National Stock Exchange of India Ltd. Retained the coveted position of World No 1 two-wheeler company for the seventh consecutive year.
Its footprint stretches over a wide range of industries, spanning automobiles two-wheelers and three-wheelershome appliances, lighting, iron and steel, insurance, travel and finance.
Bajaj Auto Limited is India's largest manufacturer of scooters and motorcycles. The company generally has lagged behind its Japanese rivals in technology, but has invested heavily to catch up.
Its strong suit is high-volume production; it is the lowest-cost scooter maker in the world. Although publicly owned, the company has been controlled by the Bajaj family since its founding.
Its founder, Jamnalal Bajaj, had been a follower of Mahatma Gandhi, who reportedly referred to him as a fifth son. Jamnalal Bajaj was succeeded by his eldest son, year-old Kamalnayan, in Kamalnayan, however, was preoccupied with India's struggle for independence.
After this was achieved, inKamalnayan consolidated and diversified the group, branching into cement, ayurvedic medicines, electrical equipment, and appliances, as well as scooters. It began selling imported two- and three-wheeled vehicles in and obtained a manufacturing license from the government 11 years later.
The next year,Bajaj Auto became a public limited company. Rahul Bajaj reportedly adored the famous Vespa scooters made by Piaggio of Italy. Inat 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. Bythe company had producedvehicles. 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 engine4Autorickshaw in and Bajaj Auto producedvehicles 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.
Rahul Kamalnayan Bajaj, 66, has stepped down as managing director of Bajaj Auto passing on the mantle of the company to his eldest son, Rajiv. Rahul Bajaj will continue as the chairman of the Bajaj conglomerate.
Bajaj Auto is facing increased competition from Honda and Piaggio. Honda has overtaken Bajaj as India's No. New Competition in the s Japanese and Italian scooter companies began entering the Indian market in the early s.Get the step by step research of company & stock market performance of Bajaj Auto Ltd.
at ICICI Direct. Check out all the detailed information here. Aug 8 (Reuters) - Bajaj Auto Ltd on Tuesday said it has tied up with Triumph Motorcycles UK to offer a range of mid-capacity motorcycles.
The 'non-equity' partnership will give Bajaj access to the Triumph brand and its motorcycles in domestic and international markets while the British company will gain from an expanded market, India's fourth largest automaker by market capitalisation said.
Sep 05, · Re: Bajaj grupobittia.com analysis - November 15th, hey saurabh i liked ur project the only change u should make is in the last diagram swot diagram other wise good project keep it up To view links or images in signatures your post count must be 0 .
Pg #6 Mr. Rajiv Bajaj, Managing Director, Bajaj Auto Ltd. Said, “The new structure would assist in “Aligning the Vectors” of the organization and will enable the company to live its Brand Values & be “Distinctly Ahead”. Benefits of Buying Bajaj Finance Limited SWOT Analysis Report Get detailed information about the company and its operations to identify potential customers and suppliers.
Analyzes the company's. Some Findings 1) Bajaj Auto Ltd: Bajaj Auto, Bajaj Finserv and Bajaj Holdings & Investments on day 1 of relisting recorded a market cap of Rs 22, Crore as against Rs 21, Crore on March 13, which was the last day before the demerger, an increase of around per cent.