Bajaj Auto
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Bajaj Auto Limited | |
Type | Public |
---|---|
Founded | 1945 |
Headquarters | Pune, India |
Key people | Rahul Bajaj (Chairman) |
Revenue | Rs. 81,063 billion (2005) or USD 1.32 billion |
Net income | Rs. 11,016 billion |
Employees | ??? |
Website | www.bajajauto.com |
Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the world's 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makes and exports motorscooters, motorcycles and the auto rickshaw. It is widely believed that Bajaj is headed for a de-merger into 2 separate companies: Bajaj Auto and Bajaj Finance. It is expected that sum of the parts created, will be worth more that the current whole, as was the case in the de-merger of Reliance Industries. [2]
Contents |
[edit] Company's history
Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million vehicles in a year.
[edit] Timeline of new releases
- 1971 - three-wheeler goods carrier
- 1972 - Bajaj Chetak
- 1976 - Bajaj Super
- 1977 - Rear engine Autorickshaw
- 1981 - Bajaj M-50
- 1986 - Bajaj M-80, Kawasaki Bajaj KB100
- 1990 - Bajaj Sunny
- 1991 - [[]]
- 1994 - Bajaj Classic
- 1995 - Bajaj Super Excel
- 1997 - Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw
- 1998 - Kawasaki Bajaj Caliber, Legend, India's first four-stroke scooter, Bajaj Spirit
- 2000 - Bajaj Saffire
- 2001 - Eliminator, Pulsar
- 2003 - Caliber115, Bajaj Wind 125, Bajaj Pulsar
- 2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i
- 2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover
- 2006 - Bajaj Platina
- 2007 - Bajaj Pulsar-200, Bajaj Kristal
Some of the models that Bajaj makes (or has made) are:
[edit] Scooters
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- Bajaj Sunny
- Bajaj Chetak
- Bajaj Cub
- Bajaj Super
- Bajaj Wave
- Bajaj Legend
- Bajaj Bravo
[edit] Motorcycles
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- Bajaj Pulsar 150 DTSi
- Bajaj Pulsar 180 DTSi
- Bajaj Pulsar 200 DTSi
- Bajaj Discover
- Bajaj Avenger
- Bajaj Platina
- Bajaj CT 100
- Kawasaki Eliminator
- Bajaj Kawasaki Wind 125
- Bajaj Boxer
- Bajaj Caliber
- Bajaj Pulsar 220 DTS-Fi
- Bajaj Krystal
[edit] Upcoming Models
- Bajaj Blade
- Bajaj Sonic
[edit] New Image
The company, over the last decade has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer, product range ranging from Scooterettes to Scooters to Motorcycle. Its real growth in numbers has come in the last 4 years after successful introduction of a few models in the motorcycle segment.
The company is headed by Rahul Bajaj who is worth more than US$1.5 billion.
[edit] Forbes Global 2000 Ranking - 2005
The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1946 [1].