Rahul Bajaj (born June 10, 1938) is a Graduate in Economics (Honours) and Law and completed his Masters in Business Administration from Harvard Business School. He took charge of the erstwhile Bajaj Auto as the Chief Executive Officer in 1968 when the company’s annual turnover was over Rs. 72 million. In 2007-08, the Company's annual turnover was over Rs. 100 billion (US$ 2.45 billion). Today Bajaj Auto is India's premier two and three-wheeler company.
Under Mr. Bajaj’s leadership, Bajaj Auto has received various awards including the 1977 Export Award from the Federation of Indian Chambers of Commerce and Industry (FICCI), the 1985 Economic Times and Harvard Business School Association Award for Corporate Performance, the CII Award for Quality and Reliability in 1984 and 1988, and for Technology and Innovation in 1985. For the year 1994-95, Bajaj Auto received the Engineering Export Promotion Council’s award for the highest exports of consumer durables nationally and the highest exports of engineering goods in the western region. Bajaj Auto received Dalal Street Journal's Corporate Excellence Award for 1990 and 1995 (Rank I).
Post demerger of the company, Bajaj continues to act as the non-executive Chairman. The Group manufactures and markets a range of products and services in India and abroad, including two and three wheelers, home appliances, lamps, wind energy, special alloy and stainless steel, castings, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance and investment and financial services. Market capitalization of the group at present is over US $10 billion.
AWARDS AND RECOGNITION
|YEAR||AWARDS & RECOGNITION|
|1975-77||Appointed as the Chairman of the Development Council for Automobiles and Allied Industries by the Government of India|
|1975||Received the Man of the Year Award from the National Institution of Quality Assurance|
|1985||Business India's Businessman of the Year|
|1986-89||Chairman of Indian Airlines|
|1990||Received the Bombay Management Association Award for the Most Distinguished Services in the Field of Management|
|1991||Appointed as the Chairman of Technology Development Advisory Group on 'Technology Trends in Automobiles' by the Government of India|
|1992||Appointed by His Royal Highness, The Prince of Wales, as a Member of the Prince of Wales International Business Leaders Forum in February|
|1992||Appointed as a member of Indo-German Consultative Group by the Government of India|
|1996||Awarded the Rashtrabhushan Award by the FIE foundation|
|2000||Received the Tilak Award by the Lokmanya Tilak Smarak Trust|
|2001||Awarded the 'Padma Bhushan' by the President of India|
|2002||Received the Jeevan Sadhana Gaurav Puraskar by the Pune University|
|2003||First person to be inducted by the ICICI Bank and the leading automotive magazine, Overdrive, in the Indian Automotive Hall of Pride|
|2003||Nominated by the President of India as the Chairman of the Board of Governors of the Indian Institute of Technology (IIT), Bombay on 12th May, 2003 for a period of 3 years|
|2005||Conferred the Alumni Achievement Award by the Harvard Business School in September 2005.|
|2006||Elected to the Upper House of Parliament (Rajya Sabha) from Maharashtra|
|2006||Awarded the Marathwada Mitra Puraskar by Marathwada Lok Vikas Manch in June 2006|
|2007||Awarded the JRD Tata Corporate Leadership Award by All India Management Association in February|