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Jugaad can also refer to a quadricycle, a means of transportation in north India, made of wooden planks and old SUV parts, variously known as kuddukka and pietereda. However, jugaad could be used as a term for any low cost vehicle which typically costs around Rs. 50,000 (about US$800).
They are known for poor brakes, and cannot go faster than about 60 km/h (37 mph). The vehicle often carries more than 20 people at a time in remote locations and poor road conditions. Today, a jugaad is one of the most cost-effective transportation solutions for rural Indians.
Companies in Southeast Asia are adopting jugaad as a practise to reduce research and development costs. Jugaad also applies to any kind of creative and out-of-the-box thinking or life hacks that maximize resources for a company and its stakeholders