Bajaj Auto plans to produce more three-wheelers after road transport and highways minister Nitin Gadkari said auto-rickshaws running on alternative fuels will no longer need permits to ply. Bajaj Auto, which has an 86 per cent share in the three-wheeler market, intends to produce 10 lakh commercial vehicles every year that include three-wheelers and quadricycles, up from 8.4 lakh units currently. Investors will see how the company plans to expand its production line.
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