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Bajaj Auto plans to invest Rs 300 crore for new products, R&D: Report

21 May 2018 Evaluate

Bajaj Auto is reportedly planning to invest up to Rs 300 crore in this fiscal, towards new launches and Research and Development (R&D). The company is also looking to tap the 150cc Pulsar segment in order to expand and strengthen it, apart from pursuing new three wheeler markets within India.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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