Executive Director Rakesh Sharma says currency fluctuations and economic shifts in international markets could influence demand.
“Mexico is one of our largest overseas markets, both by volume and value terms and how the economy of Mexico is impacted we have to see once the dust around the tariff
wars sort of settles down. There is no direct impact, but there are secondary impacts to be watched out for.”
Mexico is a crucial market for Bajaj Auto, with nearly 10,000 units of high-end products sold there each month. While there have been no immediate signs of demand disruption, the company is closely monitoring Mexico’s economic stability and how it might be affected by global trade dynamics.
Also Read: Tariffs can disrupt supply chains, hike car prices: Mercedes
Bajaj Auto is confident in its ability to compete internationally. The company already competes with US, Chinese, and Japanese brands across 108 global markets.
The company remains positive about the domestic two-wheeler market. Sharma noted that the motorcycle industry is projected to grow by 5-6% in 2025-26 (FY26), in line with last year’s outlook. However, Bajaj Auto aims to outpace this industry growth, particularly in the premium 125 CC + segment.
The company posted sales of 369,823 units in March 2025, a 1% increase from the 365,904 units sold in March 2024.
In March, it sold 183,659 two-wheelers in the domestic market. However, two-wheeler exports saw a slight increase, rising to 132,073 units from 130,881 units in March last year.
Bajaj Auto’s current market capitalisation is ₹2,15,627.37 crore. The stock was trading at ₹7,720.90 on the NSE as of 9:53 am. It has declined 15% over the last year.
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