Bajaj Auto, based like Tata Motors in Pune, is another developing-country brand going global.

ECONOMIST: A new breed of multinational company has emerged

Bajaj Auto, a maker of scooters, motorcycles and three-wheelers, has had a similar experience with liberalisation.

ECONOMIST: Few hands make work light

Cigarette maker ITC gained 0.4% to 305.45 rupees, while two wheeler manufacturer Bajaj auto rose 1.2% to 1835.40 rupees.

WSJ: India Shares Fall on Political Worries

Its Bajaj Auto, India's second-largest motorcycle maker, run by sons Rajiv and Sanjiv, is closing gap with rival Hero Honda.

FORBES: Magazine Article

Losers were led by Bajaj Auto, maker of two- and three-wheel vehicles, down 7.4% despite a jump in sales for December.

WSJ: Asia Mixed in Thin Holiday Trading

Rising costs, intense competition from Bajaj Auto dented net margin, stock price.

FORBES: Magazine Article

Having sold 3.7 million vehicles for the fiscal year, mostly motorcycles, Hero Honda widened its lead over rival Bajaj Auto and took a 57% share of India's motorcycle market.

FORBES: Magazine Article

And because of its low price and icon status, Tata's new model should also swipe customers from Hero Honda and other two- and three-wheel manufacturers like Bajaj Auto and TVS Motor.

FORBES: Magazine Article