two-wheelers

Bajaj Auto: We will build, not burn, our way into the future, says Bajaj Auto MD Rajiv Bajaj

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Bajaj Auto: We will build, not burn, our way into the future, says Bajaj Auto MD Rajiv Bajaj

Rajiv Bajaj, managing director of Bajaj Auto, sees the electric vehicles (EVs) business achieving profitability at a relatively lower volume threshold, on the back of pricing power, a cost competitive structure and strength of the brand. The two-wheeler manufacturer entered the fast-growing market with an electric scooter in January 2020, and followed it up with … Read more

Efforts to boost localisation adding on to revenue of component firms

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Efforts to boost localisation adding on to revenue of component firms

India’s love for larger, feature-rich vehicles, coupled with efforts being undertaken by stakeholders to deepen localisation, is turning into a boon for local autos parts makers with component sales in the country surging to a whopping $ 36.1 billion in the first six months of the current financial year. An increase in value of sales … Read more