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RAHUL BAJAJ

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CHILDHOOD

10 June 1938
Marwadi family in kolkatta, the son of Kamalnayan bajaj
He studied in Cathodal and John Cannon school, Mumbai
He acquire his Bachelor of Arts degree from Stephens College, Delhi in 1958, majoring in economics and did his Masters in Business Administration from Harvard in 1964
He works in Bajaj Electricals while studying law in Mumbai and also as a junior purchase officer in Mukand Iron and Steel.
Political relation

History

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.
The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1,946. It features at 1639 in forbes 2011 list.

Journey

Rahul Bajaj retuned to India with plans of extension of business. Rahul Bajaj started working as the CEO of Bajaj Group at the young age of twenty-six in 1965
He appointed chairman of Indian Airlines in 1984
He was appointed chief executive officer of Bajaj Auto in 1968 and took over later as head of the Bajaj Group of companies. Bajaj Auto is India's premier two- and three-wheeler company.
Rahul Bajaj, an iconic, straight forward and outspoken entrepreneur of India, especially popular in manufacturing path-breaking two-wheelers, took up the reins as Chairman and Managing Director of Bajaj Group in 1965 as an inherited business.

Business Plans

In June 2006, Rahul Bajaj was elected as a Rajya Sabha MP from Maharashtra.
Bajaj Auto is part of the Bajaj Group, which employs over 20,000 people with a turnover of over US $ 3.2 bn. The group manufactures and markets a range of products and services in India and abroad including two- and three-wheelers, home appliances, lamps, wind energy, special alloy and stainless steel, castings, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance, and investment & financial services.

Great Philosophy

Rahul Bajaj always stated: We approach our responsibilities with ambition and resourcefulness. We organize ourselves for a transparent and harmonious flow of work. We respect sound theory and encourage creative experimentation. Moreover, we make our workplace a source of pride. We believe in transparency- a commitment that the business is managed along transparent lines like fairness to all stakeholders in the company, especially to minority shareholders, Disclosure of all relevant financial and non-financial information in an easily understood manner, Supervision of the Company's activities by the professionally competent and independent board of directors.

His decisions were clear-cut

For instance when India was liberalized Rahul Bajaj was very clear that he already has achieved competency in scooters segment and he need not go for collaboration in scooters segment and he has to continue the operations as usual. The demand for scooters was high and the supply was limited. Therefore, he stuck to his norms and stood up to the government to give licenses and allow the expansion to produce more scooters. Therefore, Bajaj teamed up with Kawasaki of Japan to produce one of the most fuel efficient and attractive two wheelers (motorcycles) for the Indian market. On the contrary, to the new leadership practices, Bajaj never believed in delegating authority to all. He always keeps himself at the helm of things. He gave a patient hearing to all others ideas. However, the final decision was made at
his discretion.