Bajaj Auto would be stepping into clean fuel by developing a range of CNG motorcycles, and the first motorcycle would make its way to the market in June, Bajaj Auto Managing Director Rajiv Bajaj said on Friday.
A forthcoming bike would run on CNG and would be aimed at mileage-conscious consumers, and it would “launch under a different brand,” he said. Because the bike has a particular tank that can accommodate both petrol and CNG filling options to make it very handy for customers, the CNG is likely to be costlier.
Bajaj also said that the iconic Pulsar, first revealed 20 years ago, will soon hit the 2 million units sold mark. Marking a significant move, the Bajaj Group pledged Rs 5,000 crore for social impact initiatives over the following 5 years, including the creation of lakhs of jobs.
The focus of this investment is on skill development, and the overall plan falls under “Bajaj Beyond,” a new name for the group’s CSR, and giving back activities. “This will help over 2 crores of tomorrow’s youth, giving them the skills and certifications they need to benefit from the job and entrepreneurship opportunities growing rapidly in our economy,” stated Niraj Bajaj, Chairman of Bajaj Auto.
He added, “The Bajaj Group, with a history of more than 90 years, has an ingrained ethos around doing well and doing good. In the last decade alone, it has contributed nearly ₹ 4000 crores in CSR focussed largely on skilling and education, health, livelihood, water conservation, and many other areas of development.”
Bajaj Group’s CSR components are pursued through organizations such as Jamnalal Bajaj Foundation, Jankidevi Bajaj Gram Vikas Sanstha, and Kamalnayan Bajaj Hospital.