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Bajaj auto was established on 29 November 1945 as M/s Bajaj Trading Corporation Private Limited. [6] It initially imported and sold two- and three-wheelers in India. [ 6 ] In 1959, it obtained a license from the Government of India to manufacture two-wheelers and three-wheelers and obtained a licence from Piaggio to manufacture Vespa scooters ...
Company Operations Parent company Notes Maruti Suzuki: 1981–present: Suzuki: Founded by the Government of India in 1981 and owned it until 2007. It was sold to the Japanese automaker Suzuki Motor Corporation.
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [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]
Bajaj Finserv Asset Management Company is an asset management company. [37] In March 2023, the final registration from the Securities and Exchange Board of India was granted to commence mutual fund business operations under Bajaj Finserv Mutual Fund. [38]
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [6] [7] It has a customer base of 88.11 million [8] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
[1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [4] As of April 2022, India's auto industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP. [5]
The foundation of Bajaj Tempo originates with the Bajaj Trading Corporation (now Bajaj Auto), which was established in 1945. [1] Bajaj started assembling three-wheeled auto rickshaws and small trucks in 1951, under license from Tempo of Germany. In 1958, the companies announced the creation of a joint venture, called the Bajaj Tempo Motors ...
The first concept prototype was unveiled at EICMA in November 2023, where Ultraviolette showed off a fully electric superbike with active aerodynamics. [21] The motorcycle was unveiled in India for the first time at the AD Design Show in September 2024, where the company announced its intention to break the records for the fastest quarter-mile ...