Professional Documents
Culture Documents
BUSINESS LEADER
RAHUL BAJAJ
DEVELOPED BY
ANKIT BALI
POOJA KOUL
RITIKA SANGRAL
VIVEK SHARMA
INTRODUCTION
Rahul Bajaj
Rahul Bajaj (b. June 10, 1938) is an Honours Graduate in Economics and Law and did his MBA
from Harvard Business School. He has been the Chief Executive Officer of Bajaj Auto since 1968,
in which year the annual turnover was around Rs.72 million. In 2007-08, the Company's annual
turnover was over Rs. 100 billion (US$ 2.45 billion). Bajaj Auto is India's premier two & three-
wheeler company.
Bajaj Auto is part of the Bajaj Group, which employs over 20,000 people with a turnover of over
US $ 3.20 billion. The Group manufactures and markets a range of products and services in India
and abroad including 2 and 3-wheelers, home appliances, lamps, wind energy, special alloy and
stainless steel, castings, cranes, forgings, infrastructure development, material handling
equipment, travel, general
and life insurance and investment & financial services. Market capitalization of the group at
present is over US $ 8
billion.
BACKGROUNDS
Jamnalal Bajaj, founder of the group, was a close confidant and
disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as
his son. This close relationship and his involvement in the
independence movement did not leave Jamnalal Bajaj with much
time to spend on his newly launched business venture.
His son , Kamalayan Bajaj , then 27 , took over the reigns of business in
1942 . He too was close to Gandhiji and it was only after Independence
in 1947, that he able to give his full attention to the business .
Kamalyan Bajaj not only cosolidated the group, but also diversified into
various manufacturing activities. The present chairman of the group,
Rahul Bajaj, took charge of the business in 1965. Under his leadership,
the turnover of the bajaj Auto the flagship company has gone up from
, INR.72 million to INR.120 billion , its product portfolio has expanded
and the brand has found a global market. He is one of India’s most
distinguished business leaders and internationally respected for his
business acumen and enterpreneurial spirti.
ACHIVEMENTS
In recognition of his contribution to the automotive industry, the Government of India appointed Mr.
Bajaj as the Chairman of the Development Council for Automobiles and Allied Industries, 1975-77.
In 1975, Mr. Bajaj received the “Man of the Year” Award from the National Institution of Quality
Assurance.
Mr. Bajaj was selected as Business India's Businessman of the Year 1985.
In 1988, Mr. Bajaj was felicitated for his achievements in a public function by the Pune Municipal
Corporation.
Mr. Bajaj was Chairman of Indian Airlines between 1986-89.
Mr. Bajaj received the Bombay Management Association Award for The Most Distinguished Services
in the Field of Management - 1990.
Mr. Bajaj was appointed by the Government of India as the Chairman of Technology Development
Advisory Group on 'Technology Trends in Automobiles' - August 1991.
Mr. Bajaj was appointed by His Royal Highness, The Prince of Wales as a Member of the Prince of
Wales International Business Leaders Forum in February 1992.
Mr. Bajaj was appointed by the Government of India as a Member of Indo-German
Consultative Group in August 1992.
FIE Foundation awarded Mr. Bajaj the Rashtrabhushan Award in 1996. Lokmanya Tilak
Smarak Trust awarded Mr. Bajaj the Tilak Award in 2000.
Mr. Bajaj was awarded the 'Padma Bhushan' by the President of India in March 2001.
Mr. Bajaj was awarded the Jeevan Sadhana Gaurav Puraskar by the Pune University for
2002 and he was the first person to be inducted by the ICICI Bank and the leading
automotive magazine, Overdrive, in the Indian Automotive Hall of Pride – 2003.
President of India nominated Mr. Bajaj as the Chairman of the Board of Governors of
the Indian Institute of Technology (IIT), Bombay on 12th May, 2003 for a period of 3
years.
Mr. Bajaj was conferred four Doctorates (Honoris Causa) by different Universities
including IIT Roorkee.
He was also conferred the Alumni Achievement Award by the Harvard Business School
in September 2005.
Mr. Bajaj was elected to the Upper House of Parliament (Rajya Sabha) from
Maharashtra in June 2006.
Mr. Bajaj was awarded the Marathwada Mitra Puraskar by Marathwada Lok Vikas Manch
in June 2006.
Mr. Bajaj was awarded the JRD Tata Corporate Leadership Award by All India
Management Association in February 2007.
STATUS / POSITION IN THE SOCIETY
Chairman
Bajaj Auto LtdBajaj Finserv Limited
Bajaj Holdings & Investments Ltd.
Bajaj Auto Finance Limited.
Bajaj Allianz Gen. Insurance Co. Limited
Bajaj Allianz Life Insurance Co. Limited
Past President
Confederation of Indian Industry (CII) (1979-80/1999-2000).
Past Chairman
CII’s Task Force on Corporate Governance.
Member
National Council & Past Presidents’ Council, CII
Former President
Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA)
1999
1999 Caliber motorcycle notches up 100,000 sales in record time of 12 months.
1998
1998 Production commences at Chakan plant.
June Kawasaki Bajaj Caliber rolls out of Waluj.
July Legend, India's first four-stroke scooter rolls out of Akurdi.
October Spirit launched.
1997
1997 The Kawasaki Bajaj Boxer and the RE diesel Autorickshaw are introduced.
COMPANY KEY POLICIES
FACTORY
Plants
Bajaj Auto's has in all three plants, two at Waluj and Chakan in Maharashtra and one
plant at Pant Nagar in Uttranchal, western India.
Waluj
Chakan
Pant Nagar
Bajaj range of motorcycles and three-wheelers
Bajaj range of motorcycles
Bajaj range of motorcycles
Plant Locations
Bajaj Auto plants are located at:
Bajaj Nagar, Waluj, Aurangabad 431 136
MIDC, Plot No A1, Mahalunge Village, Chakan 410 501 Dist. Pune
Plot No. 2, Sector 10 Phase -II - E, Pant Nagar, Sidcul, Rudrapur Dist. Udhamsingh
Nagar Uttranchal