The Venture Intelligence Blog

From the Business Today cover story profile of the Bajaj Auto Managing Director in the context of Bajaj Auto's plans to launch a controversial Quadricyle: The company had already proved itself to be an outlier by not taking on an equity partner who would feed it technology. Each of its rivals had one. Hero and Kinetic had Honda, TVS had Suzuki, Escorts had Yamaha and LML had Piaggio. Bajaj had Kawasaki, but only as a technology supplier, with no equity. "Not having an equity partner that provided the technology, such as Honda for Hero, gave us the opportunity to learn. What we got was technical drawings from Kawasaki. The process, the why and the how, and the manufacturing were not transferred completely from Kawasaki. We made mistakes, but we learned," says Joe.... By the turn of the century, Bajaj began to become self-reliant in technology. The last motorcycle it built with Kawasaki's technology was the Eliminator in 1999. ...The well wishers of In...

From the press release: Taurus Flexibles have announced their strategic association with Spain based Cikautxo s. Coop and Mondragon S. Coop to augment the manufacturing of rubber and plastic hoses for the automotive segment for international and domestic markets. This tie-up is being achieved by the acquisition of 50% stake in Taurus’ wholly owned EOU subsidiary in Pune created from the transfer of assets from the parent group. The joint venture company is called Cikautxo Taurus Flexibles Private Ltd. and has an estimated networth of Rs. 34 crores. Taurus Flexibles is a Rs. 200 crores reputed domestic manufacturer of automotive tubes and hoses with an impressive track record, while with € 220 million turnover, Cikautxo s. Coop of Spain designs and manufactures parts and assemblies for diverse applications for the automotive industry. The company holds the repute of proving service to leading automobile companies in the world. Commenting about the deal, Rishi Kshettry, CEO, Cikautxo T...