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Rahul Bajaj s parting shot: Lockdowns ruin businesses SECTIONS Last Updated: Jul 01, 2021, 07:40 AM IST Share Synopsis Lockdowns to contain the Covid-19 pandemic destroy businesses, jobs and the economy without necessarily controlling the spread of the disease, Rahul Bajaj, former chairperson of Bajaj Auto, said in his last letter to shareholders. Agencies Lockdowns to contain the Covid-19 pandemic destroy businesses, jobs and the economy without necessarily controlling the spread of the disease, Rahul Bajaj, former chairperson of Bajaj Auto, said in his last letter to shareholders. The octogenarian retired in May after chairing the company s board for 49 years. “Let us also hope that we do not react to the epidemic by declaring more lockdowns, as we did the last time,” he said in the company’s latest annual report.

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