BAJAJ AUTO LTD
Bajaj Auto Limited is an Indian multinational two-wheeler and three-wheeler manufacturing company based in Pune, Maharashtra. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s. Bajaj Auto is the world’s third-largest manufacturer of motorcycles and the second-largest in India. It is the world’s largest three-wheeler manufacturer. Bajaj Auto was established on 29 November 1945 as M/s Bachraj Trading Corporation Private Limited. It initially imported and sold two- and three-wheelers in India.Bajaj Auto has also led the pioneering introduction of India’s first ever Quadricycle – Qute. Bajaj Auto exports to 70+ countries and a significant share of revenues come from Exports. This stands as a testament to the new brand image – The World’s Favourite Indian.Bajaj Group addresses the needs of communities residing in the vicinity of its facilities, taking sustainable initiatives in the areas of health, education, environment conservation, infrastructure and community development, and response to natural calamities. Bajaj Auto has supported school infrastructure development, vocational training for entrepreneurship, teach-to-lead as well as scholarships for meritorious students. Bajaj Auto is also supporting Bhartiya Yuva Shakti Trust (BYST) in training 25000 young persons in Aurangabad and Wardha to create 1000 entrepreneurs in 5 years. Over 177 entrepreneurs have been created in first 2 years of the project.Their shareholding pattern consists of Promoters and Promoter Group having 53.70% of shares, Public having 21.77% shares, following by FII’s having 11.18% shares and DII’s with 13.35% shares.