'Scouting for China partner'

Dalian: Bajaj Auto has not yet decided on its car venture in India and is still scouting for the “right partner” to enter the Chinese market with its two- and three-wheelers, the company’s Executive Director Sanjiv Bajaj said today.

“We have talked to a few players over the past couple of years,” Sanjiv Bajaj told the Press Trust of India on the sidelines of the Inaugural Annual Meeting of the New Champions in the northeast Chinese port city of Dalian.


“We know it is important to find a good local partner in China, one who can think long-term and in the same way as us,” Bajaj said. “We will enter China at the right time when we find a right partner,” he added.


Bajaj said that The company was sourcing alloy wheel for its motorcycles in China. “On the other hand, some Chinese companies have copied some of our motorcycles infringing our design rights in Sri Lanka,” he said. He explained that the company had fought and won this case in a Sri Lankan court.


In recent years, Bajaj Auto has entered a number of other large foreign markets like Indonesia, Nigeria and Iran.