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Bajaj Auto to expand 3W, quadricycle capacity to 10 lakh per year

Auto News - Published on Tue, 11 Sep 2018

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India Infoline reported that India’s largest manufacturer of auto rickshaws, has announced its plan to expand the production capacity of its three-wheelers and quadricycles to 10 lakh per year. These plans came on the back of Union Minister of Transport Nitin Gadkari announced to allow autorickshaws powered by alternative fuels without a permit.

Bajaj Auto enjoys an 86% market share in alternate fuel 3Ws. Hence, this move will benefit the company the most. The announcement is also a fillip for the Bajaj Qute which comes with CNG/LPG options. More and more “Qutes” are also being given approval by state Governments for taxi applications.

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Posted By : Joykumar Irom on Tue, 11 Sep 2018
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