Rajiv Bajaj criticised as Bike Plant affected by Corona

Rajiv Bajaj made a controversial statement a few weeks ago

A draconian lockdown flattened the wrong curve as it decimated the GDP and economy

As Rajiv Bajaj waded into the lockdown decision, many supporters of PM Modi were deeply upset not just due to the comments but because these comments were made in a conversation with Rahul Gandhi

How is Rajiv Bajaj’s Company Performing?

Bajaj Auto Sales had plunged 70% in May while the stock price is down 9% year to date (NIFTY is down 15% year to date)

The Waluj plant that was affected is focussed on Exports. While Bajaj was struggling in the domestic market on account of Corona Lockdown, exports had fallen only by half. Bajaj sold 94000 two wheelers internationally in May.

Today there was news that Bajaj Auto’s Aurangabad factory had to be shut due to mass corona cases

BAJAJ AUTO: CO AURANGABAD FACTORY HAS BEEN SHUT AFTER REPORTEDLY, 79 EMPLOYEES TESTED POSITIVE FOR COVID-19.
— Redbox India (@REDBOXINDIA) June 26, 2020

This led to a spate of comments from right wing twitter handles questioning the wisdom of Mr. Bajaj’s comments early this month

Rishi Bagree, a prominent Right Wing Handle asked Mr. Bajaj if he now understood why the lockdown was imposed

Hopefully Rajiv Bajaj must have got his answer on why lockdown was imposed on the nation pic.twitter.com/eUSuKqgSGT
— Rishi Bagree 🇮🇳 (@rishibagree) June 26, 2020

Mr. Siddharth Shirole, MLA from Pune Shivaji Nagar pointed out to the Bajaj situation and laid out reasons why a Lockdown was necessary

This is not an “I told you so” post, but its about reminding cynics,the Modi-haters, the arm chair epidemiologists who had called the #Lockdown a draconian measure & advocated sacrificing the lives of our elders and vulnerable for their so called version of greater good. (1/4)
— Siddharth Shirole (@SidShirole) June 26, 2020

Other supporters of PM Modi were upset with Rajiv Bajaj

Heard someone named Rajiv Bajaj (some bigshot at #BajajAuto, probably) on TV, criticize govt decision to implement #Lockdown a couple of months ago. What does that #Bajaj morons have to say now?#Covid_19 https://t.co/Hw8W1GUcGh
— Vijay Thakkar (@_VijayThakkar) June 26, 2020

In the meanwhile Bajaj Auto announced that the Waluj Plant continues to function.

Bajaj Auto denies reports that a large number of Covid-19 cases resulted in the shutdown of its Waluj-Aurangabad plant in Maharashtra.

Company states: "We want to clarify that our manufacturing facility at Waluj is functioning normally"@NewIndianXpress @arshad_0210 pic.twitter.com/visSNmgXDB
— TNIE Business (@TNIEBiz) June 26, 2020

So far, unlock-1 has been quite tough for India. 3 Lakh cases were added in the first 25 days of June. This is double of what was added in the whole of May. We have 5 more days to go in June. While there has been intense criticism of Rajiv Bajaj, the reality is that the economy is in serious trouble and unless businesses return to normal quickly, many livelihoods could be lost forever!

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