Dubai, June 22: Bajaj Auto, one of the largest two wheeler makers in the world, has opened its first overseas office in Dubai aiming to boost exports which topped $70 million last year. "Opening of the Dubai office at the Jebel Ali free zone in Dubai is part of the company's efforts to double the exports in the next couple of years with the target for this year set at $100 million," Rajiv Bajaj, Joint Managing Director, Bajaj Auto told reporters.
Though the company had virtually no exports only four years ago, last year it exported about 94,000 vehicles in both two and three wheeler segments, he said.
Seventy per cent of the exports were to countries in the subcontinent, Sri Lanka and Bangladesh, where in a short time, the company had emerged as market leaders, he added.
Ahmed Butti Ahmed, Managing Director of Jebel Ali Free Zone said all support will be extended to Bajaj for realising a quantum jump in its exports particularly to countries in the region and to North and East Africa. Bureau Report