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Bajaj Auto
Bajaj Auto
Limited is a global two-wheeler and three-wheeler Indian manufacturing company.[3] Bajaj Auto
Bajaj Auto
manufactures and sells motorcycles, scooters and auto rickshaws. Bajaj Auto
Bajaj Auto
is a part of the Bajaj Group. It was founded by Jamnalal Bajaj
Jamnalal Bajaj
in Rajasthan
Rajasthan
in the 1940s. It is based in Pune, Mumbai, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar
Pantnagar
in Uttarakhand.[4] The oldest plant at Akurdi (Pune) now houses the R&D centre 'Ahead'. Bajaj Auto
Bajaj Auto
is the world's sixth-largest manufacturer of motorcycles and the second-largest in India.[5] It is the world's largest three-wheeler manufacturer.[6] On May 2015, its market capitalisation was ₹640 billion (US$9.8 billion), making it India's 23rd largest publicly traded company by market value.[7] The Forbes Global 2000 list for the year 2012 ranked Bajaj Auto
Bajaj Auto
at 1,416.[4]

Contents

1 History 2 Current Products

2.1 Motorcycles Manufactured by Bajaj auto Company 2.2 Three wheeler 2.3 Low cost cars

3 Acquisitions 4 Bajaj-Kawasaki end tie-up in april 2017 5 Demerger in 2008 6 Listing and shareholding

6.1 Listing 6.2 Shareholding

7 Employees 8 Awards and recognitions 9 See also 10 References 11 External links

History[edit]

Bajaj scooter built under license from Vespa

Bajaj Auto
Bajaj Auto
came into existence on 29 November 1944 as M/s Bachraj Trading Corporation Private Limited.[8] It started off by selling imported two- and three-wheelers in India.[8] In 1959, it obtained a licence from the Government of India
India
to manufacture two-wheelers and three-wheelers[8] and obtained Licence from Piaggio
Piaggio
to manufacture Vespa
Vespa
Brand Scooters in India
India
and started making Vespa
Vespa
150 scooters. It became a public limited company in 1960.[9] In 1970, it rolled out its 100,000th vehicle.[9] In 1977, it sold 100,000 vehicles in a financial year.[9] In 1985, it started producing at Waluj near Aurangabad.[9] In 1986, it sold 500,000 vehicles in a financial year.[9] In 1995, it rolled out its ten millionth vehicle and produced and sold one million vehicles in a year.[10] With the launch of motorcycles in 1986, the company has changed its image from a scooter manufacturer to a two-wheeler manufacturer. In 2017 it was announced that Bajaj Auto
Bajaj Auto
and Triumph Motorcycles Ltd would form an alliance to build mid-capacity motorcycles[11]. According to the authors of Globality: Competing with Everyone from Everywhere for Everything, Bajaj has operations in 50 countries creating a line of bikes targeted to the preferences of entry-level buyers.[12] Current Products[edit]

Bajaj Pulsar
Bajaj Pulsar
180 DTSi

Bajaj RE (auto-rickshaw)

Bajaj manufactures and sells motorcycles, scooters, auto-rickshaws and most recently, cars. Bajaj Auto
Bajaj Auto
is India's largest exporter of motorcycles and three-wheelers.[1] Bajaj Auto's exports accounted for approx. 35% of its total sales. 47% of its exports are made to Africa. Boxer motorcycle is the largest selling single brand in Africa. Motorcycles Manufactured by Bajaj auto Company[edit] Motorcycles in production include the Platina, Discover, Pulsar and Avenger and CT 100. In FY 2012-13, it sold approximately 3.76 million motorcycles which accounted for 31% of the market share in India. Of these, approximately 2.46 million motorcycles (66%) were sold in India
India
and remaining 34% were exported. Three wheeler[edit] It is the world's largest manufacturer of 3-wheelers and accounts for almost 84% of India's three-wheeler exports. During the FY 2012-13, it sold approx. 480,000 three-wheelers which was 57% of the total market share in India. Out of these 480,000 three-wheelers, 53% were exported and remaining 47% were sold in India. Low cost cars[edit]

