Company profile

The Bajaj Group is one of the leading business houses of India. Its business
interests span host of industries such as automobiles (two-wheelers and
three-wheelers), home appliances, lighting, iron and steel, insurance, travel
and finance. The Bajaj brand is well-known in over a dozen countries in
Europe, South America, the US and Asia. The Bajaj Group comprises 27
companies and its flagship company Bajaj Auto is ranked as the world's
fourth largest two- and three- wheeler manufacturer.
Bajaj Group was founded in 1926, at the height of India's movement for
independence from the British. Jamnalal Bajaj, founder of the group, was a
close associate of Mahatma Gandhi. Jamnalal Bajaj's close involvement in the
freedom movement did not leave him with much time for his business. In
1942, his son Kamalnayan Bajaj took charge of the business. He consolidated
the group and diversified into various manufacturing activities. Rahul Bajaj,
the present Chairman and Managing Director of the group took reins of the
business in 1965. Under his leadership the group has achieved new heights
and ranks among the top 10 business houses in India.
• * Bajaj Auto Ltd
•Bajaj Electricals Ltd
•Bajaj Auto Finance Ltd
• * Bajaj Allianz General Insurance Company
Ltd.: General Insurance Business.
• * Bajaj Allianz Life Insurance Company Ltd.:
Life Insurance Business.
 Competitors for bajaj

India is the second largest producer and manufacturer of two-wheelers in the world.
Indian two-wheeler industry has got spectacular growth in the last few years. Indian
two-wheeler industry had a small beginning in the early 50's. The Automobile
Products of India (API) started manufacturing scooters in the country.

Bikes are a major segment of Indian two wheeler industry, the other two being
scooters and mopeds. Indian companies are among the largest two-wheeler
manufacturers in the world. Hero Honda and Bajaj Auto are two of the Indian
companies that top the list of world companies manufacturing two-wheelers.
 Key players in the Two-wheeler Industry :

After facing its worst recession during the early 1990s, the two-wheeler industry bounced back
with a 25% increase in volume sales in February 1995. The scooters are considered as family
vehicles. There are many two-wheeler manufacturers in India. Major players in the 2-wheeler
industry are Hero Honda Motors Ltd (HHML), Bajaj Auto Ltd (Bajaj Auto) and TVS Motor
Company Ltd (TVS).

The other key players in the two-wheeler industry are Kinetic Motor Company Ltd (KMCL),
Kinetic Engineering Ltd (KEL), LML Ltd (LML), Yamaha Motors India Ltd (Yamaha), Majestic Auto
Ltd (Majestic Auto), Royal Enfield Ltd (REL) and Honda Motorcycle & Scooter India (P) Ltd (HMSI).
Change in the bajaj
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