Rajiv Bajaj, managing director of Bajaj Auto, aims to "return the favour" to Hero Honda with the Freedom 125, the world's first CNG-powered motorcycle. Hero Honda revolutionized the scooter-dominated market 25 years ago with fuel-efficient motorcycles that offered 80 km per litre. Priced between Rs 95,000 and Rs 110,000, the Freedom 125 claims to cut operating costs by up to 50% compared to petrol bikes
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