In the span of
past ten years, the Bajaj Pulsar has propelled its maker in the ranks,
given the Indian motorcycle industry a shot in the arm and has
effectively led the performance motorcycle bandwagon single handedly
over the years. Above all, it has brought the joy of motorcycling within
the bounds of millions of Indian bikers, young and old alike
In the widespread class of motorcycles that the world has seen until now, there are very few bikes that can match what the Bajaj Pulsar
managed to etch out in a span of past ten years since its inception in
November 2001. In fact, the only other motorcycle that comes to mind
when talking about market defining (or shall we say redefining?)
products happens to be the humble little 50cc Honda Super
Cub, which went on to become the best selling motor vehicle in the
history books. The time of its introduction was just right when all the
others were busy making rather big motorcycles – this simple yet
effective and reliable motorcycle from Honda was an apt solution.
Similarly in the case of the Pulsar, it came when every motorcycle in
the country circled around fuel efficiency, mileage and economy.
While Hero Honda had the CBZ in
the 150cc premium segment, it had opened only a tiny slit in the door
that led to the world of performance motorcycles. Bajaj Auto’s MD, Rajiv
Bajaj saw the opportunity and seized it instantly. As the Pulsar burst
onto the Indian two-wheeler scene, it kicked the door wide open allowing
more and more enthusiasts to experience the thrill that encompasses
motorcycling. Everything about the Pulsar oozed speed and performance
without really demanding a hefty premium for it. The affordability of a
good looking and fun motorcycle meant Bajaj Auto was bang on target with
its idea of bringing power to the people than waiting for them to reach
out to it at some point in their lives.
Certainly then, it is the Pulsar phenomenon which
has single-handedly propelled the premium motorcycle segment in the
country over the past decade to a place where today we have
manufacturers queuing up to launch their premium products. Back in 2001
when the premium segment commanded barely about 5% of the total market
share, it was a huge gamble to enter the segment but it was a calculated
risk backed by foresight and vision of Rajiv Bajaj. And the gamble has
paid back generously as Bajaj Auto now commands about 45% share in the
growing premium segment, with none of the rivals in a sniffing distance
of it. And it appears that the situation will not change anytime soon as
Bajaj Auto readies to launch a completely new generation of Pulsar
models this year.
No comments:
Post a Comment