Indian twins become billionaires riding family’s Bajaj scooter draft - News Summed Up

Indian twins become billionaires riding family’s Bajaj scooter draft


Hong Kong/Mumbai: The twin great grandsons of Mahatma Gandhi’s “fifth son” have become billionaires riding the draft of their uncle’s motorcycle business. Both companies have long counted their uncle’s Bajaj Auto Ltd as their biggest customer. “Bajaj Auto has always insisted on better quality and lower cost. High gearIt was the scooter business that kicked the family fortune into high gear. “What matters are results,” Rahul recalled telling his eldest son after he hatched a plan to improve margins by abandoning the scooter business.


Source: Mint May 16, 2017 05:26 UTC



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