Rahul Bajaj (born 10 June 1938) is an Indian businessman, politician and philanthropist.

He is the chairman of Indian conglomerate Bajaj Group and member of parliament. Bajaj comes from the business house started by a RajasthaniMarwadi businessman Jamnalal Bajaj. He was awarded the third highest civilian award Padma Bhushan in 2001[2] Education and Career[edit] Rahul Bajaj is an alumnus of Harvard Business School in USA, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School.[3] He took over Bajaj Group in 1965. Personal life[edit] His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. His daughter.Sunaina is married to Manish Kejriwal, the former head of Temasek India. Rahul Bajaj is the patriarch of the 87 year-old Bajaj Group whose flagship Bajaj Auto is the country's second largest maker of two-wheelers. Run by son Rajiv, it is closing in on market leader and fellow billionaire Brijmohan Lall Munjal's Hero MotoCorp. In September, its Discover bike outsold Hero's Splendor model, the country's best selling bike and in January it launched a new 100 CC basic model. Eyeing expansion overseas, it's partnering with Kawasaki to jointly market their bikes globally. It reportedly plans to enter the US market with a bike developed with Austrian firm KTM. Its partnership

with Nissan to make a small car to rival Tata's Nano has gone nowhere. Financial services arm, which son Sanjiv oversees, has an insurance joint venture with Germany's Allianz Group. He was elected to the Upper House of Parliament (Rajya Sabha 2006 - 2010 An official release added that Mr Bajaj, an Honours Graduate in Economics and Law with a MBA from Harvard Business School, hails from an illustrious industrial family that has been associated with the Indian freedom struggle. The late Mr Jamnalal Bajaj, grandfather of Mr Rahul Bajaj was a close ally of the father of the nation, Mahatma Gandhi. In recognition of his contribution to the Indian corporate sector, the Government had appointed Mr Bajaj on various important positions. These included the chairmanship of the Development Council for Automobiles and Allied Industries in 1975-77, of India n Airlines between 1986 an 1989, and the chairmanship of the Technology Development Advisory Group on `Technology Trends in Automobiles' in August 1991, He was also a member of the Indo-German consultative Group in August 1992. Mr Bajaj also chaired the World Economic Forum in Davos, Switzerland in January this year. He was also President of the Confederation of Indian Industry (CII) during 1979-80 and 1999-2000.

Mr. Bajaj has received many prestigious awards and recognitions, notable being the award of 'Padma Bhushan' by the Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst & Young and CNBC TV18. Mr. Bajaj was appointed Knight in the Order of the Legion of Honour by the President of the French Republic. Mr. Bajaj has been conferred Honorary Doctorates by 7 Universities including IIT Roorkee. Mr. Bajaj was the President of Confederation of Indian Industry (CII - 1979-80/1999-2000). He was President of Society of Indian Automobile Manufacturers (SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and Chairman of the Development Council for Automobiles and Allied Industries. Mr. Bajaj was appointed by the Government of India the Chairman (1986-89) of the Government owned domestic carrier, Indian Airlines. Mr. Bajaj was nominated by the President of India the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay during 2003-06. Mr. Bajaj is a Member & former Chairman of the

International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business School's Global Advisory Board. He is also a Member of the International Advisory Council of the Brookings Institution, Washington DC and a Member of the Executive Board of Indian School of Business. Mr. Bajaj spear-heads the CSR initiatives of the Bajaj Group which include Jamnalal Bajaj Foundation and Shiksha Mandal and a number of social organizations including Bharatiya Yuva Shakti Trust and Ruby Hall Clinic, a large hospital in Pune as their Chairman.!!!!!!

Rahul Bajaj was born on 10th June 1938 at Bengal. Residency, British India. He is an Indian businessman, industrialist, politician, Forbes billionaire and a member of the Indian Parliament. In 2010, Forbes had estimated his net worth to be US $ 1.1 Billion making him one of Indias Top 50 richest persons. He is the Chairman of Bajaj Auto, a leading Indian Automobile Manufacturer. Family Rahul Bajaj is a son of Rajasthani Businessman Jamnalal Bajaj who started Bajaj Auto in 1945. He has one brother, Shishir Bajaj, with whom there was a recent business settlement ending the family dispute. He has 3 cousins, Shekhar, Madhur and Niraj together with

whom he controls the Bajaj Group of companies. He is married to Ruparani and has two sons Rajiv & Sanjiv who are involved in the management of his companies and a daughter, Sunaina Kejriwal who is married to Manish Kejriwal who heads Temasek India.

