Thursday, October 18, 2012

Bed and Breakfast Industry

Bajaj has an arrangement with Kawasaki Heavy Marketplace of Japan to produce country on the art motorcycles and three-wheelers in India. From its smaller beginning, Bajaj has grown towards the factor in which it now exports to shoppers in more than fifty countries. Based on business statistics, Bajaj exported over 196,000 vehicles in fiscal year 2005. Bajaj dominates the market in nations including Bangladesh, Columbia, Guatemala, Sri Lanka, Mexico, and Peru (2005).

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To bolster its focus on exports, the company offers a full range of corporation services for foreign dealerships such as training in sales, service, and spare parts management. Also, in countries in which there's more than enough market potential, Bajaj actively supports building or setting up manufacturing facilities during the host country even as soon as this requires technology transfer. Exports now account for 11 percent on the sales volume and 12 percent on the value of net sales.

According to a recent press release, Bajaj is experiencing dramatic growth. For example, motorcycle sales from the very first quarter of fiscal year 2006 grew at an astonishing 53 percent growth rate compared to the first fiscal quarter of 2005. To put true numbers to this statistic, Bajaj motorcycle sales elevated from 276,000 during the very first fiscal quarter of 2005 to over 422,000 in the first fiscal quarter of 2006.

SWOT Analysis: Environmental causes internal towards firm are classified as strengths or weaknesses. Environmental factors external on the company are classified as opportunities and threats. Thus, threats should be addressed, and weaknesses must be converted to strengths whenever possible. The SWOT analysis for Bajaj Auto Limited is shown below:

To expand regionally beyond the borders of India and into nearby countries

As a symbol from the emerging economic power of India, its domestic and foreign offices may well become the focus of local protests or even violence.

 

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