Bajaj Auto Says Venezuela Exports Under 1% Amid Maduro Capture Crisis
Bajaj Auto stated its exports to Venezuela, mainly Pulsar and Boxer models, constitute less than 1% of total overseas shipments, minimising the impact from the US capture of President Nicolas Maduro. The company reported 19% growth in exports to 16,39,971 units in April-December FY26. Rival TVS Motor confirmed no significant presence in the crisis-hit South American nation.
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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 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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