Bajaj Auto: Venezuela Exports Less Than 1%

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Jan 04, 2026 17:57

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Bajaj Auto says exports to Venezuela are less than 1% of total. Impact of Maduro capture by US assessed. TVS Motor has no presence.
Bajaj Auto: Venezuela Exports Less Than 1%
New Delhi, Jan 4 (PTI) 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.


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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