Atul Auto Limited expanded its product portfolio by launching the new-generation RIK autorickshaw for the Gujarat market. The all-new Atul RIK is available in three fuel variants, including Autogas and natural gas.

The Indian three-wheeler manufacturer claims that the RIK platform was perceived after extensive research keeping in mind the customer requirements both for the domestic and international markets. The deliveries will begin from April 2021, for India and international markets.

For better Return on Investment (ROI), the company has offered its customers a special scheme, thereby making an attractive value proposition in this space. In addition, the new Atul RIK LPG and CNG variants come with 36 months (unlimited km) super warranty.

The President Finance, Shri J V Adhia commented: “Atul Auto Limited will strongly back RIK CNG/LPG at all locations with Khushbu Auto Finance (KAFL), the NBFC associate concern of AAL along with other retail finance partners.”

“The small & midsize segment alternative fuel is already showing strong growth indicators fuelled by rising diesel prices, pollution concerns and the opening up of Metros and suburban railways. Gujarat is our forte and we are targeting a minimum 25% market share,” added the Vice President, Sales & Marketing, Pushkar Sinha.

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17 March 2021