 | |
| Type | Public |
|---|---|
| Traded as | BSE: 532977, NSE: BAJAJ-AUTO BSE SENSEX Constituent |
| Industry | Automotive |
| Headquarters | Pune, Maharashtra, India |
| Key people | Rahul Bajaj (Chairman) |
| Products | Motorcycles, three-wheeler vehicles and cars |
| Revenue |   16,974 crore (US$3.39 billion) (2011)[1] |
| Net income | 3,454 crore (US$689.07 million) (2011) |
| Employees | 10,250 (2006-07) |
| Parent | Bajaj Group |
| Website | www.bajajauto.com |
The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1,946.[2] It features at 1639 in forbes 2011 list.
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.[3]
Bajaj Auto came into existence on 29 November 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 near 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 one million vehicles in a year.
According to the authors of Globality: Competing with Everyone from Everywhere for Everything, Bajaj has grown operations in 50 countries by creating a line of value-for-money bikes targeted to the different preferences of entry-level buyers.[4]
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