The Bajaj Group has always lived up to the expectations of its customers, patrons, employees, communities and all other stakeholders, while staying true to the vision and endeavour of its founder, Shri Jamnalal Bajaj. More than nine decades ago in 1926, the Group was founded by Shri Jamnalal Bajaj with the core belief that ‘common good is more important than individual gain’
Today, the seed that he had planted decades ago has transformed into a rich, vibrant tree of shared prosperity and common good. The Bajaj Group is now a diversified conglomerate and amongst the most respected business houses in India. The Group’s business interests span an impressive spectrum — from automobiles, financial services, insurance, steel, to consumer appliances, fast moving consumer durables, engineering, procurement and construction, travel and tourism and material handling.
Despite exponential growth and success of the Group’s businesses since inception, it still upholds the cherished values of ethical business practices and social engineering. Today, the Bajaj Group is more than a corporate identity. It is a catalyst for social empowerment. Beyond business priorities, the Group focuses on community development, healthcare and promotion of education, art, heritage and sports, while helping restore and maintain the ecological balance.
Years in Business
Number of Companies
(1889 – 1942)
Over a century ago, a philanthropist instinctively took the unprecedented step of using business to serve society. He was the founder of the Bajaj Group, Shri. Jamnalal Bajaj. Endearingly called as the Merchant Price by Mahatma Gandhi himself, his businesses were known for their quality, as a direct result of his staunch refusal to indulge in popular unethical cost cutting measures.
(1915 – 1972)
After Shri. Jamnalal passed away in 1942, Shri. Kamalnayan Bajaj took up the mantle of the businesses. Not only did he do a stellar job managing these, but also expanded to new territories and scaled the Bajaj group to fit into the Nehruvian vision of a modern, cosmopolitan and industrial India. He carried the company through the tumultuous partition era and in the post-independence period he deftly navigated the changing industrial laws and legalities.
(1923 – 1994)
In 1972, Shri. Ramkrishna Bajaj, the younger of the Bajaj sons took over as head of Bajaj Group and complimented his brother’s business acumen. He was a leader who approached the business from a different, more holistic perspective. He was deeply passionate about creating a better ethical business environment, and this found manifestation in two organisations that he co-founded — Council for Fair Business Practices and the Advertising Standards Council of India — both of which remain important bodies even today.
(1938 – 2022)
A former member of the Rajya Sabha and Padma Bhushan awardee, Shri. Rahul Bajaj took over the reins in 1994 and laid the founding pillars for key Group activities in the auto, insurance and investment, consumer finance and many more sectors. He left no stone unturned to take the Group to newer heights making it one of the largest and renowned Indian business conglomerates. He was passionate about welfare of society and ably spear-headed the CSR activities of the Group and Jamnalal Bajaj Foundation.