It’s curtains for Scooters India Ltd

New Delhi, January 21

The company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to close the loss-making firm, sources said.

The CCEA is believed to have given consent to shutting down of Lucknow-based firm at its meeting on Wednesday, they said. The Scooters India brand name shall be sold separately as the company holds famous brands such as Lambretta, Vijai Super, Vikram and Lambro. — PTI