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Bajaj Auto: Note ban pain not over; base effect lifted exports

Bajaj Auto: Note ban pain not over; base effect lifted exports

Thursday, March 2, 2017, 11:44 AM

The demonetization impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto. The 16 percent jump in exports is largely due to a base effect. The company has started shipments to Malaysia and the new market expansion might gradually help in adding to export numbers.
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