Bajaj Auto to raise prices by Rs 500 - Rs 5,000

Hike in the next few days, says Rajiv Bajaj

Motorcycle manufacturer Bajaj Auto will raise prices in the range of Rs 500 to Rs 5,000 in the next few days, Managing Director Rajiv Bajaj told CNBC TV18 on Thursday.

Bajaj said last month the company was likely to raise prices in the near-term to offset the impact of high input costs and a weak rupee, without disclosing by how much prices would increase.