Bajaj Auto Share Price

Bajaj Auto, the flagship company of the Bajaj Group, is a two- and three-wheeler manufacturer with operations in over 70 countries across Latin America, Southeast Asia, and other regions. The company's headquarters are in Pune, India.

It now owns 48% of the KTM Brand, making sports and super sports two-wheelers, up from 14% when it first bought KTM in 2007.

Bajaj Auto Ltd – Growth History and Empire Expansion

M/s Bachraj Trading Corporation Private Limited, the forerunner of Bajaj Auto, was founded on November 29, 1945. It began by importing and selling two- and three-wheel motorcycles in India. It received a license from the Indian government to manufacture two-wheelers and three-wheelers in 1959 and a license from Piaggio to produce Vespa Brand Scooters in India.

In 1960, it became a public limited company. The company changed its branding from a scooter producer to a two-wheeler manufacturer after introducing motorcycles in 1986. Bajaj Auto purchased a controlling stake in the Tempo Firodia firm in the early 2000s, calling it "Bajaj Tempo." Daimler-Benz had a 16% ownership in Bajaj Tempo, but the company sold it back to the Firodia group.

Bajaj Tempo agreed to progressively phase off the "Tempo" brand name, which was still owned by Mercedes-Benz. Over the protests of Bajaj Auto, with whom the firm shares a long history and a compound wall, the company's name was changed to Force Motors in 2005, eliminating "Bajaj" and "Tempo." Bajaj Auto purchased a 14.5% investment in Austrian rival KTM through its Dutch company Bajaj Auto International Holding BV in 2007, progressively growing its position to a 48% non-controlling share by 2020.

In December 2020, Bajaj began talks with KTM's controlling stakeholder, Pierer Mobility, a subsidiary of Pierer Industrie, about selling its KTM interest to Pierer Mobility. Bajaj Auto invested around 57 crores ($8 million) in Yulu, a bicycle, and electric scooter rental startup, on November 26, 2019. Bajaj will also produce specialized electric scooters for Yulu as part of this agreement.

PRESENCE OF BAJAJ AUTO AND PLANTS

Bajaj Auto is the world's fourth-largest maker of two– and three-wheelers. Bajaj Auto has three plants, two in Maharashtra at Waluj and Chakan and one in Uttaranchal at Pant Nagar. The company produces bikes, scooters, and three-wheelers. Bajaj Auto has a distribution network of 485 dealers and over 1,600 authorized service centres in India. For the three-wheeler market, it has 171 exclusive dealers. It has a total of 3750 rural outlets located in rural areas.

The Bajaj brand is well–known throughout Latin America, Africa, the Middle East, and Southeast Asia. Its multi-country distribution network has a strong presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central America, Peru, and Egypt. It has a technological partnership with Kawasaki Heavy Industries of Japan to create the most recent two-wheeler models. Boxer, Caliber, Wind125, Pulsar, and other brands have been introduced by Bajaj Auto. It also introduced India's first true cruiser bike, the Kawasaki Bajaj Eliminator.

Bajaj Auto Products

Bajaj is a company that produces and sells bikes, scooters, auto-rickshaws, and automobiles. Bajaj Auto was India's largest motorbike exporter in 2004. Bajaj is the first Indian two-wheeler company to introduce sporty four-stroke commuter motorcycles to the Indian market. With the 150cc and 180cc Pulsar, Bajaj was able to achieve this.

The CT 100 Platina, Discover, Pulsar, Avenger, and Dominar are some of Bajaj's motorcycles. In the fiscal year 2012–13, it sold 37.6 lakh (3.76 million) motorcycles, accounting for 31% of the Indian motorcycle market. About 24.6 lakh (2.46 million) motorcycles were sold in India, with the remaining 34% being exported.

Autorickshaws (Three-Wheeler)

Bajaj is the world's largest auto-rickshaw producer, accounting for over 84% of India's three-wheeler exports. During the fiscal year 2012–13, it sold around 4,80,000 three-wheelers, accounting for 57% of the total market share in India and 47% of these 4,80,000 three-wheelers were sold in the country, while 53% were exported. In Indonesia, Bajaj three-wheelers are regarded as "iconic" and "ubiquitous," to the point where the term bajaj refers to any auto-rickshaw. 

Low-Cost Cars

In 2010, Bajaj Auto announced a collaboration with Renault and Nissan Motor to produce a US$2,500 automobile with a fuel efficiency of 30 km/l (85 mpg-imp; 71 mpg-US) (3.3 L/100 km), or twice that of a typical compact car, and carbon dioxide emissions of 100 g/km.

Bajaj Auto debuted the Bajaj Qute (previously Bajaj RE60) on January 3, 2012, a tiny automobile for intra-city urban transit that is legally categorized as a quadricycle. Bajaj's three-wheeler consumers were the target market. According to its Managing Director Rajiv Bajaj, the RE60 will have a top speed of 70 kilometres per hour (43 mph), a mileage of 35 kilometres per litre (99 mpg-imp; 82 mpg-US), and carbon dioxide emissions of 60 g/km.

Electric Scooters

In January 2020, Bajaj introduced India's first electric scooter, the Chetak. Bajaj announced a 300 crore investment in December 2021 to develop an electric vehicle manufacturing facility in Pune. According to the business, the plant would be able to build 500,000 electric cars (EVs) each year, serving both domestic and foreign markets.

Key CSR Initiatives

Beyond balance sheets or conventional economic metrics, the Bajaj Group believes that a genuine and full measure of development, success, and advancement is found. It is best exemplified by the impact of business and industry on people's lives.

Since the CSR requirements were initially announced in 2014, the Bajaj Group firms have contributed approximately INR 1,300 crores to programs concentrating on skilling and education, health, livelihoods, and water conservation. Bajaj Auto's CSR priority is to improve the quality of life of marginalized populations living in and around the districts where the company's manufacturing plants are located. Bajaj Auto also contributes to important water conservation programs.

Organizations Supported by the Bajaj group.

• Jankidevi Bajaj Gram Vikas Sanstha (JBGVS)
• IMC Ramkrishna Bajaj National Quality Award
• Jamnalal Bajaj Institute of Management Studies, Mumbai
• Kamalnayan Bajaj Hospital
• Jankidevi Bajaj Puraskar for Woman Rural Entrepreneur
• Shiksha Mandal, Wardha
• The Jamnalal Bajaj Foundation