Rahul Bajaj, chairman of Bajaj Auto says the auto industry has seen a slowdown. "The production growth is at 16-18% so far," he informs.
The managing director of Bajaj Auto Rajiv Bajaj, in an interview on CNBC-TV18, expects 4-5% of the DEPB benefits to be partly covered by the drawback scheme. "While we hope the distributors will bear 2% of the additional costs, we will pass on 2% of the cost hike to the market place," says Bajaj.
Managing director Rajiv Bajaj feels fortunate that exports continue to be strong, making up for the slowdown in the domestic sector. "Of the 126,000 that we did last month 105,000 were exported," he says adding, "We are expecting a similar performance if not slightly better in June."
Rajiv Bajaj, MD, Bajaj Auto and HS Goindi of TVS Motor spoke to CNBC-TV18 about the impact the withdrawl of the duty entitlement pass book (DEPB) scheme could have on two-wheeler stocks.
Bajaj Auto's April sales stood at 3,67,000 vehicles, said the company's managing director Rajiv Bajaj in an interview with CNBC-TV18. He informed that the company had increased domestic and export prices in April. However, he said, it will not take any more price hikes for now.
In an interview with CNBC-TV18, Rajiv Bajaj, managing director of Bajaj Auto, spoke about the latest happenings in his company and the road ahead.
The 44-year-old managing director of Bajaj Auto, Rajiv Bajaj made one of the most remarkable turnaround in the history of corporate India. He brought his company back from the brink onto a recovery path. A lot of the turnaround had to do with the indigenous R&D that was developed and also with some fairly radical decisions.
In an interview with CNBC-TV18, Rajiv Bajaj, MD, Bajaj Auto, speaks about the January sales numbers and gives his outlook going forward.
Mahantesh Sabarad, senior VP, Fortune Finance and Shubhabrata Marmar, editor, Overdrive, in an exclusive interview on CNBC-TV18, gave their take on how the two-wheeler segment is shaping up and what the outlook is for the auto space going forward.
Rajiv Bajaj, MD, Bajaj Auto, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee discussed Bajaj’s auto sales numbers after the street expressed its disappointment which saw the stock drop 4%.