Wednesday, November 18, 2009

Rahul Bajaj


Rahul Bajaj is a prominent Indian businessman. He comes from the business house started by Jamnalal Bajaj. The US$ 1.32 Billion Bajaj Auto is his flagship company.

He was awarded the Padma Bhushan in 2001.

His net worth is estimated to be at US$ 1.1 Billion. He was listed twentieth on the Forbes India's Richest 40 list of people.

He is an alumnus of Harvard Business School in USA, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School.
He has one brother, Shishir Bajaj, with whom there was a recent business settlement. He has 3 cousins, Shekhar, Madhur and Niraj together with whom he controls the Bajaj Group of companies. Also, he has two sons Rajiv & Sanjiv and a daughter, Sunaina Kejriwal.

Rahul Bajaj is an alumnus of Harvard, St. Stephen's and Cathedral. He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover of the Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. Rahul Bajaj created one of India's best companies in the difficult days of the licence-permit raj. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in India and its Chetak brand had a 10-year waiting period.

Personal life

His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. His daughter Sunaina Kejriwal is married to Manish Kejriwal who heads Temasek India.

Last year, he did business settlement with his brother Shishir Bajaj. His 3 cousins, Shekhar, Madhur and Niraj assist him in controlling the Bajaj Group of companies. His two sons Rajiv & Sanjiv Bajaj are active in Bajaj Auto & Bajaj Finserv companies. His daughter, Sunaina Kejriwal, married to Manish Kejriwal who heads Temasek India.

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