Bajaj Group Founded by Jamnalal Bajaj in 1926, Mumbai. Bajaj Group Is One of The Oldest & Largest

Bajaj Group founded by Jamnalal Bajaj in 1926, Mumbai.
Bajaj Group is one of the oldest & largest conglomerates based in Mumbai, Maharashtra. The group comprises 34 companies & its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. Some of the notable companies are Bajaj Electricals, Mukand Ltd & Bajaj Hindusthan Ltd. Involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The Group is headed by Rahul Bajaj.
Bajaj Auto Limited is an Indian motorized vehicle-producing company. Bajaj Auto is a part of Bajaj Group. Its founded by Jamnalal Bajaj at Rajasthan in the 1930s. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttaranchal. The oldest plant at Akurdi (Pune) now houses the R&D centre Ahead. Bajaj Auto makes and exports automobiles,scooters, motorcycles and the auto rickshaw. Bajaj Auto is the world's third-largest manufacturer of motorcycles and second-largest in India. The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1,946. It features at 1639 in forbes 2011 list. Over the last decade, the company has successfully changed its image from a scooter manufacturer to a twowheeler manufacturer. Its product range encompasses scooterettes, scooters and motorcycles. Its real growth in numbers has come in the last four years after successful introduction of a few models in the motorcycle segment. The company is headed by Rahul Bajaj who is worth more than US$1.5 billion. Bajaj Auto came into existence on 29 November 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj near Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold one million vehicles in a year.
According to the authors of Globality: Competing with Everyone from Everywhere for Everything, Bajaj has grown operations in 50 countries by creating a line of value-for-money bikes targeted to the different preferences of entry-level buyers.
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Spinoffs and acquisitions

The demerger of Bajaj Auto Ltd into three separate corporate entitiesBajaj Finserv Ltd (BFL), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL)was completed with the shares listing on 26 May 2008.
In November 2007, Bajaj Auto acquired 14.5% stake in KTM Power Sports AG (holding company of KTM Sportmotorcycles AG) .The two companies have signed a cooperation deal, by which KTM will provide the know-how for joint development of the water-cooled four-stroke 125 and 250 cc engines, and Bajaj will take over the distribution of KTM products in India and some other Southeast Asian nations. Bajaj said it is open to taking a majority stake in KTM and is also looking at other takeover opportunities. On 8 January 2008, Managing Director Rajiv Bajaj confirmed the collaboration and announced his intention to gradually increase Bajaj's stake in KTM to 25%& continue to buy more share in KTM by 47% total by Apr 2012 .
Bajaj Auto Limited
Type
Public
Traded as
BSE: 532977, NSE: BAJAJ-AUTO BSE SENSEX Constituent
Industry
Automotive
Headquarters
Pune, Maharashtra, India
Key people
Rahul Bajaj (Chairman)
Products
Motorcycles, three-wheeler vehicles and cars
Revenue
16,974 crore (US$3.07 billion)(2011)
Net income
3,454 crore (US$625.17 million)(2011)
Employees
10,250 (2006-07)
Parent
Bajaj Group
Website
www.bajajauto.com
Products
List of Bajaj Auto products
Bajaj has made a number of motorcycles, scooters and cars. Motorcycles in current production are the XCD, Platina, Discover, Pulsar and Avenger. Bajaj also Distributes many motorcycles in India for other manufacturers, such as the Kawasaki Ninja 250R,
[11]
, the Ninja 650R and new for 2012, the KTM
Duke 200. Cars include the Bajaj ULC ultra-low-cost car.
Low cost cars

In 2010, Bajaj Auto announced the cooperation with Renault and Nissan Motor to develop of a US$ 2,500 car, aiming at a fuel-efficiency of 30 kilometres per litre (85 mpg-imp; 71 mpg-US) (3.3 L/100 km), or twice an average small car, and carbon dioxide emissions of 100 g/km. On 3 January 2012, Bajaj auto unveiled the Bajaj RE60, a mini car for intra-city urban transportation. The target customer group will be Bajaj's three-wheeler customers. According to Managing Director Rajiv Bajaj, the Bajaj RE60 powered by a new 200 cc rear mounted petrol engine will have a top speed of 70 kilometres per hour (43 mph), a mileage of 35 kilometres per litre (99 mpg-imp; 82 mpg-US) and carbon dioxide emissions of 60 g/km.

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Bajaj Group Founded by Jamnalal Bajaj in 1926, Mumbai. Bajaj Group Is One of The Oldest & Largest

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Bajaj Group founded by Jamnalal Bajaj in 1926, Mumbai.

Spinoffs and acquisitions

Bajaj Auto Limited

BSE: 532977, NSE: BAJAJ-AUTO BSE SENSEX Constituent

Pune, Maharashtra, India

Rahul Bajaj (Chairman)

Motorcycles, three-wheeler vehicles and cars

16,974 crore (US$3.07 billion)(2011)

3,454 crore (US$625.17 million)(2011)

, the Ninja 650R and new for 2012, the KTM

Duke 200. Cars include the Bajaj ULC ultra-low-cost car.

Low cost cars

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