Bajaj Auto plans to roll out four-wheeler

It is not so much of a car, but a vehicle that Bajaj Auto will use to fight against biggies like Tata Motors and Maruti, reports CNBC-TV18.

Not too long from now, Bajaj Auto will go for a slice of the Indian passenger vehicle market.

Bajaj is developing a six or eight-seater vehicle that could compete with Maruti's Omni van or even the more recently launched Tata's Ace Magic.

It will be Bajaj's debut in the four-wheeler market. But the company's managing director Rajiv Bajaj is sure about its success against rivals like Tata Motor's Ace Magic.

Says Bajaj,  "The product can be loosely called a van, like Maruti Omni."