Bajaj Auto launches new bike

New Delhi, Jan 21 (IANS) Bajaj Auto Ltd, one of the leading two-wheeler makers in the country, Wednesday launched a 135cc version of its XCD motorcycle.

The bike, sporting a 10.5 brake horsepower (bhp) engine, will cost Rs.45,000 (ex-showroom).

The first batch of the Bajaj XCD 135 DTS-Si will be rolled out of the Aurangabad plant in Maharashtra, while the subsequent production will take place in Bajaj's Pantnagar facility in Uttarakhand.

The company also plans to export the bike.

'We will start exporting this bike in April. Until then the capacity will be utilised for the domestic market,' Bajaj Auto managing director Rajiv Bajaj said.

Bajaj said the bike will 'fill the vacuum of Bajaj Auto's portfolio' between the low-end and high-end two wheeler markets.

Bajaj Auto will launch the much-awaited Kawasaki Ninja this fiscal, while two other models, jointly developed by Bajaj and Kawasaki, will be launched next year.