Bajaj said it is becoming pertinent to look for alternatives to the rare earth magnet as well as to the source, which is China.
He further explained that success requires sacrifice and that being at peace is not conducive to achieving one's goals.
From Anand Mahindra to Harsh Mariwala and Anupam Mittal, industry titans shared their takes on Subrahmanyan's remarks. Here's what they had to say
Bajaj also suggested a cultural shift in corporate India where the leadership needs to reflect on its role in improving productivity. “All the big talk happens at the top, but the implementation starts from the bottom,” he added.
While Ola Electric maintained a market share of 24.5% in November, its sales fell 30% month-on-month and 2% year-on-year. TVS Motors followed at 23.55%, with Bajaj Auto close behind at 22.59%. However, December saw Chetak surge ahead, shifting the competitive landscape.
While exports dropped by 40% in Africa, they were up 20% in the Middle East and North Africa, as well as by 70% in Asia
Catch Business Today TV's Astha Aishwarya Oriel in an exclusive conversation with Rakesh Sharma, Executive Director of Bajaj Auto. Bajaj Auto has launched the Freedom 125, the world’s first motorcycle to operate on Compressed Natural Gas (CNG). This commuter bike, powered by a 125 cc engine, offers dual fuel capability—petrol and CNG—to significantly reduce operational costs. Priced between ₹95,000 and ₹1.10 lakh (ex-showroom), bookings have commenced today, starting with Gujarat and Maharashtra. The company plans to export to markets such as Egypt, Tanzania, Peru, Indonesia, and Bangladesh. Rakesh Sharma, Executive Director of Bajaj Auto, discusses the impact of the Freedom 125 in the entry-level (100-125cc) segment and its export prospects. Designed for cost-conscious consumers, the Freedom 125 promises a 50% reduction in fuel expenses compared to similar models. It features a small petrol tank and a seamlessly integrated CNG cylinder, with a handlebar-mounted switch for fuel selection. The motorcycle's design includes separate filler nozzles for petrol (2-liter tank) and CNG (2 kg capacity), ensuring practicality and ease of use while maintaining a distinctive appearance.
Consumers are hesitant towards electrification due to unfamiliarity with the technology, concerns over range, charging infrastructure, and safety issues like fires caused by poorly-made products, according to Bajaj.
Rajiv Bajaj, Managing Director of Bajaj Auto, candidly expressed his views during one of the launches of Bajaj Auto. Bajaj urged for a unified approach among the government, organizations, and OEMs to drive India's shift from petrol and diesel to clean fuel. Bajaj emphasized that by aligning efforts, India can set a global example in adopting sustainable energy solutions. His heartfelt appeal highlights the critical role of collaboration in advancing the country's clean fuel initiatives. Listen in to what Rajiv Bajaj said to Union Minister Nitin Gadkari.
In a poignant moment during a product launch, Bajaj Auto MD Rajiv Bajaj revealed that he was missing someone special for the first time in his career. His emotional confession added a deeply personal touch to the milestone event. Listen in to know who he is missing…
Bajaj has consistently argued against subsidies, describing the global push for electric vehicles as "chaos."





