Bajaj Auto May Sell RE60 Vehicle In Sri Lanka Before India Launch
Bajaj Auto Ltd. may export its first four wheeled vehicle the RE60 to Sri Lanka before introducing it in India, Managing Director Rajiv Bajaj said Tuesday.
Sri Lanka is "a large market, and we already have a good distribution setup there. It gives us confidence by launching it in Sri Lanka," he said.
Rajiv Bajaj said at the Jan. 3 unveiling of the RE60 that the company India's second-largest two wheeler maker by sales expects the model to create a new public passenger vehicle or "city taxi" segment.
He had also expressed the hope that the 200-cubic centimeter gasoline engine vehicle will eventually replace the about five million Bajaj Auto three-wheeled vehicles currently plying the roads across India.
The RE60 will be made at Bajaj's three-wheeler plant at the western Indian city of Aurangabad.
Bajaj said the company sells about 10,000 three wheeled vehicles each month in Sri Lanka.
Bajaj Auto May Sell RE60 Vehicle In Sri Lanka Before India Launch | Fox Business