Bajaj Auto Ltd sales grow 46% in February 2007

Bajaj Auto Ltd has announced the following:

February 2007;

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		February  		February 			Growth%
		2007	  	2006
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Motorcycles 	171,780		175,256		  	-2
Total 2 WHEELERS	174,220		179,880		  	-3
3 Wheelers 	 27,992		 25,896		   	8
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TOTAL 2 & 3 Wheelers 	202,212 		205,776		   	-2
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Exports out of the above38,228	  	26,237		   	46
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1. Production constraints limited sale of high and Bajaj motorcycles as demand exceeded supply. Higher capacities planned in this segment will considerably improve the supply position from April.

2. The new Plant at Pantnagar in Uttarakhand commences commercial production on April 09, 2007. All preparations including trial production, at the Company's facilities as well as at the Company's vendor's facilities, are proceeding as scheduled.

3. Simultaneously, development activities and production preparation activities for the all new motorcycle platform, to enable consumers move away for 100 cc segment, are-processing to plan for slated launch in July-September quarter.

4. Three wheeler sales continues to be steady.

5. Export of both 2 and 3 wheelers, continues to be robust.

6. With anticipated good sales in March, 2007, the Company expects to close this financial year with record high volumes. Motorcycle Market share, revenues and profits.

YTD 2006-07

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			April 2006-	April 2005-	Growth
			February 2007 	February 2006	%
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Motorcycles 	      	2,210,994	       1,728,297          	28
Total 2 Wheelers      	2,230,414	       1,840,160		21
3 Wheelers              297,220	       		227,283	          	31
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Total 2 & 3 Wheelers  	2,527,634       	2,067,443          	22
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Exports out of the above	403,768	        	221,170	          	83
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Source : Equity Bulls

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