Bajaj Auto: Future Ahead !
Bajaj Auto is exploring more and more export opportunities. Egypt is a good market for them but the sales are slow at present because of regulatory environment. When the rules get simpler and license can be easily received for three wheelers, their export to Egypt will see a rise. Due to large available opportunity, Bajaj Auto wants to earn more from exports. W.r.t. R&D Bajaj Auto is working on Electric Vehicles. BAL is planning to launch E-Scooter Urbanite in FY20.