Bajaj Auto
 | This article documents a current event. Information may change rapidly as the event progresses, and initial news reports may be unreliable. The latest updates to this article may not reflect the most current information. (April 2007) |
| File:Logo bajaj.gif | |
| Company type | Public |
|---|---|
| Founded | 1945 |
| Headquarters |  Pune, India |
Key people |  Rahul Bajaj (Chairman) |
| Revenue | Rs. 81,063 billion (2005) or USD 1.32 billion |
| Rs. 11,016 billion | |
Number of employees | ??? |
| Website | www.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. It is widely believed that Bajaj is headed for a de-merger into 2 separate companies: Bajaj Auto and Bajaj Finance. It is expected that 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]
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
- 1971 - three-wheeler goods carrier
- 1972 - Bajaj Chetak
- 1976 - Bajaj Super
- 1977 - Rear engine Autorickshaw
- 1981 - Bajaj M-50
- 1986 - Bajaj M-80, Kawasaki Bajaj KB100
- 1990 - Bajaj Sunny
- 1991 - [[]]
- 1994 - Bajaj Classic
- 1995 - Bajaj Super Excel
- 1997 - Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw
- 1998 - Kawasaki Bajaj Caliber, Legend, India's first four-stroke scooter, Bajaj Spirit
- 2000 - Bajaj Saffire
- 2001 - Eliminator, Pulsar
- 2003 - Caliber115, Bajaj Wind 125, Bajaj Pulsar
- 2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i
- 2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover
- 2006 - Bajaj Platina
- 2007 - Bajaj Pulsar-200, Bajaj Kristal
Some of the models that Bajaj makes (or has made) are:
Scooters
Motorcycles
Upcoming Models
New Image
The company, over the last decade has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer, product range ranging from Scooterettes to Scooters to Motorcycle. Its real growth in numbers has come in the last 4 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.
Forbes Global 2000 Ranking - 2005
The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1946 [1].
External links
- Bajaj Auto Ltd
- Argo USA an importer of bajaj scooters
- Scooter Wiki : Bajaj Gas Moped Motor Scooters Directory of models and dealers, information using wiki, forum for discussion.