Growing up Rahul Bajaj went to The Cathedral and John Connon School. He graduated from St. Stephen's College in Delhi in 1958 with an honors degree in economics. He underwent on-the-job training for 4 years at two of the group companies. During that time, he also earned a law degree in Bombay. He is also an alumnus of the prestigious Harvard Business School in USA. The BeginningGiven his family background- at the tender age of 12, he started dreaming of becoming a businessman. His grandfather had bought a steel mill and a sugar mill, and in 1945 his father founded Bajaj Auto, now the crown jewel in the Bajaj Group. In the 1970s, India was a socialist state barred by rules and regulations. As a result, there was no entrepreneurship and nothing could be done without government approval. At this difficult time Bajaj became the CEO of Bajaj Auto Ltd. (BAL) in 1968 at the age of 30 making him one of the youngest CEOs of that time.

In this environment, the company was limited to produce just 20,000 units a year. Supply and demand didn't match. Hence, after placing their order, customers had to wait for roughly ten years to receive it. To lower costs while improving the price and quality of the products, he increased production to avail Economies of Scale. He ignored a government regulation and increased volume by more than the permitted 25 percent of his licensed capacity. His grandfather had been known as the "fifth son" of Mahatma Gandhi and his parents and grandparents had spent time in British prisons for the sake of Indian independence. Hence, he didn't fear of going to jail for the (illegal) excess production. Also, the fact that he was producing a commodity that most Indians needed gave him the strength to take the risk. He established factories at Akurdi and Waluj and worked hard to expand BAL- now the world's fourthlargest maker of motorized scooters, three-wheel vehicles, and motorcycles - India's most common forms of transportation. Achievements Since Rahul Bajaj took over the charge of Bajaj Group in 1965, under his leadership Bajaj Auto has grown to new heights year after year. The turnover of Bajaj Auto has risen from a mere Rs.72 million to Rs.46.16 billion. He created one of India's best companies in the difficult days of the license-permit raj.

Apart from his achievements as the CEO of BAL, his individual achievements are: He is the only top executive to have served two terms as president of the Confederation of Indian Industry (CII), which represents over 5,000 companies from India's private and public sectors.

He is a member of International Advisory Committee and his expertise in these matters are tapped by the New York Stock Exchange. For his contribution to Indian industry, he was awarded the nation's third-highest civilian honor, the Padma Bhushan, in 2002. He was nominated to the Rajya Sabha from Maharashtra in June 2006 with cross party support from the NCP, BJP and the Shiv Sena. He was said to be the 20th richest man of India according to the Forbes India poll on top 40 richest persons in India. The Government of India appointed Mr. Bajaj as the Chairman of the Development Council for Automobiles and Allied Industries, 1975-77. In 1975, Mr. Bajaj received the Man of the Year Award from the National Institution of Quality Assurance. Mr. Bajaj was selected as Business India's Businessman of the Year 1985.

In 1988, Mr. Bajaj was felicitated for his achievements in a public function by the Pune Municipal Corporation. Mr. Bajaj was Chairman of Indian Airlines between 198689. Mr. Bajaj received the Bombay Management Association Award for The Most Distinguished Services in the Field of Management 1990. Mr. Bajaj was appointed by His Royal Highness, The Prince of Wales as a Member of the Prince of Wales International Business Leaders Forum in February 1992. FIE Foundation awarded Mr. Bajaj the Rashtrabhushan Award in 1996. Lokmanya Tilak Smarak Trust awarded Mr. Bajaj the Tilak Award in 2000. He was also conferred the Alumni Achievement Award by the Harvard Business School in September 2005. He was a recipient of many more national as well as international honors.