Bajaj Auto to sue TVS
Country's second largest two- wheeler manufacturer, Bajaj Auto Ltd is planning to sue south Indian rival TVS Motor Co for 'infringing' upon intellectual property rights of its patented digital twin spark ignition (DTSi) technology.
Bajaj Auto's move to sue TVS comes two days after the Chennai-based company announced plans to roll out its latest 125 cc bike 'Flame' with Controlled Combustion Variable Timing Intelligent (CC-VTi) technology.
"This is a case of IPR infringement issue. Prima facie we have a strong case. While we have had Chinese companies infringing our patented technology, this is the first time a fellow Indian company is doing it to us," Bajaj Auto Ltd (BAL) CEO (Two-Wheelers) S Sridhar told.
Bad news for TVS, their profit for the last quarter was only 7 crores and if Bajaj is successful with the law suit or manages to get a stay on the production of the new bike, it would be a big blow to TVS.