The country's second-largest two-wheeler maker, Bajaj Auto, today launched an advanced version of its

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flagship bike Pulsar, priced at Rs 70,000 (ex-showroom, Delhi).

"We have been continuously evolving our Pulsar range to provide our customers state-of-the-art product with unmatched performance and technology. The new 2009 edition Pulsar 220 has further raised the bar in the performance segment by becoming India's fastest production bike," Bajaj Auto Ltd CEO (two-wheelers) S Sridhar told reporters here.

The new bike is an advanced version of the 220 Pulsar bike, which was launched in 2007.

The company also has other models in the premium segment Pulsar and Avenger.

Since the last fiscal, the sales of the company has been declining. Its total two-wheeler sales during May this year fell 8.42 per cent at 1,65,697 units over the same month last year.

For 2008-09, the total two-wheeler sales of the Pune-based firm plummeted by 11.18 per cent at 19,19,582 units as against 21,61,095 units in the previous fiscal.