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Bajaj bike sales down 3 per cent in July
KV Kamath, the non-executive chairman of Infosys and chairman of the ICICI bank, is optimistic that the Indian economy will see a turnaround soon. Commenting on the reforms process, he said that the animal spirit of the economy had not been slaughtered ye
02 Aug 2012, 03:47 PM IST 
A Dreamliner in Air India colours at an airport in Washington
India’s second-largest two-wheeler maker Bajaj Auto on Thursday reported a 2.90 per cent fall in motorcycle sales at 308,858 units in July.
The company had sold 318,095 units in the corresponding month last year, Bajaj Auto said in a statement.
Exports also fell by 12.84 per cent during the month at 125,501 units compared to 143,996 units in July 2011.
In the three-wheeler category, the company said its sales stood at 35,292 units against 45,617 units in the same month last year, a dip of 22.63 per cent.
Total vehicle sales of the company in the last month stood at 344,150 units compared to 363,712 units in the same period a year ago, a decline of 5.38 per cent, the statement said.
