MEIS scheme capping may impact Bajaj Auto’s export competitiveness

Bajaj Auto claims this move will impact its competitiveness versus Chinese and Japanese OEMs in overseas markets; urges government through SIAM to take corrective measures.

24 Oct 2020 | 7231 Views | By Shahkar Abidi

Bajaj Auto has been hit hard by the capping of MEIS (Merchandise Exports from India Scheme) in early September. The development has not only thinned the company's overall margins but is also impacting its competitiveness against Japanese and Chinese players in overseas markets.

Concerned over the development, the company has ...

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