Rahul Bajaj
Encyclopedia
Rahul Bajaj is an Indian businessman, politician and philanthropist. He is the chairman of Indian conglomerate Bajaj Group
and member of parliament. Bajaj comes from the business house started by a Rajasthan
i Marwadi businessman Jamnalal Bajaj
. The US$ 1.32 Billion Bajaj Auto
is his flagship company. He was awarded the third highest civilian award Padma Bhushan
in 2001.
His net worth is estimated to be at US$1.6 billion. He is currently listed 34th on the Forbes
list of richest people in India.
in USA, St. Stephen's College, Delhi
, Government Law College, Mumbai
and Cathedral and John Connon School
.
He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover of the Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. Rahul Bajaj created one of India's best companies in the difficult days of the licence-permit raj. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in India and its Chetak brand had a 10-year waiting period.
Rahul Bajaj is the Chairman and Managing Director of the Bajaj group, which has been named amongst India's top ten business groups. He is one of India's renowned industrialists and is internationally respected for his business expertise and entrepreneurial character.
Rahul Bajaj comes from the family of Jamna Lal Bajaj. Rahul is the grandson of Jamna Lal Bajaj, who founded the Bajaj Group. Shishir Bajaj is the brother of Rahul Bajaj. Rahul Bajaj has two sons, Rajiv Bajaj and Sanjiv Bajaj, and daughter Sunaina Kejriwal. His sons Rajiv and Sanjiv Bajaj manage his companies. Rahul Bajaj completed his schooling from Cathedral, a school in Bombay. Then he further pursed his studies from St Stephen's College, Delhi and Harvard University, USA.
He took over control of the Bajaj Group in 1965 and successfully established one of India's best companies. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was India's topmost scooter making company. After ten years of Bajaj Auto's success Chetak was launched. Bajaj Auto had to face many challenges with the liberalization of the Indian economy.
The slump in the sale of scooters and the downfall of the stock market of 2001 hit the company hard. It was forecast by some business analysts that Bajaj industries would have to shut down soon. But without losing hope Rahul Bajaj with his business expertise re-established the battered company. He established another factory in Chakan, invested in R&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is presently a leader in its sector.
In June 2006, Rahul Bajaj was elected as a Rajya Sabha MP from Maharashtra.
Bajaj Group
Bajaj Group is an Indian conglomerate 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 & three wheeler...
and member of parliament. Bajaj comes from the business house started by a Rajasthan
Rajasthan
Rājasthān the land of Rajasthanis, , is the largest state of the Republic of India by area. It is located in the northwest of India. It encompasses most of the area of the large, inhospitable Great Indian Desert , which has an edge paralleling the Sutlej-Indus river valley along its border with...
i Marwadi businessman Jamnalal Bajaj
Jamnalal Bajaj
Jamnalal Bajaj was an Indian industrialist, a philanthropist, and Indian independence fighter. He was also a close associate and follower of Mahatma Gandhi. Gandhi is known to have adopted him as his son. Several institutions in India bears his name, including the Jamnalal Bajaj Institute of...
. The US$ 1.32 Billion Bajaj Auto
Bajaj Auto
Bajaj Auto is a major Indian vehicle manufacturer started by Jamnalal Bajaj from Rajasthan in the 1930s. It is based in Pune, Maharashtra, with plants in Chakan , Waluj and Pantnagar in Uttaranchal. The oldest plant at Akurdi now houses the R&D centre Ahead...
is his flagship company. He was awarded the third highest civilian award Padma Bhushan
Padma Bhushan
The Padma Bhushan is the third highest civilian award in the Republic of India, after the Bharat Ratna and the Padma Vibhushan, but comes before the Padma Shri. It is awarded by the Government of India.-History:...
in 2001.
His net worth is estimated to be at US$1.6 billion. He is currently listed 34th on the Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
list of richest people in India.
Early life
Rahul Bajaj is an alumnus of Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
in USA, St. Stephen's College, Delhi
St. Stephen's College, Delhi
St. Stephen's College is a constituent college of the University of Delhi located in Delhi, India. The college admits both undergraduates and post-graduates, and awards degrees under the purview of the University. Famous for its rich history and many traditions, St...
, Government Law College, Mumbai
Government Law College, Mumbai
The Government Law College, also known as GLC and located in Mumbai, India, is the oldest and one of the most distinguished law schools in India...
and Cathedral and John Connon School
Cathedral and John Connon School
The Cathedral and John Connon School is a co-educational, private school located in Mumbai, Maharashtra, India, established in 1860.According to the Education World-C fore Survey of Schools 2010, the school has been ranked first in the all India ranking of the best schools in India.It was ranked...
.
He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover of the Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. Rahul Bajaj created one of India's best companies in the difficult days of the licence-permit raj. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in India and its Chetak brand had a 10-year waiting period.
Personal life
His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. His daughter Sunaina Kejriwal is married to Manish Kejriwal who heads Temasek India.Rahul Bajaj is the Chairman and Managing Director of the Bajaj group, which has been named amongst India's top ten business groups. He is one of India's renowned industrialists and is internationally respected for his business expertise and entrepreneurial character.
Rahul Bajaj comes from the family of Jamna Lal Bajaj. Rahul is the grandson of Jamna Lal Bajaj, who founded the Bajaj Group. Shishir Bajaj is the brother of Rahul Bajaj. Rahul Bajaj has two sons, Rajiv Bajaj and Sanjiv Bajaj, and daughter Sunaina Kejriwal. His sons Rajiv and Sanjiv Bajaj manage his companies. Rahul Bajaj completed his schooling from Cathedral, a school in Bombay. Then he further pursed his studies from St Stephen's College, Delhi and Harvard University, USA.
He took over control of the Bajaj Group in 1965 and successfully established one of India's best companies. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was India's topmost scooter making company. After ten years of Bajaj Auto's success Chetak was launched. Bajaj Auto had to face many challenges with the liberalization of the Indian economy.
The slump in the sale of scooters and the downfall of the stock market of 2001 hit the company hard. It was forecast by some business analysts that Bajaj industries would have to shut down soon. But without losing hope Rahul Bajaj with his business expertise re-established the battered company. He established another factory in Chakan, invested in R&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is presently a leader in its sector.
In June 2006, Rahul Bajaj was elected as a Rajya Sabha MP from Maharashtra.
External links
- Interview with Karan ThaparKaran ThaparKaran Thapar is one of India's noted television commentators and interviewers. He is the youngest child of General P. N. Thapar and Mrs. Bimla Thapar.-Education:...
for CNN IBNCNN IBNCable News Network-Indian Broadcasting Network is an English-language Indian television news channel. The network is a partnership between Global Broadcast News and Turner International in India . Rajdeep Sardesai is the Editor-in-Chief of the network... - Forbes listing
- Lufthansa CNBC TV18 All for this one moment - Interview Rahul Bajaj