Rahul Bajaj:Man who called spade a spade even if it meant ruffling feathers



‘Hamara Bajaj’ was the iconic jingle that resonated with aspirations of the middle class in a pre-liberalised India. And the man behind that brand was one of the biggest and brave industrialists –


Straightforward and outspoken, Bajaj not just had the guts to create a two and three-wheeler brand during permit raj but also had the courage that few industrialists of the present day could talk of.





Bajaj, 83, who was the Chairman Emeritus of the when he breathed his last on Saturday, was starkly different from his usually diplomatic peers, with his ability to call a spade a spade, even if it meant ruffling feathers in the government or even confronting his own son.


And this was perhaps what made him in late November 2019 ask a group of ministers, including Home Minister Amit Shah, a few pointed questions about mob lynching, Pragya Thakur and the government’s ‘stifling of criticism’.


Born in Calcutta on June 10, 1938, his grandfather Jamnalal Bajaj founded the in 1926. A graduate from the St Stephen’s College in Delhi and an MBA from Harvard Business School in the US, Rahul started off as deputy general manager as part of his father Kamalnayan Bajaj’s team and went on to become the CEO in 1968 at the age of 30.


After taking charge, led the group to a growth path, diversifying it into general and life insurance, investment and consumer finance, home appliances, electric lamps, wind energy, special alloy and stainless steel, material handling equipment and travel.

See also  Delhi: Schools, colleges and gyms to re-open; night curfew hours reduced


He steered the diversified entity during India’s transition from a closed economy to a liberalised one and drove the company to expand its product portfolio with the Bajaj brand finding foothold in global markets while warding off emerging competition from Japanese motorcycle makers that challenged the Bajaj Auto’s scooters in the late 1990s.


Under his stewardship, Bajaj Auto, the group’s flagship company, saw its turnover grow to Rs 12,000 crore from just Rs 7.2 crore with the firm’s scooters becoming the mainstay.


He later split Bajaj Auto into three units in 2008 — Bajaj Auto, Bajaj Finserv and a holding company. Rahul Bajaj’s sons and are now managing the auto and finance companies, respectively.


The company’s Bajaj Chetak scooter became an aspirational symbol for the middle class Indian families then, with the ‘Hamara Bajaj’ tune becoming synonymous with their hopes of a better future, and the picture of a strong nation.


In 2005, he had started passing the baton of the company to son Rajiv Bajaj, who became the managing director of Bajaj Auto and led the company to become a truly global automobile player.


However, when Rajiv decided to do away with scooters and shift Bajaj Auto’s focus on motorcycles in 2009, the senior Bajaj did not hide his disappointment, publicly saying “I feel bad, I feel hurt”. Although, Rajiv opined that solutions should come more from logic than emotions.


Similarly, his outspokenness came to the fore in November 2019, at an event organised by the Economic Times in Mumbai, where Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, and Commerce Minister Piyush Goyal were present, when the veteran industrialist spoke about the government’s ‘stifling of criticism’, among other things.

See also  Data story: India logs 285,914 cases; total caseload crosses 40-mn mark


“This environment of fear, it’s definitely on our minds. You (the government) are doing good work; and despite that, we don’t have the confidence that you’ll appreciate criticism,” he had said.


One of the most successful business leaders of India, Bajaj was elected to Rajya Sabha in June 2006 and remained a member till 2010.


He was recipient of many awards, including the Padma Bhushan and honorary doctorates from many universities. His leadership role in the industry and his guidance was always looked up to. Till date, he remains the only person to be industry chamber CII’s president for two terms — 1979-80 and 1999-2000.


He also held many other positions, including the chairman of Indian Airlines and the chairman of the board of governors of the Indian Institute of Technology, Bombay.


He was also a former chairman of the International Business Council, World Economic Forum and a former member of the South Asia advisory board of Harvard Business School.


Besides, he was a former member of the International Advisory Council of the Brookings Institution in Washington, DC. The industrialist also spearheaded the CSR activities of the of companies and charitable trusts including Jamnalal Bajaj Foundation.


