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Ansh Kadam

Founder & CEO at Bui...Ā ā€¢Ā 1m

Here is how Bajaj Captured 70% of the 3-Wheeler Auto Market in India. No matter which state you are in, the yellow autos are everywhere. And guess what? Bajaj almost has a monopoly over them, holding 65% market share while its closest competitor, Piaggio, sits at just 20%. But how did this happen? It all started in 1972 when Bajaj had already conquered the scooter market with the legendary Bajaj Chetak. Seeing an opportunity in the passenger three-wheeler auto segment, Rahul Bajaj entered the market. At that time, auto-rickshaws had a front-engine design, meaning the engine sat right under the driverā€™s seat. This led to: šŸš« Poor weight balance ā€“ making the ride unstable šŸš« Difficulty in engine repairs ā€“ since everything was crammed in the front šŸš« Inefficient cooling ā€“ overheating became a major issue šŸš« And worst of allā€¦ the driverā€™s seat was literally on fire due to the engine!šŸ”„ Rahul Bajaj had a simple yet genius solution ā€“ move the engine to the back! With the launch of the Bajaj RE (Rear Engine) model, everything changed: āœ… Better weight distribution ā€“ a more stable ride āœ… Easier engine maintenance ā€“ mechanics could access it quickly āœ… Improved cooling efficiency ā€“ no more overheating āœ… And most importantlyā€¦ no more roasted drivers! But Bajaj didnā€™t stop there. They invested heavily in R&D, improving engine efficiency, cutting costs, and extending engine life. The result? A vehicle that was not just cheaper but also the most reliable in the market. And this single design change secured Bajajā€™s dominance in the industry, a lead that continues to this day. šŸ’” Business Lesson? A small but strategic change can completely shift the market in your favor. If youā€™re running a business, always ask yourself: šŸš€ Where is the friction in my industry? šŸš€ Whatā€™s a simple but high-impact solution? šŸš€ How can I make my product more reliable and cost-effective? Smart innovation isnā€™t about making things complex. Itā€™s about making things simpler, better, and more efficient. For more solid insights on business, startups, and growth strategies, subscribe to my newsletter. Link in the comments! šŸš€

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