If Renault walks away (from Bajaj' ULC), we can still sell our own four-wheeler. We would never develop something for someone else, who has a right to walk away, and we are left holding the baby. How can we possibly justify three years of development and have nothing to show for it? That would be the heights of irresponsibility to our shareholders.
Rajiv Bajaj, Managing Director of Bajaj Auto added after he revealed that Renault will be shown ULC prototypes his company developed later this year.
Source - thehindubusinessline.com