Renault and Bajaj confirm first talks
Bajaj Auto (Bajaj) and Renault
(Renault) are in preliminary deliberations to jointly understand
customer requirements and business potential for “very
competitive vehicles” in India.
If concluded favorably, this could lead
to a long term partnership between Renault and Bajaj for the
development of the business so conceived.
Bajaj Auto is a manufacturer of
2-wheelers and commercial vehicles with sales of over 2.7
million units in FY07 – including exports of 442.000 units –
representing revenues of $2.3 billion (10070 Crore rupees).
July 28, 2007