Bajaj Auto to scale up 3-wheeler production
- Supreme Court strikes down Section 66A, says it violates right to speech
- Pakistan Day: PM greets, MoS VK Singh tweets #disgust
- DK Ravi's death: Govt calls in CBI, tells court he had a ‘relationship’ with batchmate
- Mufti Mohammad Sayeed says will take Army into confidence on AFSPA
- 1987 Hashimpura massacre: The photographs that stand witness
After expanding its two-wheeler production capacity earlier this month, Bajaj Auto is planning to scale up its three-wheeler production by another 50,00 units per month from its existing production capacity of 35,000 units.
The three-wheeler giant on Tuesday unveiled the two new platforms RE145D and RE445M of three-wheeler passenger vehicles, which are BSIII compliant.
The company is planning to come up with two new platforms in the commercial vehicle (CV) segment in the coming days.
"We have already launched one platform six months ago and will launch two more platforms by the first quarter of this year. Apart from that we are also ramping up our capacity at the Waluj plant from 35,000 to 40,000 vehicles per month soon, " said RC Maheshwari, Chief Executive Officer, Commercial vehicles, Bajaj Auto.
He said that out of the total production 90 per cent would be passenger vehicles and the rest would be goods carrier.
"We have spent about 20 crore for the development of each platforms. We currently export 50 per cent of three wheelers to overseas market like Srilanka, Egypt and Nigeria," said RC Maheshwari.
Rajiv Bajaj, managing director, Bajaj Auto said the company would be concentrating aggressively on research and development.
"We have created a dedicated facility here (Akurdi plant), which is currently employing about 650 engineers. We are also planning to expand it as for us technology is important," said Bajaj.
Earlier this month it announced a capacity expansion of its motorcycle production to 300,000 units in April. "We are looking at increasing our two wheeler capacity to 3.6 million a year and three wheelers to 400,000 units every year," he added.