India's Bajaj ups production of new 125 cc bike

Newswire

NEW DELHI, Oct 29 (Reuters) - Bajaj Auto Ltd , India's No. 2 motorbike maker, said it is raising production of its new 125 cc motorbike to 75,000 units a month from November. Bajaj has sold 65,000 units of the XCD bike since its launch in early September, and the company is "rapidly ramping up its capacity" from 50,000 units a month to meet the growing demand, it said in a statement released over the weekend. Bajaj had earlier said it would raise capacity beyond 50,000 units a month from ...

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