Another Successful Award Event of IIB Magazine-India Business Excellence Award
June 3, 2025
June 9, 2025,10:00:33 AM
Bajaj Auto Limited is an Indian multinational automotive manufacturing company. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s.
FOUNDER OF BAJAJ COMPANY JAMNALAL BAJAJ
Jamnalal Bajaj was born in 1889 in a village named Kashi Ka Bas, near Sikar, Rajasthan.
Jamnalal Bajaj is an Indian businessman, industrialist, and politician. He is the founder of the Indian multinational conglomerate company, Bajaj Group.
Bajaj Group is one of the largest and oldest Indian multinational conglomerates. Bajaj's headquarters is in Mumbai, Maharashtra
The company has plants in Chakan Waluj and Pantnagar. The oldest plant at Akurdi in Pune
Bajaj is the first Indian two-wheeler manufacturer to deliver 4-stroke motorcycles with sporty performance for the Indian market. In December 2020, Bajaj Auto crossed a market capitalisation of ₹1 lakh crore (US$13.6 billion), making it the world's most valuable two-wheeler company.
BAJAJ PRODUCTS
Automobile
Financial services
Home appliances
Electrical
Iron & Steel
Insurance
Motorcycles produced by Bajaj include the CT 100 Platina. Discover, Pulsar, Avenger and Dominar. In 2012–13, it sold approximately 37.6 lakh (3.76 million) motorcycles which accounted for 31% of the market share in India. Of these, approximately 24.6 lakh (2.46 million) motorcycles (66%) were sold in India, and the remaining 34% were exported
Bajaj is the world's largest manufacturer of auto rickshaws and almost 84% of India's three-wheeler exports. During the 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India.
On 3 January 2012, Bajaj auto unveiled the Bajaj Qute, a mini car for intra-city urban transportation, which is legally classified as a quadricycle.
Bajaj launched its first electric scooter, the Chetak, in India in January 2020. In December 2021, Bajaj announced an investment of ₹300 crore to build an electric vehicle production facility in Pune. According to the company, the plant would be able to produce 5,00,000 electric vehicles each year, catering to both domestic and international markets.
© 2024 Iconsofindianbusiness.com. All Right Reserved.