Quadricycles: Rivals trying to stifle innovation, says Rajiv Bajaj

Terming the opposition to quadricycle as stifling innovation, Bajaj Auto managing director Rajiv Bajaj today said his company has invested time and money in developing RE60 while others have been complacent. "We have made a different product, an innovation and we cannot be penalised by delaying its launch. Policy should not be a hurdle for innovation. The government must encourage innovation and when policy comes in the way, it ...