During the 1980s and 1990s, Bajaj two-wheelers, especially Bajaj Chetak was a common sight on most Indian roads. It was the most used mode for daily commutes of middle class and even for romantic spin by young couples.


It was in 1989 that the ‘Hamara Bajaj’ jingle was used to advertise the automobile and the same instantly captured the imagination of pre-cable tv Indian minds, attaining iconic status.

See also  YES Bank board approves early redemption of eight bonds worth Rs 1,764 cr

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)





Source link

istanbul escort aksaray escort arnavutköy escort ataköy escort avcılar escort avcılar türbanlı escort avrupa yakası escort bağcılar escort bahçelievler escort bahçeşehir escort bakırköy escort başakşehir escort bayrampaşa escort beşiktaş escort beykent escort beylikdüzü escort beylikdüzü türbanlı escort beyoğlu escort büyükçekmece escort cevizlibağ escort çapa escort çatalca escort esenler escort esenyurt escort esenyurt türbanlı escort etiler escort eyüp escort fatih escort fındıkzade escort florya escort gaziosmanpaşa escort güneşli escort güngören escort halkalı escort ikitelli escort istanbul escort kağıthane escort kayaşehir escort küçükçekmece escort mecidiyeköy escort merter escort nişantaşı escort sarıyer escort sefaköy escort silivri escort sultangazi escort suriyeli escort şirinevler escort şişli escort taksim escort topkapı escort yenibosna escort zeytinburnu escort porno 1080p porno izle 4k porno izle 720p porno izle abella danger alman alman porno alman porno izle aloha tube porno amatör amatör porno amatör porno izle anal anal porno anal porno izle arap porno asa akira porno asyalı porno bangbros porno bangbros porno izle banyoda sikis başörtülü porno beeg porno izle beyaz tenli porno izle biseksuel porno izle bisexsuel porno brandi love porno brazzers brazzers porno izle canli porno canli porno izle çinli porno çinli porno izle ensest porno ensest porno izle ensest seks erotik porno erotik porno izle esmer porno esmer porno izle etek altı fake agent fake taxi fake taxi porno fantazi pornoları fantezi porno izle fetiş porno fetiş porno izle fetish fransız porno fransız porno izle full hd hg porno izle gangbang porno genç kız porno izle genç kız sikişi genç teen porno izle gizli çekim porno gizli çekim pornosu grup pornosu grup porno grup porno izle hd pornolar hd porno hd porno izle hemşire porno hemşire pornosu hizmetçi porno hizmetçi porno izle ingiliz porno japon pornoları japon porno kızlık bozma kızlık bozma porno izle konulu porno konulu porno izle koreli porno köylü pornoları kumral porno kumral porno izle latin pornoları latin porno latin porno izle lezbiyen pornoları lezbiyen porno lezbiyen porno izle lisa ann porno liseli pornoları liseli porno liseli porno izle manken porno manken porno izle masaj porno izle masturbasyon porno izle masturbasyon pornoları mature porno mia khalifa porno mia malkova porno milf porno izle mobil porno mobil porno izle öğrenci porno izle öğretmen porno izle okul porno izle olgun kadın pornosu olgun porno oral porno oral porno izle oral seks porna izle pornhub pornhub porno izle porno film izle porno indir porno izle porno resimler porno star porntube porno izle redtube redtube pornoları riley reid porno rokettube rus pornoları rus porno rus porno izle sakso blowjob porno izle sarışın pornoları sarışın porno sarışın porno izle sarışın pornoları sekreter porno shemale sikiş sikiş sikiş izle şişman porno siyahi pornoları suriyeli pornoları swinger porno tecavüz porno teen porn türbanlı pornoları türbanlı porno türk pornoları türk porno türk porno izle türkçe altyazılı porno türkçe altyazılı porno izle xhamster pornoları xhamster porno xhamster porno izle xnxx xnxx porno xnxx porno izle xvideos xvideos porno izle yaşlı porno yeşilçam porno izle youjizz youporn youporn porno izle zenci porno güvenilir bahis siteleri bahis siteleri casino deneme bonusu casino siteleri deneme bonusu para yatırma bonusu bahis siteleri casino siteleribahis sitesi para yatırma