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Bajaj Auto forecasts October sales above 570,000 units as supply constraints ease
Our read
Bajaj Auto's supply recovery is likely to lift deliveries without fully clearing Chetak availability pressure.
For operators
Align dealer allocations with Chetak’s planned October output increase to 62,000 units, while managing availability against reported demand exceeding 65,000 units.
Watch
October sales above or below 570,000 units
The report,
Bajaj Auto expects October sales to exceed 5,70,000 units as supply constraints ease after a September shortfall of approximately 40,000 vehicles. It anticipates manufacturing 62,000 Chetak units in October, while management sees no weakness in festive demand.
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Reported figures
From the report. Source details below
| September Chetak production: | 42,000 units |
|---|---|
| Current Chetak demand: | exceeds 65,000 vehicles |
| Bajaj Auto session share decline: | 9% |
| Year-to-date overall growth: | 13% |
| April-August 150cc-plus segment growth: | 28% |
Why it matters to operators
Evaluate EV supply-chain and capacity partnerships that could help close Chetak’s projected shortfall of more than 3,000 units despite the planned October production ramp.
What to watch next
- October Chetak production against the 62,000-unit plan
- Reported Chetak demand remaining above 65,000 units
- Changes in Chetak delivery waiting times or dealer discounts
- Announcement of further Chetak production increases
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Bajaj Auto is likely to prioritize executing the Chetak production ramp as supply constraints ease.
- Bajaj Auto dealers are likely to focus on fulfilling waiting customers' orders rather than broad Chetak discounting while availability remains tight.
- Bajaj Auto may pursue further Chetak output increases after October if demand continues to exceed production.
- Prospective Chetak customers may switch to competing electric two-wheelers if delivery waits persist through the festive period.
The counter-case
The case against this reading — not reported by the source.
The headline is a production-recovery forecast, not proof of stronger underlying demand. October sales above 570,000 units could partly reflect delayed September shipments rather than incremental growth. Chetak’s planned 62,000-unit output still trails reported demand above 65,000, leaving execution risk and potential lost orders. Festive strength also says little about demand after the season.
The source
First seen