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Stifling innovation will turn 'Made in India' into 'Mad in India': Bajaj

He commented in backdrop of delay in permit for Bajaj Auto's quadricycle sale in India since 5 years

Press Trust of India  |  Mumbai 

Peeved at hurdles being faced by his company to launch its quadricycle in India, industrialist Rajiv Bajaj on Thursday said stifling of innovation by regulatory agencies will turn 'Made in India' into 'Mad in India', taking potshots at the Centre's flagship manufacturing initiative. "If your innovation in the country depends on the government approval or the judicial process, it will not be a case of 'Made in India', but 'Mad in India'. After five years, we are still waiting for permission to sell our four- wheeler in the country," the ...

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Stifling innovation will turn 'Made in India' into 'Mad in India': Bajaj

He commented in backdrop of delay in permit for Bajaj Auto's quadricycle sale in India since 5 years

He comments were in the backdrop of delay in permission for sale of Bajaj Auto's quadricycle in India since 5 years Peeved at hurdles being faced by his company to launch its quadricycle in India, industrialist Rajiv Bajaj on Thursday said stifling of innovation by regulatory agencies will turn 'Made in India' into 'Mad in India', taking potshots at the Centre's flagship manufacturing initiative. "If your innovation in the country depends on the government approval or the judicial process, it will not be a case of 'Made in India', but 'Mad in India'. After five years, we are still waiting for permission to sell our four- wheeler in the country," the ... image
Business Standard
177 22

Stifling innovation will turn 'Made in India' into 'Mad in India': Bajaj

He commented in backdrop of delay in permit for Bajaj Auto's quadricycle sale in India since 5 years

Peeved at hurdles being faced by his company to launch its quadricycle in India, industrialist Rajiv Bajaj on Thursday said stifling of innovation by regulatory agencies will turn 'Made in India' into 'Mad in India', taking potshots at the Centre's flagship manufacturing initiative. "If your innovation in the country depends on the government approval or the judicial process, it will not be a case of 'Made in India', but 'Mad in India'. After five years, we are still waiting for permission to sell our four- wheeler in the country," the ...

image
Business Standard
177 22