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Bajaj Group
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
The Bajaj Group of Companies was founded by Jamnalal Bajaj.
Kamalnayan Bajaj, the elder son of Jamanalal Bajaj, after completing his education from University of Cambridge, England to assist his father both in business and in social service. He expanded the business by branching into manufacture of scooter, three-wheeler, cement, alloy casting and electricals. In 1954, Kamalnayan took over active management of the Bajaj Group companies.
Ramkrishna Bajaj, the younger son of Jamanalal, took over after the death of his elder brother Kamalnayan Bajaj in 1972. In addition to shouldering business responsibilities, Ramkrishna's energies were largely directed towards the social service and social welfare programmes of the Bajaj Group. He was elected as the Chairman of World Assembly for Youth (India) in 1961. He also held the office of the Managing Trustee of the Indian Youth Centres Trust, which conceived and created the Vishwa Yuvak Kendra in 1968, a youth development organisation.
Rahul Bajaj, the chairman emeritus and former managing director (until 2005) of the Bajaj group was the grandson of Jamnalal Bajaj. He completed his schooling from Cathedral, a school in Bombay. Then he pursued his studies from St Stephen's College, Delhi, Government Law College, Mumbai and Harvard University, USA. He took over control of the Bajaj Group in 1965 and established one of India's largest conglomerates. The President of India, presented CII President's Award for Lifetime Achievement to Mr. Rahul Bajaj on 27 April 2017.
In October 9, 2024 the Bajaj family was ranked 10th on Forbes list of India’s 100 richest tycoons, with a net worth of $23.4 billion.
Some of the other notable members of this family include:
Shiksha Mandal Wardha was established in 1914 by Jamnalal Bajaj for educating the youth of India. This Mandal was a part of the national movement and received support from several national leaders including Mahatma Gandhi. It was also the first institute in India to prepare text books and conduct examinations in Hindi and Marathi at the graduate level. Currently, the Mandal runs two commerce colleges (in Wardha and Nagpur), a Science College and Agricultural College and Rural Institute and a Polytechnic at Wardha and in 2017 started its first engineering institution Bajaj Institute of Technology, Wardha. It has almost 10,000 students on its rolls. Its Science College has been adjudged as a College with Potential for Excellence by the UGC. Its Agriculture College has been rated as 'A' by its affiliating university and its Polytechnic has been rated as excellent by MSBTE.
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Bajaj Group
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
The Bajaj Group of Companies was founded by Jamnalal Bajaj.
Kamalnayan Bajaj, the elder son of Jamanalal Bajaj, after completing his education from University of Cambridge, England to assist his father both in business and in social service. He expanded the business by branching into manufacture of scooter, three-wheeler, cement, alloy casting and electricals. In 1954, Kamalnayan took over active management of the Bajaj Group companies.
Ramkrishna Bajaj, the younger son of Jamanalal, took over after the death of his elder brother Kamalnayan Bajaj in 1972. In addition to shouldering business responsibilities, Ramkrishna's energies were largely directed towards the social service and social welfare programmes of the Bajaj Group. He was elected as the Chairman of World Assembly for Youth (India) in 1961. He also held the office of the Managing Trustee of the Indian Youth Centres Trust, which conceived and created the Vishwa Yuvak Kendra in 1968, a youth development organisation.
Rahul Bajaj, the chairman emeritus and former managing director (until 2005) of the Bajaj group was the grandson of Jamnalal Bajaj. He completed his schooling from Cathedral, a school in Bombay. Then he pursued his studies from St Stephen's College, Delhi, Government Law College, Mumbai and Harvard University, USA. He took over control of the Bajaj Group in 1965 and established one of India's largest conglomerates. The President of India, presented CII President's Award for Lifetime Achievement to Mr. Rahul Bajaj on 27 April 2017.
In October 9, 2024 the Bajaj family was ranked 10th on Forbes list of India’s 100 richest tycoons, with a net worth of $23.4 billion.
Some of the other notable members of this family include:
Shiksha Mandal Wardha was established in 1914 by Jamnalal Bajaj for educating the youth of India. This Mandal was a part of the national movement and received support from several national leaders including Mahatma Gandhi. It was also the first institute in India to prepare text books and conduct examinations in Hindi and Marathi at the graduate level. Currently, the Mandal runs two commerce colleges (in Wardha and Nagpur), a Science College and Agricultural College and Rural Institute and a Polytechnic at Wardha and in 2017 started its first engineering institution Bajaj Institute of Technology, Wardha. It has almost 10,000 students on its rolls. Its Science College has been adjudged as a College with Potential for Excellence by the UGC. Its Agriculture College has been rated as 'A' by its affiliating university and its Polytechnic has been rated as excellent by MSBTE.