New Delhi: Bajaj Auto Ltd has released its new identity today as “The World’s Favourite Indian” to announce its dramatic transition from a domestic scooter maker to a global motorcycle powerhouse in only 17 years.
The launch of the Pulsar from its Chakan plant in 2001 marked the beginning of this riveting global ride. Pulsar was powered by the spirit of entrepreneurship; it embodied bold differentiation in the pursuit of dramatically creating new markets rather than unimaginatively serving existing ones.
Building on its ‘Hamara Bajaj’ roots of providing trusted and reliable mobility solutions, the company has significantly invested in technology and innovation to design motorcycles that are loved not only in India but 70 countries around the world. It has grown to become India’s No.1 motorcycle exporter with 2 out of 3 bikes carrying a Bajaj badge. 40% of the company’s revenue is coming from international markets. It has earned USD 13 bn of forex in the last 10years and hit a milestone 2mn units of international sales in 2018.
With 15 million motorcycles sold in over 70 countries, Bajaj Auto has set a remarkable benchmark for the ‘Make in India’ vision of the government. With availability and customer preference scaling from Russia and Malaysia to Argentina and Mexico, it is today possibly the largest Indian brand name in terms of customer purchase value. In fact the numbers endorse a popularity that is even wider and deeper than many other symbols of Indian pride, be in cuisines, entertainment or sportspersons.
Appropriately, Bajaj Auto is delighted to announce this transition with a new identity of Bajaj – The World’s Favourite Indian
Commenting on this successful journey, Rajiv Bajaj, Managing Director said, “Our international performance is validation of our strategy of focus and differentiation. Our unwavering commitment towards building the best motorcycles in the world through design, technology, quality and customer satisfaction have made us a truly global brand. Bajaj brand is not only The World’s Favourite Indian, but also perhaps the most illustrious ambassador for Make in India initiative of the Indian government.”
He further added, “In only 17 years since the launch of Pulsar, we have become the third-largest motorcycle manufacturer in the world, ahead of several Japanese and European brands that have been around for much longer. In any market around the world, when people think of motorcycles, they should think of Bajaj. That would help us achieve our vision of being a Global Motorcycle Specialist.”
The new brand identity would be communicated through a powerful marketing campaign featuring TV, outdoor, print and digital media. The retail showrooms of Bajaj Auto motorcycles and commercial vehicles will also undergo a transformation with new signage and branding in line with the message of The World’s Favourite Indian.
