AJAJ AUTO LTD.
The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over awide range of industries, spanning automobiles (two-wheelers and three-wheelers), homeAppliances, lighting, iron and steel, insurance, travel and finance. The group's flagship company,Bajaj Auto, is ranked as the world's fourth largest two- and three- wheeler manufacturer and theBajaj brand is well-known across several countries in Latin America, Africa, Middle East, South andSouth East Asia. Founded in 1926, at the height of India's movement for independence from theBritish, the group has an illustrious history. The integrity, dedication, resourcefulness anddetermination to succeed which are characteristic of the group today, are often traced back to itsbirth during those days of relentless devotion to a common cause. Jamnalal Bajaj, founder of thegroup, was a close confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him ashis son. This close relationship and his deep involvement in the independence movement did notleave Jamnalal Bajaj with much time to spend on his newly launched business venture.His son, Kamalnayan Bajaj, then 27, took over the reins of business in 1942. He too was closeto Gandhiji and it was only after Independence in 1947, that he was able to give his full attention tothe business. Kamalnayan Bajaj not only consolidated the group, but also diversified into variousmanufacturing activities. The present Chairman of the group, Rahul Bajaj, took charge of thebusiness in 1965. Under his leadership, the turnover of the Bajaj Auto the flagship company hasgone up from Rs.72 million to Rs.46.16 billion (USD 936 million), its product portfolio has expandedand the brand has found a global market. He is India's one of the most distinguished businessleaders and internationally respected for his business acumen and entrepreneurial spirit. Themanagement team comprises of following 4 major people. Rahul Bajaj ChairmanMadhur Bajaj Vice ChairmanRajiv Bajaj Managing DirectorSanjiv Bajaj Executive Director