November was the best-ever festive season for the 22-year-old pulsar, says Bajaj Auto

"This 125 CC plus segment now accounts for 50% of the industry and, like I said, 65% of our business. This is a very good indicator of the trends of upgrading in the Indian customer, the confidence and optimism slowly sort of percolating down to the customer, which sort of helps them to make a choice of a better motorcycle, where you then get more degrees of freedom to differentiate through product performance, features, etc. I think these trends will continue.”

In an earlier interview with CNBC-TV18, the company's Managing Director Rajiv Bajaj said it was going to pay homage to the Pulsar as it changed the perception of Bajaj from a scooter company to a motorcycle company.

"But in the end, the one brand or product which in 2001 changed Bajaj from a scooter company to a motorcycle company and from a domestic company to a global company as the world's favourite Indian and today the most valuable two and three-wheeler company in the world is Pulsar," Bajaj said.

Talking about the overall sales number in the festive season Bajaj added the two-wheeler industry has grown at 8% this festive season while Bajaj Auto has grown twice at rate.

"It was a very good, festive and as you know, we like to look at the numbers from a retail point of view, which we source from Vahan and the best to look at the numbers over the September October November period because it covers the full spectrum of festive takes into account month ends and it's easier to compare with last year which had the different festive date," he added.

He further mentioned that usually there is an immediate drop after the festive season. But in the last 10-15 days, Bajaj Auto has not noticed that kind of drop, at least in the retail segment.

"So, this augurs well, and therefore we think that going forward, certainly the industry can count on something like 8=9% growth and we will certainly be looking at growing at twice that rate, if not more," added Bajaj.