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The company's origins lie in the 1970s, when Jagjivanbhai Chandra sought to modify motorcycles to make transport to meet the needs of rural areas of Saurashtra, and adapted the engines from golf carts scrapped by the Maharaja of Jamnagar, resulting in his first chhakada vehicles. [2]
[2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4] The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
Going forward, Anglian is looking to invest US$300–600 million in its e-mobility venture as it is committed to build India's first global electric cargo company. [ 9 ] [ 10 ] Omega Seiki Mobility, with their French partner Systemics, are planning to launch hydrogen-powered three-wheelers in India with a range of 700 km with a two kg cylinder.
It was the first indigenously designed bike in technical collaboration with Ugolini of Italy. 2004 marked LML's transition from a single product company to a multi-product two-wheeler company with three simultaneous launches: the Graptor XL (150 cc), the Freedom Prima (110 cc) and Freedom Prima (125 cc).
Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.
TI Clean Mobility Private Limited is a wholly-owned subsidiary of Tube Investments of India Limited (Initially established as TI Cycles of India Limited, Madras), a Murugappa Group Company, effective from 12 February 2022. The company is engaged in the manufacturing and marketing of electric three-wheelers in the passenger auto and cargo segments.
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The company is co-founded by Chetan Maini, the founder of the Reva Electric Car Company [13] (now known as Mahindra Last Mile Mobility Limited), Uday Khemka, Vice Chairman of SUN Group, and Ajay Goel, Co-Founder & Executive Director. [14] Anant Badjatya is the current CEO of the India business, since March 2022. [15]