Bajaj

Bajaj Auto plans to increase its overall production capacity to 50 lakh units a year by the end of this fiscal. The company has three manufacturing plants at Waluj and Chakan in Maharashtra and Pantnagar in Uttarakhand which produces a total of 46 lakh units of 2 and 3-wheelers every year. Earlier this month, the [...]

News in the media about Bajaj Auto having scrapped Renault India Low-Cost Car Joint Venture for Supply Agreement has been put to rest with Bajaj Auto confirming that the partnership is intact, and the project is on schedule. As per the understanding reached between Mr. Carlos Ghosn, President, Renault-Nissan Alliance and Mr. Rajiv Bajaj, Managing [...]

KTM Power Sports, Europe’s second largest motorcycle manufacturer and World’s No I Off-Road Bike maker, closed a 42.99 Million Euro Capital increase on 16th April 201O. The Capital increase comprised of 13.24 Million Euros by way of conversion of loans and 29.75 Million Euros Cash rights issue. Bajaj Auto has invested Euro 20 Million in [...]

Bajaj Auto is planing a restructuring exercise which will see independent brands from the 2-wheeler manufacturer. The company will distance itself from the parent brand and focus on just four motorcycle brands – Boxer, Discover, Pulsar and KTM, as well as the rear-engine three-wheeler brand, phasing out the rest. Bajaj has already stopped making bikes [...]