Bajaj Auto targets 4 million units sale in 2010-11

India's second largest motorcycle maker Bajaj Auto said today that it is targeting sales of 4 million vehicles in 2010-11, including exports of over 1 million vehicles.

The company, which also makes motorised 3-wheelers, expects to close this year with sales of almost 2.9 million vehicles, including exports of 900,000 vehicles.

It sold 1.75 million vehicles in the first eleven months of the current fiscal year ending 31 March.

In an interview with CNBC-TV18, Bajaj Auto MD Rajiv Bajaj said, out of the 4 million, the company expects sales of about 3.6 million motorcycles and about 400,000 three wheelers.

"If we look at it by geography then we expect a million and a little more than a million to be exported, which is about 25 per cent in terms of volumes and the rest to be sold domestically", Bajaj said.

However, Bajaj is pinning hopes on the Discover and Pulsar brands, which are expected to register combined sales of about 225,000 units.