Will the shift in strategy help Bajaj Auto recoup its former glory?
Bajaj has been a noticeable laggard and seen a 2.3% CAGR degrowth in its sales volume, while HMCL reported a pedestrian 4.5% CAGR. In comparison, TVS and Eicher have delivered double digit volume growth of 11.2% and 45.9% CAGR respectively.