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Rahul Bajaj: Sharp entrepreneur and generous philanthropist

  • Dailybhaskar.com
  • Jun 15, 2013, 10:08 AM IST
Rahul Bajaj: Sharp entrepreneur and generous philanthropist
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New Delhi: Chairman of the 87-year-old Bajaj Group, Rahul Bajaj has been among India's most successful and recognisable business leaders, exemplifying the spirit of private enterprise in the decades that followed liberalisation.

In charge of the conglomerate since 1965, Bajaj has seen his share of ups and downs. Once the undisputed ruler in the Indian two-wheeler segment, his flagship company Bajaj Auto was dethroned by rival Hero MotoCorp, thanks to an impressive product line-up as well as an aggressive marketing campaign.

However, the company, run by Rahul's son Rajiv, is currently the country's second largest maker of two-wheelers. It is also closing in on the market leader.

Bajaj, who turned 75 on June 10, has also been among its more vocal members, often expressing his views on a range of issues such as bailouts for struggling businesses as well as efforts of the government to revive the economy.

Visit the slideshow for a look at the man's early life, education and career. 

Find out more by clicking on the following slides

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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist

    Born on June 10, 1938, Rahul Bajaj hails from a business house started by Rajasthani Marwadi businessman Jamnalal Bajaj.

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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist
    Rahul Bajaj studied at Cathedral and John Connon School. He holds an Honours Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA from Harvard Business School.
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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist
    After taking over in 1965, he successfully led the  Bajaj Group that manufactured products and provided financial services in India and abroad including motorized 2 and 3-wheelers, home appliances, electric lamps, wind energy, special alloy and stainless steel.
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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist

    He signed a deal with Japan’s Kawasaki after which there were Kawasaki Bajaj bikes in the Indian market.

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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist
    During liberalization, Rahul Bajaj identified the possibilities in the two-wheeler market and entered the bike segment.

    Bajaj scooters became a ubiquitous presence on the Indian roads and dominated the segment for several years in a row.
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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist

    In 2011, Rahul Bajaj’ son Rajiv Bajaj decided to launch their bike - Bajaj Pulsar.

    Today, Bajaj Auto is the fourth largest bike manufacturing company in the world.

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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist
     
    His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies.

    His daughter Sunaina is married to Manish Kejriwal, the former head of Temasek India.
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    Rahul Bajaj: Sharp entrepreneur and generous philanthropist

    Rahul Bajaj was awarded the third highest civilian award Padma Bhushan in 2001.

    He has also been conferred Honorary Doctorates by 7 Universities including IIT Roorkee.

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