Bajaj Auto likely to invest $ 150 million for a project in Indonesia
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Indian two-wheeler makers are probably keen about having interest in investing global markets as per a latest update from the sources. The Two-wheeler king Hero MotoCorp has launched its brand name just few days back in London. If now sources are to be confirmed then it is said that India’s second largest two-wheeler maker Bajaj Auto may set up an assembly plant in Indonesia. To increase or mark its presence in Southeast Asia and make profit from the lower duty structure, Bajaj probably may execute this plan in the world’s third largest market.
The report states that, Pune-based firm is about to invest $150 million (Counted is Indian currency, then, Rs 675 crore) for the project. Continue Reading »
On August 23rd 2011 in Auto Articles, Auto Events, Auto Expo 2010, Auto India News, Auto Industry News, Auto Pricing, Auto Schemes, Bajaj