India second largest manufacturer of Motorcycle Bajaj Auto on 7th January 2013 launched its 100 cc motorcycle Discover 100T priced at 50500 rupees.
The astonishing feature of the all-new Discover 100T is that it delivers the power of a 125cc with the economy of a 100cc to bring in the joy of riding to this segment.
As per the company, the new bike is powered by a patented four-valve DTS-i technology engine which delivers 10.2 Ps of power and a fuel efficiency of 87 km per litre.
The engine is also coupled with five-speed gear box and auto chokes for easy start in all weather conditions.
Bajaj Auto developed this model with a minimal expenditure of 5 to 6 crore, rupees but it is based on an all new Discover platform, which already has spawned out Discover 125 ST. Bajaj Auto invested 25 to 30 crore rupees on this new Discover platform. The company is planning to introduce one more motorcycle on this platform in the calendar year 2013.
It was seen that Goldman Sachs in a 4 January 2013 report included Bajaj Auto in its Asia-Pacific "growth recovery" group of stocks that are expected to see favourable growth and valuations in 2013.
Related Current Affairs:
Latest Current Affairs