Bajaj to spark price war in entry-level bike mart
Bajaj auto (BAL), which had declared its intention to raise the entry bar in the motorcycle segment from four-stroke 100 cc bikes in July 2006, is now aggressively re-stating it. Its new bikes will be priced in the same bracket as the existing 100 cc offerings.

Bajaj auto (BAL), which had declared its intention to raise the entry bar in the motorcycle segment from four-stroke 100 cc bikes in July 2006, is now aggressively re-stating it. Its new bikes will be priced in the same bracket as the existing 100 cc offerings. On road in Pune, the CT 100 costs Rs 36,248 and the Platina costs Rs 40,029.
Rajiv Bajaj, managing director, BAL, declined to comment on the engine specifics of these higher-than-100 cc bikes but in July, he had categorically referred to the 125 cc becoming the entry level bike for BAL.
"Price wise, these bikes, higher than 100 cc, will be priced at the same level as the 100 cc, since we have engineered them to be profitable at that level. They will definitely be based on the DTS-i technology and bikes based on our new platform will be launched in the coming few months. We accept that they will take away some of our CT 100 and Platina customers but they will take away more customers from the competition," he told ET on Friday.
Offering a bigger bike at the price of the 100 cc and retaining profitability is expected to be BAL's trump card to upgrade the market.
"We stopped production of geared and ungeared scooters and scooterettes nearly six months ago. Production of the Chetak at Akurdi was stopped in November 2005, and the Wave was last produced in April-June 2006," he added.
The path is thus being cleared for the rollout of BAL's new range of scooters, the Kristal which is coming in January and the Blade, halfway through the next fiscal.
Referring to the increase in two and three-wheeler production capacity to 3 lakh per month from April 2007, Mr Bajaj explained they currently have the capacity for 50,000 per month two wheelers at Akurdi, near Pune. The Chakan plant has the capacity to roll out 80,000 two wheelers per month, which will go up to 1 lakh while Waluj, which currently has the capacity to produce 1.2 lakh vehicles per month will go to 2.5 lakh per month.
"The Akurdi and Chakan plants together will be able to roll out 1.5 lakh units per month and the balance will be equally divided between Waluj and Pantnagar, in Uttaranchal. We will have the capacity to produce 75,000 vehicles, close to 1 million, from Pantnagar, which includes moving 50,000 from Waluj and an incremental capacity of 25,000," Mr Bajaj stated.
Scooter capacities will increase from 10,000 per month now to 15,000 per month while three-wheeler capacity will go from just under 30,000 per month now to over 35,000. This will take total BAL capacity to 3.5 lakh per month, he said. This is part of BAL's stated Rs 1,500-crore capacity expansion, spread over the next few years. Referring to the moving of bike manufacturing capacity away from Waluj, near Aurangabad, to Pantnagar, Mr Bajaj said this was always his stated plan.
"I have maintained that I want to downsize the Waluj plant and this is part of the process," he added.BAL, which has received in principle sanction to set up a special economic zone (SEZ) at its Waluj location, has not yet taken any steps to act on it.
"That approval for an SEZ is on paper and there has been no concrete action on it yet," he said. BAL already holds the land, which is currently unutilised. Shifting production away from there will free up more land but Mr Bajaj declined to comment on its future use. BAL's November 2006 sales continued to show a rising graph, with total two-wheeler sales being 2,14,329 (1,66,254) units, a rise of 29%.
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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