173.70 (1.97%) Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a 'sizable opportunity' in a fast-growing but highly unorganised market. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw that will enable it to enter the segment which is about 45,000 units a month.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.