- Bajaj Auto's exports to Venezuela are less than 1 percent of its total overseas shipments
- Venezuela is facing a crisis after the US captured President Nicolas Maduro
- Pulsar and Boxer models are popular in Venezuela, per Bajaj Auto's Executive Director
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%.
Another Indian automaker, TVS Motor Company, said it has no meaningful presence in Venezuela.
Oil Swings As Investors Weigh US Capture Of Venezuela's Maduro
