Bajaj Auto had warned of legal action against TVS for infringing on its patented technology. Following this, TVS filed a Rs 250-crore defamation suit against Bajaj Auto in Bombay High Court and another one in Madras High Court under the patent law.
Bajaj Auto claims the DTSi technology was registered in July 2002 under patent number 195904. The technology uses two spark plugs at the two ends of the chamber, enabling faster combustion and efficient burning of the fuel-air mixture.
An analyst said the injunction was a disappointment for TVS as the country’s third-largest motorcycle manufacturer had expected the product to provide a boost to its sales.
The important thing to remember is that the Bajaj family no longer can survive merely on "Bombay Club" (the name of the lobby group started by Rahul Bajaj the doyen and founding father of this group, to lobby agaisnt entry of multinationals in India and for affording them a treatment no better than that given to Indian companies, which became very popular in the 80s) largesse by manipulating governement policies. Now they have to live and earn laurels by their wits and their hard work. Kudos to Indian indsutry to be able to come of age. Here is a case, not of a Japanese manufacturer trying to obtain a level playing field in India, but of two Indian companies competing over IPRs. This is truly an achievement for India. Bajaj should keep working hard. They can do it. So can TVS. Lets see who wins the IPR contest and the mobike race? Vroooooooooooooooooooom.............................
|