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Bajaj Auto: Venezuela exports under 1%

The South American country has plunged into a crisis after the US captured its president, Nicolas Maduro, on Saturday.

Agencies

NEW DELHI: 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 Sharma, executive director, Bajaj Auto, said.

He was responding to a query about the implications on its operations in the country following Maduro’s capture 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, said it has no meaningful presence in Venezuela.

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