Rahul Bajaj: Sharp entrepreneur and generous philanthropist
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Born on June 10, 1938, Rahul Bajaj hails from a business house started by Rajasthani Marwadi businessman Jamnalal Bajaj.
- 3 of 9Rahul 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.
- 4 of 9After 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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He signed a deal with Japan’s Kawasaki after which there were Kawasaki Bajaj bikes in the Indian market.
- 6 of 9During 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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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.
- 8 of 9His 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 was awarded the third highest civilian award Padma Bhushan in 2001.
He has also been conferred Honorary Doctorates by 7 Universities including IIT Roorkee.