Bajaj Qute

In 2010, Bajaj Auto
Bajaj Auto
announced cooperation with Renault
Renault
and Nissan Motor to develop a US$2,500 car, aiming at a fuel efficiency of 30 kilometres per litre (85 mpg‑imp; 71 mpg‑US) (3.3 L/100 km), or twice an average small car, and carbon dioxide emissions of 100 g/km.[13][14] On 3 January 2012, Bajaj auto unveiled the Bajaj RE60, a mini car for intra-city urban transportation. The target customer group will be Bajaj's three-wheeler customers.[15] According to its Managing Director Rajiv Bajaj, the RE60 powered by a new 200 cc rear mounted petrol engine will have a top speed of 70 kilometres per hour (43 mph), a mileage of 35 kilometres per litre (99 mpg‑imp; 82 mpg‑US) and carbon dioxide emissions of 60 g/km.[15][16] Acquisitions[edit] Bajaj Auto
Bajaj Auto
bought a controlling stake in the Tempo Firodia company, renaming it "Bajaj Tempo". Germany's Daimler-Benz, a long-time collaborator with Firodia because of their ownership of the original Tempo works in Germany, owned 16% of Bajaj Tempo. Daimler sold their stake back to the Firodia group in 2001, meaning that they once again held a controlling interest, with BAL retaining 24% of the shares. It was agreed that Bajaj Tempo would gradually phase out the use of the "Tempo" brand name, as it still belonged to Mercedes-Benz.[17] The name of the company was changed to Force Motors in May 2005, dropping "Bajaj" as well as "Tempo", over the objections of Bajaj Auto
Bajaj Auto
with whom the company shares a long history as well as a compound wall.[18] Bajaj-Kawasaki end tie-up in april 2017[edit] Bajaj and Kawasaki have ended their 33-year alliance in India following deepening of ties between the latter and its Austrian partner KTM. Bajaj Auto
Bajaj Auto
had an alliance with Kawasaki for the sale and after sales service of Kawasaki motorcycles through its Probiking, a premium bike dealership network, since 2009. These Probiking dealerships were later converted to KTM dealerships. Bajaj Auto
Bajaj Auto
Ltd. made a technical assistance agreement with Kawasaki Japan in 1984, and since then it had cooperated to expand production and sales of motorcycles in India.[19] Demerger in 2008[edit] The demerger of Bajaj Auto
Bajaj Auto
Ltd into three corporate entities—Bajaj Finserv Ltd (BFL), Bajaj Auto
Bajaj Auto
Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL)—was completed with the shares listing on 26 May 2008.[20][21] Listing and shareholding[edit] Listing[edit] Bajaj Auto's equity shares are listed on Bombay Stock Exchange
Bombay Stock Exchange
where it is a constituent of the BSE SENSEX
BSE SENSEX
index,[22] and the National Stock Exchange of India
India
where it is a constituent of the CNX Nifty.[23] Shareholding[edit] On 30 Sep 2015, 49.29% of the equity shares of the company were owned by the promoters Bajaj Group and the remaining were owned by others.

Shareholders (as on 30-Sep-2015) Shareholding %

Promoters:Bajaj Group 49.29%

Mutual Funds, FI's and Insurance Companies 08.13%

Foreign Institutional Investors 14.25%

Individual shareholders 15.12%

Bodies Corporate 08.25%

Foreign Portfolio Investments Corporation 03.51%

GDRs 00.02%

Others 01.43%

Total 100.0%

[24] Employees[edit] Bajaj Auto
Bajaj Auto
had a total of 8,036 employees as of 31 March 2013, of which 51 were women (0.63%) and 25 were differently-abled (0.31%).[25] It spent ₹6.5 billion (US$100 million) on employee benefit expenses during the FY 2012–13. The company is headed by Rahul Bajaj, whose net worth was around US$2 billion in March 2013.[26] Awards and recognitions[edit]

