How Rahul Bajaj kick-started middle-class’s dream ride

Akurdi was a backward area then, but the company — which had obtained a license from the government to manufacture two and three-wheelers (in pre-liberalisation era) and a partnership with Piaggio to manufacture Vespa scooters — bought land in Akurdi to avail of financial support and benefits for its factory.

from Auto-Industry-Economic Times https://ift.tt/spyPnXl