Bajaj Auto Ltd.

The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.

The group's flagship company, Bajaj Auto , is ranked as the world's fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known in over a dozen countries in Europe, Latin America, the US and Asia.

Activities

Bajaj Auto Ltd. is the largest exporter of two and three wheelers . With Kawasaki Heavy Industries of Japan, Bajaj manufactures state-of-the-art range of two-wheelers. The brand, Pulsar is continually dominating the Indian motorcycle market in the premium segment. Its Discover DTSi is also a successful bike on Indian roads .

Since 1986, there is a technical tie-up of Bajaj Auto Ltd. with Kawasaki Heavy Industries of Japan to manufacture state-of-art range of latest two-wheelers in India. The JV has already given the Indian market the KB series, 4S and 4S Champion, Boxer, the Caliber series, and Wind125.

Bajaj Auto & Allianz have signed their third joint venture partnership, ' Bajaj Allianz Financial Distributors Ltd. ', encouraged by the tremendous performance of the Bajaj Allianz Life Insurance & Bajaj Allianz General Insurance and by the strong trust of consumers in the ‘Bajaj Allianz’ brand.

Bajaj Auto 's two and three wheelers are manufactured in three modern mass production facilities at Pune, Aurangabad and at a state of the art plant at Chakan. The combined installed capacity at the company's manufacturing locations exceeds three million vehicles. Further expansion is underway with a plant being put up at Pantnagar in Uttranchal and also another plant at Chakan for a new range of three and four wheeler goods carriers.

Performance

Mumbai May 17 Bajaj Auto Ltd. has registered a 4 per cent drop in net profit at ` 308.3 crores in Q4 of 2006-07 (` 321.8 crores). The company's turnover for the quarter grew 9 per cent to ` 2,471.3 crores (` 2,269 crores).

For the fiscal year March 31, 2007, the company posted a 10 per cent rise in net profit at ` 1,237.1 crores (` 1,123.3 crores). The turnover was at ` 10,076 crores (` 8,106.4 crores) a rise of 24 per cent.


Organization

Rahul Bajaj - Chairman

He was appointed Chief Executive Officer of Bajaj Auto in 1968 and took over later as Head of the Bajaj Group of companies.
Contact Details
Registered & Head Office: Bajaj Auto Ltd.
Akurdi,
Pune 411035,
India.
Phone: (020) 27472851, 27476151