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EV subsidies flawed and unfeasible, says Bajaj Auto MD Rajiv Bajaj

'Unimaginative govts throw money at manufacturers'

Rajiv Bajaj, managing director (MD) at Bajaj Auto

Rajiv Bajaj, managing director (MD), Bajaj Auto

Surajeet Das Gupta New Delhi

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Bajaj Auto Managing Director Rajiv Bajaj tells Surajeet Das Gupta in an e-mail interview that the FAME II subsidy is a flawed strategy. Edited excerpts:

Do you think the FAME subsidy was needed at all for revving up the electric two-wheeler industry?

In my 30+ years at Bajaj I've witnessed engine technology change from the simple 2-stroke single cylinder carburetted air-cooled era to sophisticated 4- stroke fuel-injected, multi-valve, multi-spark, multi-cylinder, liquid-cooled engines. I’ve simultaneously witnessed emission regulations go from non- existent to BS6 which is on a par with Euro 5, the world’s best.

Was there any government subsidy for this? Not a

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First Published: May 18 2023 | 11:04 PM IST

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