Company Research Report: Bajaj Auto Ltd.
Company Overview
Name, Mission of the Company
Name: Bajaj Auto Ltd.
Mission: No information is available.
Company Founding and Key People
Founded: 1945
Founder: Jamnalal Bajaj
Key People:
- Niraj R. Bajaj, Chairman
- Rajiv Bajaj, Managing Director
- Pradeep Shrivastava, Executive Director
- Rakesh Sharma, Executive Director
- Sanjiv Bajaj, Director
- Abhinav Bindra, Independent Director
- Anami Roy, Independent Director
- Dr. Naushad Forbes, Independent Director
- Pradip Shah, Independent Director
- Vinita Bali, Independent Director
- Dr. Sangita Reddy, Independent Director
Headquarters and Employee Information
Headquartered: Akurdi, Pune, Maharashtra, India
Number of Employees: No information is available.
Revenue Information
Revenue: No information is available.
Recognitions
Known For: Bajaj Auto is known for being India’s No.1 motorcycle exporter and the world's largest manufacturer of three-wheelers. It is also the first two-wheeler and three-wheeler company in the world to reach a market capitalisation of INR one trillion.
Products
Product Offerings and Descriptions
Motorcycles:
1. Freedom
- Class-leading performance and style.
2. Pulsar
- India's favourite 150cc segment.
3. Dominar
- A tourer for riding enthusiasts.
4. Avenger
- Cruiser with unmatched riding comfort.
5. Platina
- Value-conscious customer’s choice.
6. CT
- Utilitarian bikes designed for rugged performance.
3 Wheelers & Qute:
1. Electric 3 Wheeler
- Eco-friendly, reliable transport solutions.
2. RE, Maxima Z, Maxima X Wide, Maxima C, Qute
- World’s No. 1 three-wheeler with various applications.
Key Features of Select Products
- Pulsar N150: Features 14.5 PS peak power, 13.5 Nm torque, single-channel ABS, monoshock rear suspension, and a sporty underbelly exhaust.
- Chetak Electric Scooter: All-metal construction for durability, IP67-rated water resistance, and extended service network for a worry-free ownership experience.
- Triumph Scrambler 400 X: 150 mm suspension travel, wide adjustable handlebars, 835 mm seat height, 195 mm ground clearance, switchable traction control and ABS.
Recent Developments
New Product Launches and Features
New Product Launches:
1. Bajaj Pulsar N150 (September 2023)
- A new variant with advanced features and dynamic styling.
2. Chetak Electric Scooter (Special Festival Price Offer, October 2023)
- Available for INR 1,15,000 in Karnataka and Tamil Nadu.
3. Triumph Scrambler 400 X (October 2023)
- Priced at INR 2,62,996, available with rugged features and accessories.
Key Features Added to Existing Products:
1. Improved Connectivity for Pulsar models: Enhanced connectivity and graphic overhaul for Pulsar 125, 150, and 220F (June 2024).
2. New Chetak Features: Enhanced app functionality and all-metal construction for durability and safety.
Partnerships and Collaborations
1. Bajaj Auto & KTM Partnership:
- Bajaj Auto manufactures small-displacement KTM & Husqvarna motorcycles for worldwide export.
2. Bajaj Auto & Triumph Motorcycles:
- Collaboration includes launching new models like the Speed 400 and Scrambler 400 X, with manufacturing at Bajaj’s Chakan plant.
3. Yulu Partnership:
- Bajaj Auto invested INR 57 crore in urban mobility startup Yulu.
Other Significant Developments
1. Corporate Expansion:
- Triumph's partnership expansion to 100+ cities by April 2024.
- Bajaj Auto sets up a new manufacturing plant for EVs in Akurdi, with an investment of INR 300 crore.
2. Community Engagement:
- The KTM Pro-XP program and Urban Escape Independence Day ride involving 3000+ riders across 120 towns.
Contact Information
Customer Service:
- Call: +91 7219821111 (9 AM to 8 PM)
- Email: customerservice@bajajauto.co.in
- Address: Bajaj Auto Ltd., Akurdi, Pune 411035, India
Corporate Requirements:
- Email: corporatesales@bajajauto.co.in
Investor Relations:
- Rajiv Gandhi (Company Secretary) - rngandhi@bajajauto.co.in
- Nupur Shrivastava (Assistant Manager - Shares) - nshrivastava@bajajauto.co.in
- Anand Newar (Investor Relations) - investor.relations@bajajauto.co.in
This report provides an overview of Bajaj Auto Ltd.'s key details, product offerings, and recent developments based on the data available.
