![]() ![]() “Owning a tricycle in these times could be impossible if not supported through micro finance banks and non-banking finance companies that come forward to support them through hire purchase. “Our customers are the ones who are most impacted by the pandemic as a lot of them are daily wage earners. ![]() Rohtagi, however, explained that the immediate task is to establish and forge long term partnership with the dealers and the value chain, hinting that about 5 million Nigerians would in the next five years be taken off the unemployment market through the “ecosystem.”Īccording to the Bajaj Auto Keke Ltd helmsman, Stallion Group is not unmindful of the need for finance packages to ease purchase of the tricles in view of the effect of the global economic downturn on many sectors even locally. “With similar brand ethos, we believe that this alliance will go a long way in empowering Nigerians to be self-reliant and improve the interests of the stakeholders, be it employees, dealers, distributors, vendors, mechanics, unions, logistic operators or bankers,” he remarked. On the other hand, the Managing Director disclosed that, loved in 70 countries, Bajaj is a world leader in the intra city vehicle space, in addition to standing for integrity, dedication, resourcefulness and determination to succeed. The Group also employs thousands of Nigerians directly and indirectly. In an interview in Lagos, Rohtagi described the partnership as economically beneficial, saying that as a time-tested conglomerate with over 50 years of impacting on the Nigerian economy, Stallion brand is now a household name touching lives daily with its long list of locally made products. This was the projection by Manish Rohtagi, Managing Director of Bajaj Auto Keke Ltd, a member of the Stallion Group, while giving insight into the new partnership between the popular conglomerate and the renowned three-wheeler brand for the distribution of its Keke Marwa in Nigeria. The award of the exclusive distributorship for the Bajaj 3Ws and 4Ws tricycle business in Nigeria to the Stallion Group will go a long way in empowering Nigerians to be self-reliant, in addition to impacting positively on the economy of the country.Ĭoming on board the Stallion Group stable also provides a veritable platform for Bajaj, a dominant tricycle brand with over 70 percent market share in many populous countries, to exploit its vast potentials for growth, and with time, re-enact its success story in the local market.
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