Bajaj Auto Limited is an Indian two-wheeler and three-wheeler manufacturing comp

any.[3] Bajaj Auto manufactures and sells motorcycles, scooters and auto ricksha
ws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in
Rajasthan in the 1940s. It is based in Pune, Mumbai, with plants in Chakan (Pun
e), Waluj (near Aurangabad) and Pantnagar in Uttarakhand.[4] The oldest plant at
Akurdi (Pune) now houses the R&D centre 'Ahead'.
Bajaj Auto is the world's sixth-largest manufacturer of motorcycles and the seco
nd-largest in India.[5] It is the world's largest three-wheeler manufacturer.[6]
On May 2015, its market capitalisation was ?640 billion (US$9.5 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 at 1,416.[4]
Contents [hide]
1 History
2 Current Products
2.1 Motorcycles
2.2 Three wheelers
2.3 Low cost cars
3 Discontinued
3.1 Scooters
3.2 Motorcycles
4 Acquisitions
4.1 KTM Power Sports AG
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 came into existence on 29 November 1944 as M/s Bachraj Trading Corpor
ation Private Limited.[8] It started off by selling imported two- and three-whee
lers in India.[8] In 1959, it obtained a licence from the Government of India to
manufacture two-wheelers and three-wheelers[8] and it became a public limited c
ompany 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 W
aluj 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 mi
llion 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.
According to the authors of Globality: Competing with Everyone from Everywhere f
or Everything, Bajaj has operations in 50 countries creating a line of bikes tar
geted to the preferences of entry-level buyers.[11]
Current Products[edit]
Bajaj Pulsar 180 DTSi
Bajaj RE (auto-rickshaw)
Main article: List of Bajaj Auto products
Bajaj manufactures and sells motorcycles, scooters, auto-rickshaws and most rece
ntly, cars. Bajaj Auto is India's largest exporter of motorcycles and three-whee
lers.[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 singl
e brand in Africa.
Motorcycles[edit]
Avenger 220 Cruise
Avenger 220 Street
Avenger 150 Street
CT100
CT100B
Dominar 400
Discover 125
Discover 150S
Discover 150F
Platina Comfortec
Pulsar 135LS
Pulsar 150
Pulsar 180
Pulsar 220F
Pulsar AS150
Pulsar NS200
Pulsar AS200
Pulsar RS200
V15
V12
Motorcycles in production are the Dominar 400, V, Platina, Discover, Pulsar and
Avenger and CT 100. Bajaj also distributes motorcycles in India for other manufa
cturers, such as Kawasaki (Ninja 300, Ninja 650R)[12] and new for 2012 KTM (200
Duke, 390 Duke).[13]
In FY 2012-13, it sold approximately 3.76 million motorcycles which accounted fo
r 31% of the market share in India. Of these, approximately 2.46 million motorcy
cles (66%) were sold in India and remaining 34% were exported.
Three wheelers[edit]
RE Compact
RE Compact 4S
RE Optima
RE Maxima
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. 480,00
0 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]
Qute
In 2010, Bajaj Auto announced cooperation with Renault and Nissan Motor to devel
op a US$2,500 car, aiming at a fuel efficiency of 30 kilometres per litre (85 mp
g-imp; 71 mpg-US) (3.3 L/100 km), or twice an average small car, and carbon diox
ide emissions of 100 g/km.[14][15]
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 c
ustomers.[16] According to its Managing Director Rajiv Bajaj, the RE60 powered b
y 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.[16][17]
Discontinued[edit]
Scooters[edit]
Bajaj 150
Bajaj Bravo
Bajaj Chetak
Bajaj Chetak 99
Bajaj Chetak 4s
Bajaj Cub
Bajaj Classic
Bajaj Kristal
Bajaj Legend
Bajaj M50
Bajaj M80
Bajaj Priya
bajaj Rave
Bajaj Sunny
Bajaj Stride
Bajaj Saffire
Bajaj Spirit
Bajaj Super
Bajaj Super Excel
Bajaj Super 99
