It doesn't make sense to sell just 20,000 cars, when we will sell 4 million two-wheelers this year. Unless you sell 2 lakh a year of the small car, you don't break even.
Speaking on the sidelines of the World Economic Forum's India Economic Summit, Bajaj Auto Chairman, Mr Rahul Bajaj remarked on the low-cost car project his company is part of with Renault-Nissan.
Source - blonnet.com
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