'Made in India' is becoming 'Mad in India', says Rajiv Bajaj

Bajaj Auto Managing Director Rajiv Bajaj on Thursday said stifling innovation will turn 'Made in India' into 'Mad in India'. "If your innovation...depends on government approval...it will not be a case of 'Made in India', but 'Mad in India'," Bajaj said, adding that India is the only country that has not given the company permission to sell its four-wheeler.