Bajaj looking at setting up a new plant in Chakan, Pune by 2016

Bajaj Auto is looking at adding another plant in Chakan, Pune. The Pune-based automaker's MD, Rajiv Bajaj, in an interview with CNBC-TV18 said that the current plant may outlast its production capacity in the next 12-18 months and hence the need for another facility. The new facility could be located near the old one. However work on the same will start from 2016. Bajaj didn't comment about a timeline as to when the new facility should be up and running. He did however say that the new plant will have an initial capacity of around 50,000 units per month or 6 lakh units annually.

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Updated Date: May 03, 2015 19:15:29 IST