Bajaj Wave
Motorcycles[edit]
Bajaj Kawasaki 4S Champaion
Bajaj Kawasaki Aspire
Bajaj Kawasaki Boxer
Bajaj Kawasaki Boxer AT
Bajaj Kawasaki Boxer AR
Bajaj Kawasaki Boxer CT
Bajaj kawasaki Caliber
Bajaj Kawasaki Caliber 115
Bajaj Kawasaki Caliber Croma
Bajaj kawasaki Eliminator
Bajaj Kawasaki KB100
Bajaj Kawasaki KB125
Bajaj Kawasaki Wind
Bajaj Avenger 200
Bajaj Byk
Bajaj Boxer BM150
Bajaj Discover 100
Bajaj Discover 110
Bajaj Discover 135
Bajaj Discover 150
Bajaj Discover 100M
Bajaj Discover 100T
Bajaj Discover 125T
Bajaj Discover 125ST
Bajaj Platina 100
Bajaj Platina 125
Bajaj Pulsar 150
Bajaj Pulsar 200
Bajaj Pulsar 220
Bajaj Prowler
Bajaj SX Enduro
Bajaj XCD 125
Bajaj XCD 135
Acquisitions[edit]
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 bec
ause of their ownership of the original Tempo works in Germany, owned 16% of Baj
aj Tempo. Daimler sold their stake back to the Firodia group in 2001, meaning th
at they once again held a controlling interest, with BAL retaining 24% of the sh
ares. It was agreed that Bajaj Tempo would gradually phase out the use of the "T
empo" brand name, as it still belonged to Mercedes-Benz.[18] The name of the com
pany was changed to Force Motors in May 2005, dropping "Bajaj" as well as "Tempo
", over the objections of Bajaj Auto with whom the company shares a long history
as well as a compound wall.[19]
KTM Power Sports AG[edit]
In November 2007, Bajaj Auto acquired 14.5% stake in KTM Power Sports AG (holdin
g company of KTM Sportmotorcycles AG). The two companies have signed a cooperati
on deal, by which KTM will provide the know-how for joint development of the wat
er-cooled four-stroke 125 and 250 cc engines, and Bajaj will take over the distr
ibution of KTM products in India and some other Southeast Asian nations.[20] As
on 31 March 2013, Bajaj Auto held 47.96% stake in the company.
Demerger in 2008[edit]
The demerger of Bajaj Auto Ltd into three corporate entities Bajaj Finserv Ltd (BF
L), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL) was complet
ed with the shares listing on 26 May 2008.[21][22]
Listing and shareholding[edit]
Listing[edit]
Bajaj Auto's equity shares are listed on Bombay Stock Exchange where it is a con
stituent of the BSE SENSEX index,[23] and the National Stock Exchange of India w
here it is a constituent of the CNX Nifty.[24]
Shareholding[edit]
On 30 Sep 2015, 49.29% of the equity shares of the company were owned by the pro
moters Bajaj Group and the remaining were owned by others.
Shareholders (as on 30-Sep-2015) Shareholding %
Promoters:priya 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%
[25]
Employees[edit]
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%).[26] It spent ?6.5 billion (
US$97 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.[27
]
Awards and recognitions[edit]
Bajaj Pulsar 135 LS received Bike of the Year 2010 award from BBC - TopGear and
Bike India.[28]
Pulsar 220 DTS-Fi received the Bike of the Year 2008 award by all major Indian a
utomobile magazines like Overdrive, AutoCar, Business Standard Motoring and Bike
Top Gear.[29]
In 2006, Bajaj Auto won the Frost & Sullivan Super Platinum Award for manufactur
ing excellence in its Chakan Plant.[30]
It received award for The Most Customer Responsive Company in Automobiles catego
ry in a survey conducted by Economic Times for the years 2004, 2006 and 2008.[31
]
Bajaj Auto received the Bike Maker of the Year award in ICICI Bank Overdrive Awa
rds 2004.[32]
Bajaj Pulsar 180 DTS-i won the BBC World Wheels Viewers Choice Two Wheeler of th
e Year 2003 award.[33]
See also[edit]
List of motorcycle manufacturers
List of scooter manufacturers
Industry5.svgCompanies portal
References[edit]
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