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Why did Rajiv Bajaj, who made the world’s first CNG bicycle, say, ‘The tiger is still alive’?

Sagar Patel

By Sagar Patel

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Rajiv Bajaj, Head of Bajaj Auto (Photo: Video Grab)

Bajaj Auto, TVS and Hero Group are dominating the motorcycle market for a long time. These three companies are also rivals of each other. In such a situation, Bajaj Auto has created a stir in the market by launching the world’s first CNG bike. But on the occasion of its launch, Bajaj Auto boss Rajiv Bajaj narrated a big story about Hero Group. He also gave a statement that ‘Tiger is still alive’. After all, what is that story?

First, let us tell you about Bajaj Auto’s CNG bike, ‘Bajaj Freedom’. This bike comes with a 125cc engine. It has a 2-litre petrol tank and a 2kg CNG cylinder. Its combined mileage is around 330 km and the company has kept the launch price at Rs 95,000.

Why did they say: ‘The tiger is still alive’?

Rajiv Bajaj, while narrating an incident related to Hero Motors, said that in the 1990s, sales of Bajaj’s Chetak scooter started falling and motorcycles took its place in the market. The reason for this was that the mileage of the motorcycle was more than that of the scooter. This happened for the first time in 1997, when Hero Honda (now Hero MotoCorp) sales also crossed that of Bajaj.

He said, ‘Brijmohan Lal (Munjal) was the chairman of Hero Honda at that time. When Hero’s sales surpassed Bajaj’s, he told his staff to be careful: “Tiger (Bajaj) is now hurt.” Today, after almost 30 years of launching a CNG bike, we told them that ‘Tiger is still alive.’

CNG bicycle economy

Explaining the economics of CNG bikes, Rajiv Bajaj said that one of the main reasons for the decline in scooter sales in the 1990s was the rising cost of fuel, which back then used to give a mileage of around 40 kilometres. In such a situation, the motorcycle increased the mileage from 60 to 80 km with the same fuel expenditure. Today, after almost 30 years, we are at the same place where the fuel cost is increasing – we have increased the mileage of CNG bikes to 330 km with the same fuel cost.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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