its price range is Rs. 95,219 to 1.03 Lakh in India. This TVS bike comes in four colors, including Fiery Yellow, Striking Red, Blazing Blue, and Wicked Black. There's also a special TVS Raider Super Squad Edition with Marvel-inspired themes like Black Panther and Iron Man.  The TVS Raider 125 has a 124.8cc single-cylinder engine, delivering 11.2bhp @ 7,500rpm and 11.2Nm of torque @ 6,000rpm. Now, it features a TFT display and Bluetooth connectivity, setting it apart in the segment. The brand basically manufactures best mileage bikes but also offers alternative fuel options to its users. TVS has recently showcased the flex-fuel version of Raider 125 at the Bharat Mobility Expo 2024. Here’s all you need to know about the TVS Raider 125:  Aspects TVS Raider 125 Specifications Displacement 124.8ccFuel Tank Capacity 10 Litres Top Speed 99 Kmph Gearbox 5 Speed Manual Brakes Front: 240mm Drum  Rear: 130mm Drum Suspension Front: Telescopic Rear: Monoshock, 5 step adj, Gas charged Hero Xtreme 125R | Mileage: 66 Kmpl  Hero MotoCorp has introduced another model in the competitive 125cc segment at an affordable price range of Rs. 95,000 to 99,500. This category focuses on providing stylish looks, more features, and better performance. The Hero Xtreme 125R comes with a 124.7cc engine, air-cooled, 4-stroke engine. This engine delivers a power of 11.4 bhp @ 8250 rpm and a torque of 10.5 Nm @ 6000 rpm. The Hero Xtreme 125R is a top mileage bike manufactured by Hero. It offers a mileage of 66 kmpl and can cover over 660 km on a single refill. This makes it a reliable choice for commuters looking for both style and efficiency in their rides.  Below are the key specifications of Hero Xtreme 125R:  Aspects Hero Xtreme 125R Specifications Displacement 124.7ccFuel Tank Capacity 10 Litres Top Speed 95 KmphGearbox 5 Speed Manual Brakes Front: 240mm Disc  Rear: 276mm Drum Suspension Front: 37mm, Conventional Fork Rear: Hydraulic Shock Absorbers Bajaj Pulsar 125 | Mileage: 50 Kmpl  The Bajaj Pulsar 125 is the most budget-friendly option in the Pulsar lineup at Rs. 82,712 to 94,594. It offers a sporty feel and impressive performance, making it a popular choice. This bike is powered by a 124.4cc engine that generates 11.64 bhp and 10.8 Nm torque.  With a mileage of 50 kmpl, it provides a range of 575 km. This makes it one of the best mileage bike from the company. Recently, Bajaj introduced the Carbon Fibre edition with single-seat and split-seat options. It showcases a sporty design with 3D logos, neon highlights, and black alloy wheels.  Here’s the key specifications of the Bajaj Pulsar 125:  Aspects Bajaj Pulsar 125 Specifications Displacement 124.4ccFuel Tank Capacity 11 Litres Top Speed 100 Kmph Gearbox 5 Speed Manual Brakes Front: 240mm Disc  Rear: 130mm Drum Suspension Front: Telescopic Rear: Twin Gas Shock The Ending Thoughts  These best mileage bikes under 1 lakh offer impressive fuel efficiency without compromising performance or style. The Star City Plus stands out as the highest mileage bike, followed closely by other contenders like the Bajaj Platina 100 and TVS Sports.  These bikes ensure a cost-effective and enjoyable riding experience for commuters. These options are worth considering if you are looking for a highest mileage bike in India under your budget.  FAQS Q1. How is mileage useful For A bike? Mileage tells you how far your bike can go on a gallon of gas. Better mileage means less frequent refueling and more fuel savings. Q2. Which bike has highest mileage?The TVS Star City Plus is the bike with the highest mileage of 83.09 kmpl.  Q3. Which best mileage bike in India is most affordable? TVS Sports, with a price range of Rs. 59,431 to 70,773, is the most affordable bike.  Q4. Which sport bike has highest mileage? TVS Sport is the Sportier version of Star City Plus and offers the Highest mileage of 70 Kmpl.  Q5. Which is the best mileage bike under 1 lakh? TVS Raider with 67 Kmpl mileage and advanced features is the best mileage bike in India at a starting price of Rs. 95,219.  Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_insta                   Twitter - https://bit.ly/BikeJunction_ofl_twitter 

Bajaj's executive director, Rakesh Sharma, revealed that they are manufacturing a much more affordable Bajaj Chetak electric scooter. Currently, Bajaj Chetak has two variants in its portfolio, including Urbane priced at Rs 1.23 lakh and the Premium version at Rs 1.43 lakh. But this upcoming Bajaj Chetak Scooter is expected to launch by May 2024 at just Rs. 1 Lakh. Ather recently launched the Rizta scooter at an affordable starting price of Rs. 97,546. Moreover, Ola has also reduced the S1X price to Rs. 69,999. Now, Bajaj aims for a similar move by manufacturing an affordable version of Bajaj Chetak Scooter. Rakesh Sharma unveiled the entry-level Chetak, which might have a hub motor and smaller battery to cut costs.Let us know more about this affordable Bajaj Chetak Scooter: What Is Spotted While The Spied Testing Of Affordable Bajaj Chetak Scooter?  The prototype of this upcoming Bajaj Chetak scooter was spotted a few months ago. During testing, the model was seen with the same body parts as existing models. It looks similar to current Chetak scooters. However, some features might have been removed to reduce costs. Bajaj Auto might switch to plastic bodywork from metal, but this could be expensive. Hub motors, though typically less powerful, can still offer decent performance. Since the current Chetak already has a lower top speed compared to rivals, the cheaper variant's performance might stay similar.Impact OF EMP Scheme   The recent rise in electric scooter prices, due to the end of the FAME subsidy and the temporary EMPS incentive until July, has made a more affordable Bajaj Chetak necessary. This move helps Bajaj Auto stay competitive against rivals like TVS iQube, Ola S1 X, and Ather Rizta. Bajaj has been expanding its presence, with the Chetak available in 164 cities via 200   experience centres. A lower starting price will likely attract more customers to Bajaj showrooms.Before you go, don’t forget to check out the 2024 Yamaha Aerox 155 S variant. Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram -  https://bit.ly/BikeJunction_ofl_insta                     Twitter - https://bit.ly/BikeJunction_ofl_twitter