"We have had a very good monsoon. The prices of the crops are also very high. I guess from November onwards, the industry will see a positive growth," he told reporters at the launch of the company's new bike Discover 100 M.
Srinivas said that Bajaj has been the market leader in Bangalore for the last two years and expects the new bike to help the company become a leading player in Karnataka in few months.
The Pune-based company said that the bike can deliver a fuel economy of 84 km per liter and is priced at Rs 45,996 (ex-showroom, Bangalore).
The new bike has not compromised on power to achieve high mileage, Srinivas said.
"Thanks to our patented twin-spark, 4-Valve engines, we are able to power up the mileage in the bikes. The Discover 100 M gives 9.3 PS power and yet delivers 84 km to a liter," he said.


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