Rakesh Sharma

Joint Managing Director (effective June 2026), Bajaj Auto

Search every verified Rakesh Sharma interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Rakesh Sharma, who became Joint Managing Director of Bajaj Auto in June 2026, has been discussing the company's performance and strategy in several media appearances. He stated that Bajaj Auto's electric vehicle business now contributes about 30% of domestic revenue, describing the electric scooter and three-wheeler segments as growing strongly. Sharma said the company plans to increase its total production capacity from approximately 7 million units per annum to over 9 million units, citing the demand outlook. He noted that exports have been a highlight, with a monthly run-rate above 250,000 units, though he attributed some shortfall in May 2026 to supply chain and logistics disruptions. Sharma commented on market conditions, saying the "bottom half of the market is really underperforming" while the 150cc-plus motorcycle segment was growing at 25%. He described the second quarter of FY27 as a "very busy quarter" focused on preparing a refreshed product lineup for the festive season starting in October. Regarding the Delhi electric vehicle policy, Sharma said the industry had been in dialogue with the government and expressed the view that allowing hybrid products would have made the policy "more balanced." He reiterated the company's existing policy of distributing 90% of profits through dividends and buybacks.