Venezuela turmoil unlikely to impact Bajaj Auto, exports below 1% of total
- Bajaj Auto said its exports to Venezuela make up less than 1% of total overseas shipments, with the company seeing no material impact from the ongoing crisis.
Bajaj Auto on Sunday said its exports to Venezuela accounts for less than 1 per cent of its total overseas shipments.
The South American country has plunged into a crisis after the US captured its President, Nicolas Maduro, on Saturday.
"We do export to Venezuela. Pulsar and Boxer are very popular, but these exports are less than 1 per cent of our total exports," Rakesh Shamra, Executive Director, Bajaj Auto, said.
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He was responding to a query about the implications on its operations in the country following the capture of Maduro by the US.
In the April-December period of FY26, Bajaj Auto's total exports stood at 16,39,971 units as against 13,73,595 units in the year-ago period, up 19 per cent.
Another Indian automaker, TVS Motor Company, said it has no meaningful presence in Venezuela.
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