Bajaj Auto is keeping itself busy with the planned launch of the first CNG motorcycle in June and has also committed Rs 5,000 crores to CSR initiatives
We all know that Bajaj is planning to launch the world’s first CNG-powered motorcycle and they wish to have a lineup of it and do not plan to restrict themselves to only one model. Interestingly, all the CNG-powered motorcycles will be launched under a sub-brand under Bajaj.
The latest update is that the Managing Director of Bajaj Auto, Mr Rajiv Bajaj has confirmed that the first motorcycle under the sub-brand will be launching in June this year. While mentioning the details of the launch, Rajiv Bajaj also mentioned the Bajaj Group’s commitment of a staggering Rs 5,000 crores towards Corporate Social Responsibility (CSR) initiatives that will be spent over the next 5 years.
Regarding the bike, it will be a treat for mileage-minded customers and as mentioned previously, it will be launched as a different brand under Bajaj. Initially, at least, we expect these motorcycles to be priced slightly higher than the petrol-only motorcycles as their cost of manufacturing apart from the specially designed tanks that will provide CNG and petrol fuel options.
Concerning the CSR initiatives, Bajaj Auto’s Chairman Niraj Bajaj said that the initiatives will benefit more than 2 crore youths in the next five years and enable them to take advantage of the employment and entrepreneurial opportunities that will be offered by India’s rapidly growing economy.
The Bajaj group’s humanitarian efforts are directed through several institutions. The Jamnalal Bajaj Foundation, Jankidevi Bajaj Gram Vikas Sanstha, and the Kamalnayan Bajaj Hospital have worked to uplift and empower several communities.
Rajiv Bajaj also expressed how launching the Bajaj Engineering Skills Training (BEST) last year has been a valuable learning experience for the company as it gave them a better understanding of the gap between the theoretical education that the workforce receives and the practical skills needed in the manufacturing industry. Based on the results and insights of this program, it has expanded the necessary skills training across the board and several groups.