Bajaj Auto, plans to infuse up to Rs.300 crore this financial year for new launches, and research and development (R&D).

The company manufactures bike and three-wheelers under the brand Pulsar and RE respectively, and is planning to expand and strengthen the 150cc Pulsar segment in addition to pursuing new three wheeler markets within India.

Bajaj Auto’s President, Kevin D’Sa stated, “Keeping in mind the R&D expenses, balancing equipment and tooling there is a plan to have a capex of Rs.250-300 crore (for the year).

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