Bajaj Pulsar
Bajaj Pulsar
135 LS received Bike of the Year 2010 award from BBC - TopGear and Bike India.[27] Pulsar 220 DTS-Fi received the Bike of the Year 2008 award by all major Indian automobile magazines like Overdrive, AutoCar, Business Standard Motoring and Bike Top Gear.[28] In 2006, Bajaj Auto
Bajaj Auto
won the Frost & Sullivan Super Platinum Award for manufacturing excellence in its Chakan Plant.[29] It received award for The Most Customer Responsive Company in Automobiles category in a survey conducted by Economic Times for the years 2004, 2006 and 2008.[30] Bajaj Auto
Bajaj Auto
received the Bike Maker of the Year award in ICICI Bank Overdrive Awards 2004.[31] Bajaj Pulsar
Bajaj Pulsar
180 DTS-i won the BBC World Wheels Viewers Choice Two Wheeler of the Year 2003 award.[32]

See also[edit]

List of motorcycle manufacturers List of scooter manufacturers

Companies portal

References[edit]

^ a b " Bajaj Auto
Bajaj Auto
Quarterly Results". Retrieved 23 July 2016.  ^ "Archived copy" (PDF). Archived from the original (PDF) on 12 April 2015. Retrieved 2015-07-03.  ^ "Company Profile - Bajaj Auto". Equitylion. Retrieved 20 June 2017.  ^ a b " Bajaj Auto
Bajaj Auto
at Forbes". Forbes. 31 May 2013. Retrieved 27 October 2013.  ^ "News Article". Reuters. 17 May 2012. Retrieved 22 May 2012.  ^ " India
India
is the largest three-wheeler industry globally". Deccan Chronicle. 15 March 2016. Retrieved 15 December 2016. The top-three players such as market leader Bajaj Auto, second largest manufacturer Piaggio
Piaggio
and Mahindra and Mahindra […].  ^ "Table 4-12: Top '50' Companies by Market Capitalisation as on March 31, 2013". NSE India. 31 March 2013. Retrieved 27 October 2013.  ^ a b c "Achievements 1945-1959". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ a b c d e "Achievements 1960-1991". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ "Achievements 1992-2009". Bajaj Auto. Archived from the original on 17 October 2013. Retrieved 27 October 2013.  ^ http://www.business-standard.com/article/companies/bikes-from-bajaj-tie-up-will-be-sold-here-exported-too-nick-bloor-117081700070_1.html/ ^ Sirkin, Harold L; James W. Hemerling, and Arindam K. Bhattacharya (11 June 2008). GLOBALITY: Competing with Everyone from Everywhere for Everything. Archived 23 September 2008 at the Wayback Machine. New York: Business Plus, 304. ISBN 0-446-17829-2. ^ "How green is my low-cost car? India
India
revs up debate". ENN. 19 June 2008. Retrieved 24 November 2010.  ^ "Bajaj small car may cost Rs 1.1 lakh – News – Zigwheels". Timesofindia.zigwheels.com. Archived from the original on 30 May 2010. Retrieved 24 November 2010.  ^ a b " Bajaj Auto
Bajaj Auto
unveils small car RE 60 in partnership with Nissan and Renault". The Times of India. 3 January 2012. Retrieved 3 January 2012.  ^ Saxen, Ruchita (3 January 2012). " Bajaj Auto
Bajaj Auto
launches low cost car RE 60, promises 40 km per litre". New Delhi Television. Retrieved 3 January 2012.  ^ "Bajaj Tempo will now be Force Motors". The Times of India. Bennett, Coleman & Co. Ltd. 24 February 2005. Retrieved 20 September 2013.  ^ "It's official: Bajaj Tempo is now Force Motors". The Economic Times. Bennett, Coleman & Co. Ltd. 12 May 2005. Retrieved 20 September 2013.  ^ Iyer, Satyanarayan (25 March 2017). " Bajaj Auto
Bajaj Auto
ends its partnership with Kawasaki in India". Times of India.  ^ " Bajaj Auto
Bajaj Auto
demerger complete". The Economic Times. 25 May 2008. Retrieved 21 May 2009.  ^ "Demerger News". Bajaj Auto. Archived from the original on 22 October 2013. Retrieved 27 October 2013.  ^ "Scripwise Weightages in S&P BSE SENSEX". BSE India. Retrieved 27 October 2013.  ^ "Download List of CNX Nifty stocks (.csv)". NSE India. Retrieved 27 October 2013.  ^ "Shareholding Pattern".  ^ "Business Responsibility Report 2012-13" (PDF). Bajaj Auto. Archived from the original (PDF) on 29 October 2013. Retrieved 27 October 2013.  ^ " Rahul Bajaj
Rahul Bajaj
at Forbes". Forbes. Retrieved 27 October 2013.  ^ "Awards and accolades 2010-2011". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ "Awards and accolades 2007-2008". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ " Bajaj Auto
Bajaj Auto
wins TPM Excellence Award 2006". MoneyControl.com. 7 February 2007. Retrieved 27 October 2013.  ^ "Awards and accolades 2005-2006". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ "Awards and accolades 2003-2004". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013.  ^ "Awards and accolades 2002-2003". Bajaj Auto. Archived from the original on 29 October 2013. Retrieved 27 October 2013. 

