Rahul Bajaj Biography
Rahul Bajaj is the Chairman and Managing Director of the Bajaj group, which has been named amongst India’s top ten business groups. He is one of India’s renowned industrialists and is internationally respected for his business expertise and entrepreneurial character.
He comes from the family of Jaman Lal Bajaj. Rahul is the grandson of Jaman Lal Bajaj, who founded the Bajaj Group. Shishir Bajaj is the brother of Rahul Bajaj. He has two sons, Rajiv Bajaj and Sanjiv Bajaj, and daughter Sunaina Kejriwal. His sons Rajiv and Sanjiv Bajaj manage his companies. He completed his schooling from Cathedral, a school in Bombay. Then he further pursued his studies from St Stephen’s College, Delhi and Harvard University, USA.
He took over control of the Bajaj Group in 1965 and successfully established one of India’s best companies. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was India’s topmost scooter making company. After ten years of Bajaj Auto’s success, Chetak was launched. Bajaj Auto had to face many challenges with the liberalization of the Indian economy.
The slump in the sale of scooters and the downfall of the stock market of 2001 hit the company hard. It was forecast by some business analysts that Bajaj industries would have to shut down soon. But without losing hope Rahul Bajaj with his business expertise re-established the battered company. He established another factory in Chakan, invested in R&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is presently a leader in its sector.
In June 2006, he was elected as a Rajya Sabha MP from Maharashtra.