President Intra-city Business. Kevin P. D' Sa. President Retail Finance. Eric Vas. President Urbanite Business. Chief Business Development Officer. President Export Business. Soumen Ray. Chief Financial Officer. Sumeet Narang. President Probiking Business. Ravi Kyran Ramasamy. Chief Human Resources Officer. Subhash Rao. President New Projects.
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.
We are celebrating th Birth anniversary of Shri. Jamnalal Bajaj on 4th of November In , at the age of 22, he became the Indian licensee for the make; Bajaj Auto began producing its first two-wheelers the next year. Rahul Bajaj became the group's chief executive officer in after first picking up an MBA at Harvard. He lived next to the factory in Pune, an industrial city three hours' drive from Bombay.
The company had an annual turnover of Rs 72 million at the time. By , the company had produced , vehicles. The oil crisis soon drove cars off the roads in favor of two-wheelers, much cheaper to buy and many times more fuel-efficient. A number of new models were introduced in the s, including the three-wheeler goods carrier and Bajaj Chetak early in the decade and the Bajaj Super and three-wheeled, rear engine Autorickshaw in and Bajaj Auto produced , vehicles in the fiscal year alone.
The technical collaboration agreement with Piaggio of Italy expired in Bajaj's scooter exports plummeted from Rs Pretax profits were cut in half, to Rs 63 million. Japanese and Italian scooter companies began entering the Indian market in the early s. Although some boasted superior technology and flashier brands, Bajaj Auto had built up several advantages in the previous decades. Its customers liked the durability of the product and the ready availability of maintenance; the company's distributors permeated the country.
The Bajaj M debuted in The new fuel-efficient, 50cc motorcycle was immediately successful, and the company aimed to be able to make 60, of them a year by Capacity was the most important constraint for the Indian motorcycle industry.
Although the country's total production rose from , vehicles in to , in , companies like rival Lohia Machines had difficulty meeting demand. Work on a new plant at Waluj, Aurangabad commenced in January The company was making , vehicles a year at this point. Although Rahul Bajaj credited much of his company's success with its focus on one type of product, he did attempt to diversify into tractor-trailers.
Its products include side by side vehicles, terrain v Sega Sammy Holdings Inc. Its operations are carried out through the following segments: Pachislot a Added by chcom. Bajaj Auto. Show more Show less.
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