Showing the rift in the Hamara Bajaj-famed two wheeler giant Bajaj Auto, Group Chairman Rahul Bajaj, on Wednesday, differed with his son and Managing Director Rajiv Bajaj’s decision to exit production of scooters saying he was not only not convinced but was ‘hurt’ by it.
“I can’t say harm the company and its shareholders by doing something you should not do... but I am still not convinced. Rajiv has tried to explain it to me,” Rahul Bajaj said in an interview to NDTV.
Reacting to his father’s remark, the company’s MD Rajiv Bajaj said during the show: “I
care less for the solution from emotions, I believe more in the magic of logic.”
Rajiv Bajaj had last week announced plans to exit from the scooter segment by end of this fiscal and focus exclusively on motorcycles.
(Published 16 December 2009, 16:42 IST)
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