Is Bajaj auto planning for a sub 40000 Rs budget bike?

Bajaj auto is planning to launch a new 100cc bike by october to complete with Honda's Dream Yuga and Hero Moto's 100cc breed. The bike's code name is D-104, which gives us all the impression of a 104cc discover. It is said that the bike will impose bajaj's latest technology and will have a front disk brake with digital console on board.
This is just a rumor. We still didn't get any official statement from Bajaj. So we will wait until Bajaj confirms.

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