Dalian: Bajaj Auto has not yet decided on its car venture in India and is still scouting for a “right partner” to enter the Chinese market for two and three-wheelers, a senior company executive has said.
“We have talked to a few players over the last couple of years,” Sanjiv Bajaj, executive director, Bajaj Auto Ltd, told PTI here on the sidelines of the Inaugural Annual Meeting of the New Champions held here in the northeast Chinese port city.
“We know it is important to find a good local partner in China, one who can think long-term and as the same way as us,” Bajaj said, indicating that the Pune-based company would be choosy in finding the right match in China.
“We are looking to build a high-quality business in China. We have not yet found someone,” he said.
“We will enter China at the right time when we find a right partner,” he added.
Bajaj said that they are sourcing alloy wheel for the motorcycles in China.
“On the other hand, some Chinese companies have copied some of our motorcycles infringing our design rights in Sri Lanka,” he said, stressing that the company has filed a case in a Sri Lankan court and won the case.
The Chinese company, Taian Chiran Machinery Co had copied the design of one of Bajaj’s most popular motorcycle models, Pulsar.
“We have seen copies of that in Sri Lanka. We took legal action in Sri Lanka and won the case,” he said.