A financial conglomerate, a bank and a motorcycle manufacturer are three new entrants from India to Forbes Asia's Fab 50 list: 1. Bajaj Finserv is a company based in Pune, 91 miles east of Mumbai, which holds stakes in: Bajaj Finance, Bajaj Allianz General Insurance, and Bajaj Allianz Life Insurance....
Polaris JV Produces Low-Cost Mini-Pickup for India
A joint venture between Polaris Industries based in Medina, Minnesota and India’s Eicher Motors has designed a purpose-built vehicle that has a three-fold function: a family car, a pickup van, and a power generator. Priced at $3,670 the Multix has a “tubular frame structure and roll-over protection system that provides...
Polaris and Eicher Motors Aim to Enter the Small Car Segment in India
Minnesota-based Polaris, maker of all-terrain vehicles, has entered into a joint venture with Eicher Motors India, to build a personal vehicle with a 600cc diesel engine. The double cabin micro pickup and multipurpose van is targeted for sale to small farmers and small business owners. To make the vehicle affordable,...