Bajaj RE60 to be exported abroad before its launch in India

India’s largest three-wheeler manufacturer Bajaj Auto is looking to start exports of its new four-wheeler vehicle RE60 before the launch in domestic market. According to sources, the company is waiting to hear from Renault and may go solo for marketing and distribution of the vehicle.

Sources further said that the company is planning to start exports of RE60 by mid-2012 and will first start export to Sri Lanka. The company is looking to set up assembly lines in Asian and African countries: Sri Lanka, Bangladesh, Kenya, Uganda, Nigeria and Latin America.

Bajaj Auto’s RE60 is said to have a top speed of 70 kilometres an hour with 35 kmpl in normal driving conditions.

RE60, which was unveiled earlier this month, is India’s latest ultra-low-cost car. It is a 200cc four-seater that might give competition to the Tata Nano, known as the world’s cheapest auto. Where Nano has been unsuccessful in taking off as per expectations, will RE60 make it big? Only time will tell.

Via http://www.yourmoneysite.com/news/2012/jan/bajaj-re60-to-be-exported-abroad-before-its-launch-in-india.html

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