New Delhi: Rahul Bajaj, a prominent businessman and honorary chairman of the Bajaj Group, passed away in Pune on Saturday after a long illness. He was 83 years old.
Born in Kolkata in 1938, Mr. Bajaj became head of the Bajaj Group in 1965. He was only 27 years old.
Hamara BajajHe brought sophisticated, world-class advertising to Indian television screens through his cult campaign 'Hamara Bajaj-Buland Bharat ki Buland Tasveer', a corporate branding campaign that resonated with Indians long before television advertising. , made his two-wheeled name widely known. It took off.
The Bajaj scooter eventually became a symbol and tool of socio-economic change. During his captaincy, the group rapidly grew into one of his largest groups on the subcontinent. Under his stewardship, flagship Bajaj Auto saw its sales increase from just Rs 7,200 crore to Rs 12,000 crore, with its scooters becoming its flagship product.
bold industry leader
Bajaj was seen as a bold industry leader who always spoke his mind, even to government officials.
In November 2019, at an Economic Times-sponsored event in Mumbai attended by Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal, the veteran businessman spoke about the government's “suppression of criticism” and other issues. Ta.
“This environment of fear is definitely in our minds. “You (the government) are doing a good job, but nevertheless, we are not sure whether you welcome criticism or not. I’m not confident,” he said.
Uday Kotak tweeted, “Rahul Bajaj is bold and fearless. A rare businessman who spoke truth to power. A proud Indian. He built a world-class company. Nice to know him. I'm really honored. I'll be sorely missed.”
“The backbone of Indian industry”Harsh Goenka called him the “backbone” of Indian industry.
“A crack has appeared in the 'spine' of Indian business. A close family friend, he was visionary, outspoken and highly respected for his values. End of an era! He leaves behind two of the most talented sons in the industry, Rajiv and Sanjiv,” Goenka said in a tweet.
Bajaj is a former Rajya Sabha member and was awarded the Padma Bhushan in 2001.
many roles
Mr. Bajaj is also credited with helping build the industry lobby and served two terms as chairman of CII.
He also held a number of other positions, including Chairman of Indian Airlines and Chairman of the Board of Directors of the Indian Institute of Technology Bombay.
He is also a past chairman of the International Business Council, the World Economic Forum, and a former member of the South Asia Advisory Board of Harvard Business School.
Additionally, he is a former member of the International Advisory Board of the Brookings Institution in Washington, DC.
Born in Kolkata in 1938, Mr. Bajaj became head of the Bajaj Group in 1965. He was only 27 years old.
Hamara BajajHe brought sophisticated, world-class advertising to Indian television screens through his cult campaign 'Hamara Bajaj-Buland Bharat ki Buland Tasveer', a corporate branding campaign that resonated with Indians long before television advertising. , made his two-wheeled name widely known. It took off.
The Bajaj scooter eventually became a symbol and tool of socio-economic change. During his captaincy, the group rapidly grew into one of his largest groups on the subcontinent. Under his stewardship, flagship Bajaj Auto saw its sales increase from just Rs 7,200 crore to Rs 12,000 crore, with its scooters becoming its flagship product.
bold industry leader
Bajaj was seen as a bold industry leader who always spoke his mind, even to government officials.
In November 2019, at an Economic Times-sponsored event in Mumbai attended by Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal, the veteran businessman spoke about the government's “suppression of criticism” and other issues. Ta.
“This environment of fear is definitely in our minds. “You (the government) are doing a good job, but nevertheless, we are not sure whether you welcome criticism or not. I’m not confident,” he said.
Expanding
“The backbone of Indian industry”Harsh Goenka called him the “backbone” of Indian industry.
“A crack has appeared in the 'spine' of Indian business. A close family friend, he was visionary, outspoken and highly respected for his values. End of an era! He leaves behind two of the most talented sons in the industry, Rajiv and Sanjiv,” Goenka said in a tweet.
Bajaj is a former Rajya Sabha member and was awarded the Padma Bhushan in 2001.
many roles
Mr. Bajaj is also credited with helping build the industry lobby and served two terms as chairman of CII.
He also held a number of other positions, including Chairman of Indian Airlines and Chairman of the Board of Directors of the Indian Institute of Technology Bombay.
He is also a past chairman of the International Business Council, the World Economic Forum, and a former member of the South Asia Advisory Board of Harvard Business School.
Additionally, he is a former member of the International Advisory Board of the Brookings Institution in Washington, DC.
Rahul Bajaj
The businessman also spearheaded the CSR activities of Bajaj group of companies and charitable trusts such as Jamnalal Bajaj Foundation.
He holds a BA (Honours) in Economics from the University of Delhi, a Law degree from the University of Mumbai, and an MBA from Harvard Business School.
Bajaj is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter, Sunaina Kejriwal.
(Information provided by agency)
