
Bajaj
Auto
Founded
in 1926, at the height of India's movement for independence from the
British, the group has an illustrious history. The integrity, dedication,
resourcefulness and determination to succeed which are characteristic
of the group today, are often traced back to its birth during those
days of relentless devotion to a common cause. 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 deep involvement in the independence movement did not leave
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 close to Gandhiji and it was only after Independence in 1947,
that he was able to give his full attention to the business. Kamalnayan
Bajaj not only consolidated the group, but also diversified into various
manufacturing activities.
The
present Chairman and Managing Director 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 Rs.72 million to Rs.46.16
billion (USD 936 million), its product portfolio has expanded from one
to 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 entrepreneurial spirit.