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Our Bureau

Mumbai , March 7

Bajaj Auto, sitting on surplus funds of over Rs 7,000 crore, was inundated with offers to diversify from telecommunications and power generation to software but stuck to core business of automobiles.

"Thus, we have remained true to swadharma," said Mr Rahul Bajaj, Chairman, Bajaj Auto, while addressing an annual conference on quality at the India Merchants' Chamber here.

Mr Bajaj said that any company, which wants to survive, must have quality and service orientation. The automotive sector was in its death throes with some of the major American automotive manufacturers on the verge of bankruptcy, he said.

More Stories on : Events | Standards & Benchmarks | Bajaj Auto Ltd

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