External links[edit]

Wikimedia Commons has media related to Bajaj Group.

Official website

Business data for Bajaj Auto: Reuters

Bajaj Group

Companies

Bajaj Group Bajaj Auto Bajaj Electricals Mukand Ltd Bajaj Hindustan Ltd Bajaj Consumer Care Ltd Bajaj Ventures Ltd Bajaj Energy Bajaj Aviation

Notable People

Jamnalal Bajaj Rahul Bajaj Kamalnayan Bajaj

Brands

Bajaj Corp Bajaj Nomarks

v t e

Motorcycles in India

Indian Companies

Andhra Pradesh Scooters Bajaj Hero MotoCorp LML Mahindra (previously Kinetic; includes BSA and Jawa) Escorts TVS Royal Enfield

Foreign Companies

Honda Yamaha Suzuki Kawasaki KTM BMW Motorrad Triumph Ducati Harley-Davidson Piaggio

See also

Cars in India Transport in India

v t e

BSE SENSEX
BSE SENSEX
companies of India

Airtel Axis Bank Bajaj Auto BHEL Cipla Coal India Dr. Reddy's Laboratories GAIL HDFC HDFC Bank Hero MotoCorp Hindalco HUL ICICI Bank Infosys ITC L&T Mahindra & Mahindra Maruti Suzuki NTPC ONGC Reliance Industries SBI Sesa Sterlite Sun Pharma Tata Motors Tata Power Tata Steel TCS Wipro

v t e

CNX Nifty companies of India

ACC Ambuja Cements Asian Paints Ltd Axis Bank Bajaj Auto Bank of Baroda BHEL BPCL Bharti Airtel Cairn India Cipla Coal India DLF Dr. Reddy's Laboratories GAIL Grasim Industries HCL Technologies HDFC HDFC Bank Hero MotoCorp Hindalco Industries HUL Infosys ICICI Bank IDFC IndusInd Bank
IndusInd Bank
Ltd. ITC Limited Jindal Steel and Power Kotak Mahindra Bank L&T Lupin Mahindra & Mahindra Maruti Udyog NMDC NTPC ONGC Power Grid Corporation PNB Reliance Industries Sesa Sterlite
Sesa Sterlite
Limited SBI Sun Pharmaceutical TCS Tata Motors Tata Power Tata Steel Tech Mahindra Ultratech Cement Wipro Zee Enterta

.