Bajaj plans on exporting the V15 from next fiscal.
According to a report on Autocar Professional, the Bajaj V has received over 10,000 bookings, and the manufacturer now plans on increasing production to cater to the rising demand. Deliveries of the Bajaj V started on March 23, coinciding with Martyrs' Day.
The Bajaj V is currently produced at the manufacturer's Pantnagar and Waluj plants. Over 2,500 units of the motorcycle were made last month with a plan of selling 50,000 units in the next 18 months. However, Bajaj is hoping to increase production to 1,000 units a day.
Bajaj has priced the V (V15) at INR 61,999, ex-Showroom, New Delhi and INR 62,820 ex-Showroom, Mumbai. However, sales of the Bajaj V are banned in New Delhi as the motorcycle is only BS-3 compliant (a new ruling dictates new two-wheelers to be BS-4 compliant to be eligible for registration in Delhi).
Power for the motorcycle comes from a 149.5 cc air-cooled single-cylinder engine with DTS-i technology, capable of 11.8 bhp at 7,500 rpm and 13 Nm of peak torque at 5,500 rpm, paired to a 5-speed gearbox. Aside from selling it in the domestic market, Bajaj also plans on exporting the V15 to markets in Africa, Latin America. West Asia and Turkey next financial year.
In a recent interview, Mr. Rajiv Bajaj, Managing Director of Bajaj Auto said that the Bajaj V's platform is capable of spawning new products.
[Source: Autocar Professional]