Bajaj Auto is working on CNG bike, says MD

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bajaj-auto-is-working-on-cng-bike,-says-md

Pune:

Bajaj Auto

is developing a

portfolio

of

clean fuel

CNG motorcycles, and the first such bike will hit the market in June, Bajaj Auto managing director

Rajiv Bajaj

said here on Friday. The bike will run on CNG and would hit the roads in June, he said while announcing Bajaj Group’s commitment of Rs 5,000 crore towards corporate social responsibility spent over the next five years.
The new bike would target mileage-conscious consumers and is expected to launch under a different brand.

It is expected that CNG bikes will be priced higher than their petrol counterparts due to the higher cost of manufacturing besides having a special tank to offer petrol and CNG fuel options to offer convenience to customers. Bajaj also said that its Pulsar – which was launched 20 years ago – will hit two million units soon.
Meanwhile, the committed of Rs 5,000 crore to social impact initiatives over five years comes with a focus on skill development under ‘Bajaj Beyond’ – the Group’s new identity for all its CSR and charitable programmes.
This will benefit over two crore youth and enable them to take advantage of the employment and entrepreneurial opportunities offered by India’s growing economy. “Social responsibility is deeply entwined in the Bajaj family’s businesses and its philanthropic endeavours. In the last 10 years, the Bajaj Group has contributed close to Rs 4,000 crore towards CSR initiatives largely focused on skilling and education, health, livelihood, water conservation, and several other areas of development,” Bajaj Auto chairman Niraj Bajaj said.

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