Rahul Bajaj was born on 10th June 1938 at Bengal. Residency, British India. He is an Indian businessman, industrialist, politician, Forbes billionaire and a member of the Indian Parliament. In ...Associated to charities Akshaya Patra Foundation
Rahul Bajaj was born on 10th June 1938 at Bengal. Residency, British India. He is an Indian businessman, industrialist, politician, Forbes billionaire and a member of the Indian Parliament. In 2010, Forbes had estimated his net worth to be US $ 1.1 Billion making him one of India’s Top 50 richest persons. He is the Chairman of Bajaj Auto, a leading Indian Automobile Manufacturer.
Rahul Bajaj is a son of Rajasthani Businessman Jamnalal Bajaj who started Bajaj Auto in 1945. He is married to Ruparani and has two sons Rajiv & Sanjiv who are involved in the management of his companies and a daughter, Sunaina Kejriwal who is married to Manish Kejriwal who heads Temasek India.
Rahul Bajaj went to The Cathedral and John Connon School. He graduated from St. Stephen's College in Delhi in 1958 with an honors degree in economics. He underwent on-the-job training for 4 years at two of the group companies. During that time, he also earned a law degree in Bombay. He is also an alumnus of the prestigious Harvard Business School in USA. Since Rahul Bajaj took over the charge of Bajaj Group in 1965, under his leadership Bajaj Auto has grown to new heights year after year. The turnover of Bajaj Auto has risen from a mere Rs.72 million to Rs.46.16 billion. He created one of India's best companies in the difficult days of the license-permit raj.
He is the only top executive to have served two terms as president of the Confederation of Indian Industry (CII), which represents over 5,000 companies from India's private and public sectors. He is a member of International Advisory Committee and his expertise in these matters are tapped by the New York Stock Exchange.
For his contribution to Indian industry, he was awarded the nation's third-highest civilian honor, the Padma Bhushan, in 2002.He was nominated to the Rajya Sabha from Maharashtra in June 2006 with cross party support from the NCP, BJP and the Shiv Sena.He was said to be the 20th richest man of India according to the Forbes India poll on top 40 richest persons in India.The Government of India appointed Mr. Bajaj as the Chairman of the Development Council for Automobiles and Allied Industries, 1975-77
.In 1975, Mr. Bajaj received the “Man of the Year” Award from the National Institution of Quality Assurance.Mr. Bajaj was selected as Business India's Businessman of the Year 1985.In 1988, Mr. Bajaj was felicitated for his achievements in a public function by the Pune Municipal Corporation.
Mr. Bajaj was Chairman of Indian Airlines between 1986-89.Mr. Bajaj received the Bombay Management Association Award for The Most Distinguished Services in the Field of Management – 1990
.Mr. Bajaj was appointed by His Royal Highness, The Prince of Wales as a Member of the Prince of Wales International Business Leaders Forum in February 1992.FIE Foundation awarded Mr. Bajaj the Rashtrabhushan Award in 1996. Lokmanya Tilak Smarak Trust awarded Mr. Bajaj the Tilak Award in 2000.He was also conferred the Alumni Achievement Award by the Harvard Business School in September 2005. He was a recipient of many more national as well as international honors.