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Information about Bajaj Auto

Bajaj Auto Ltd
Public
Founded1945
Headquarters Pune, India
Key peopleRahul Bajaj (Chairman), Rajiv Bajaj
Revenue Rs. 81,063 billion (2005) or USD 1.32 billion
Net income Rs. 11,016 billion
Employees???
Websitewww.bajajauto.com


Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the world's 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makes and exports motorscooters, motorcycles and the auto rickshaw.

The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1946 [1].

Over the last decade, the company has successfully changed its image from a scooter manufacturer to a two wheeler 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.

Company's history

Bajaj Auto came into existence on November 29, 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 in 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 1 million vehicles in a year.

Timeline of new releases

Products

Some of the models that Bajaj makes (or has made) are:

Scooters

  • * Bajaj Kristal DTSi

Motorcycles

Upcoming Models

  • * Bajaj Blade
  • Bajaj Sonic

Discontinued Models

Spinoffs and acquisitions

It has been reported that Bajaj is headed for a de-merger into two separate companies: Bajaj Auto and Bajaj Finance. It is expected that the sum of the parts created will be worth more that the current whole, as was the case in the de-merger of Reliance Industries. [2]

It has also been reported by The Economic Times that Bajaj is looking for a major European acquisition, perhaps of Triumph Motorcycles or Ducati.[3][4]

External links

References

1. ^ The Forbes 2000 by Country
2. ^ S. Kalyana Ramanthan. "Why Two Bajajs Are Better Than One", Businessworld. Retrieved on 2007-07-22.Businessworld"> 
3. ^ Gouri Agtey Athale & Nandini Sen Gupta. "Bajaj chasing Ducati, Triumph", The Economic Times, July 16, 2007. Retrieved on 2007-07-22. 
4. ^ "India's Bajaj Auto eyes Ducati, Triumph: report", AFP, July 16, 2007. Retrieved on 2007-07-22. 


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A public company usually refers to a company that is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.
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Coordinates: Pune (IPA: puːneɪ, Marathi: पुणे) is a city located in the western Indian state of Maharashtra.
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Rahul Bajaj is a prominent Indian businessman. He comes from the business house started by Jamnalal Bajaj. The US$ 1.32 Billion Bajaj Auto is his flagship company. He was awarded the Padma Bhushan in 2001. His net worth is estimated to be at US$ 1.1 Billion.
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1,000,000,000 (alternately known as one thousand million and one billion, see below) is the natural number following 999,999,999 and preceding 1,000,000,001.

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Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings.
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automobile (from Greek auto, self and Latin mobile moving, a vehicle that moves itself rather than being moved by another vehicle or animal) or motor car (usually shortened to just car) is a wheeled passenger vehicle that carries its own motor.
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Coordinates: Pune (IPA: puːneɪ, Marathi: पुणे) is a city located in the western Indian state of Maharashtra.
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Maharashtra (Marathi: महाराष्ट्र
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Coordinates: Pune (IPA: puːneɪ, Marathi: पुणे) is a city located in the western Indian state of Maharashtra.
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scooter is a two-wheeled motor vehicle with a step-through frame.

Historically, a scooter was noted for a small engine, small wheels, a step-through design, a forward fairing with floorboards, and possibly under-seat storage.
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MotorCycle is the title of a 1993 album by rock band Daniel Amos, released on BAI Records. The album was dedicated to the memory of songwriter Mark Heard.
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Auto rickshaw (auto or rickshaw or tuk-tuk in popular parlance) is a vehicle for hire that is one of the chief modes of transport in India, Pakistan, Nepal, Bangladesh, the Philippines and Sri Lanka and is popular in many other countries.
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Rahul Bajaj is a prominent Indian businessman. He comes from the business house started by Jamnalal Bajaj. The US$ 1.32 Billion Bajaj Auto is his flagship company. He was awarded the Padma Bhushan in 2001. His net worth is estimated to be at US$ 1.1 Billion.
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