Bangalore: Leading two-wheeler manufacturer Bajaj Auto would make 125 cc motorbikes for Japanese Kawasaki for its exports outside India, a top Bajaj executive said on March 8.

The bike, yet to be ready and in the product design stage, would be sold with Kawasaki branding, R L Ravichandran, vice president, Business Development and Marketing, Bajaj Auto Limited, told reporters.

"Bajaj can manufacture as per the specifications of Kawasaki for exports outside India," he said after announcing the launch of the company's Caliber 115 motorbike.

The 125 cc market of 2.5 million per annum in Sri Lanka, Nepal, Bangladesh, Egypt, South America and Indonesia, apart from India, would be targetted, Ravichandran said.

Kawasaki is a technology partner of Bajaj.

Bajaj, which claims a market share of 44 per cent in the entry-level segment of the bike market, expected to make a dent in the executive bike category with Caliber 115, he said.

Ravichandran said "executive bike" is a "weak segment" for Bajaj and with Caliber, the company targetted to sell 25,000 bikes from April itself.

Developed under the Kawasaki platform, Caliber 115 is being launched across the country over the next one week, he said.

PTI