Bajaj Auto, India's second-largest two-wheeler maker, said on Tuesday that it will lay-off about 2,000 workers over the next one year through a combination of voluntary retirement scheme, retrenchment and transfer to dealers.

The company has also firmed up plans to introduce a 115cc motorcycle between Rs 43,000-45,000 in a bid to boost its motorcycle sales to 100,000 units per month, its vice-chairman Madhur Bajaj said.

Bajaj Auto has already reduced its workforce by half to about 12,000 during the last 3-5 years.

The new motorcycle in the executive category would be positioned as a volume spinner, he said, adding, "The 100,000 sales would help us become the largest motorcycle maker."

The company has also entered into an agreement with its Japanese technical collaborator Kawasaki to export is 125cc motorcycle Wind.

Kawasaki has its dealer network in place and the motorcycle would be sold abroad in the brandname of Kawasaki, he said adding that the agreement could be extended to other upcoming products as well.