Bajaj Auto sees slowdown, may cut production

“We are preparing for a slowdown. This is the festive season, so demand is high but product rationalisation may happen from mid-November," Sanjiv Bajaj told reporters at a conference.

“Production cut is not a bad word for us."

Bajaj also said the company was extending credit directly to dealers and making faster payments to suppliers amid tight liquidity in the financial system.

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