Image source: The Financial Express
Bajaj Auto’s main goal with the Freedom 125 is to focus on the domestic market. In any case, the firm intends to expand its worldwide reach, with potential exports to six nations that have established CNG infrastructure.
“Our initial focus will be India, which is a massive market in itself,” stated Rakesh Sharma, Executive Director at Bajaj Auto, recognizing the limited worldwide reach of CNG refuelling networks. “A few stand out: Egypt, Tanzania, Peru, Colombia, Bangladesh and Indonesia.”
Sharma further stated, “Once we’ve established a strong presence in India, we’ll begin exploring these markets.” This strategic plan relies on Bajaj’s experience in the CNG market. The company currently provides bi-fuel CNG options for its three-wheeler lineup and the CNG-powered Qute is set to enter places such as Egypt.
The Freedom 125 will first be introduced in places like Maharashtra and Gujarat that have strong CNG networks. Production is expected to start with a capacity of 10,000 units in the first 2-3 months, with the firm aiming to rise to 30,000-40,000 units by the end of the financial year.
Bajaj, India’s leading two-wheeler exporter, usually exports 35-40 percent of its entire two-wheeler sales.
