A few days back we reported that India’s largest two wheeler manufacturer, Hero Honda has raised prices of it products in India. Bajaj Auto is the latest to follow the trend. This price increase comes in wake of a recent substantial hike in fuel prices by the ministry of India.
Bajaj accepted the news and informed that prices have been revised across all models starting from Platina to the company’s premium motorcycle Pulsar 220 DTSi. The range of price increase varies from Rs 800 to 1000 depending upon the model. Explaining the reason of the change, Bajaj said that the price hike is a result of increasing material prices and input costs and pressure on operating margins.
After this hike prices of the faired version of Pulsar 220 DTSi goes upto Rs.82,500 which were Rs 78105 (on road Pune) when the bike was launched in July 2009, whereas in Bangalore it would cost approximately Rs. 85,500 after inclusion of all the taxes. Platina 125 would cost slightly more than Rs. 39,000 whereas the just launched Discover would cost Rs 51,000 and the smaller sibling Discover 100 will cost Rs.47,000 (all prices on road Pune).
With the motorcycle manufacturers revising prices along with fuel prices increase, middle class buyer is set to take the hit. It also becomes interesting to see how this double sided knock would impact the higher segment bikes which are known for notorious fuel efficiencies.
– Saad Khan