View source for Bajaj Auto

{{short description|Indian two-wheeler and three-wheeler manufacturing company}}
{{Use dmy dates|date=September 2020}}
{{Use Indian English|date=June 2022}}
{{Infobox company
| name = Bajaj Auto Limited
| logo = 
| logo_size = 150px
| logo_alt = BAJAJ
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list|{{BSE|532977}}|{{NSE|BAJAJ-AUTO}}|[[NIFTY 50|NSE NIFTY 50]] constituent}}
| ISIN = {{ISIN|sl=n|pl=y|INE917I01010}}
| industry = [[Automotive industry|Automotive]]
| founded = {{Start date and age|df=yes|1945|11|29}}
| founder = [[Jamnalal Bajaj]]
| location = [[Pune]], [[Maharashtra]], India
| areas_served = Worldwide
| key_people = [[Rajiv Bajaj]] ([[chairman]], MD & [[Chief executive officer|CEO]])
| products = Motorcycles and [[auto rickshaw|three-wheeler vehicles]]
| production = {{Increase}} 6,330,000 units (2019)<ref name=finance/>
| revenue = {{profit}} {{INRConvert|52468|c}} (FY2025)<ref name=finance>{{cite web|url=http://investors.bajajauto.com/wp-content/uploads/2024/06/BAL_Annual_Report_2024.pdf|title=Bajaj Auto Ltd Annual Report 2024|publisher=Bajaj Auto Ltd|access-date=20 August 2024}}</ref>
| operating_income = {{profit}} {{INRConvert|10223|c}} (FY2025)<ref name=finance/>
| net_income = {{profit}} {{INRConvert|7324|c}} (FY2025)<ref name=finance/>
| assets = {{profit}} {{INRConvert|54198|c}} (FY2025)<ref name=finance/>
| equity = {{down}} {{INRConvert|35188|c}} (FY2025)<ref name=finance/>
| num_employees = 8,826
 (March 2024)<ref name=finance/>
| parent = [[Bajaj Group]]
| homepage = {{URL|https://www.bajajauto.com|bajajauto.com}}<br>{{URL|https://www.globalbajaj.com/|globalbajaj.com}}
}}

'''Bajaj Auto Limited''' ({{IPAc-en|b|ə|ˈ|dʒ|ɑː|dʒ}} {{respell|bə|JAHJ}}) is an Indian [[Multinational corporation|multinational]] automotive manufacturing company based in [[Pune]].<ref>{{cite web|url=http://www.equitylion.com/bajaj-auto-expert-view-target-share-price-stock-recommendation-report-2017/|title=Company Profile - Bajaj Auto|date=11 June 2017|publisher=Equitylion|access-date=20 June 2017}}</ref> It manufactures [[motorcycles]], [[Scooter (motorcycle)|scooters]] and [[auto rickshaw]]s. Bajaj Auto is a part of the [[Bajaj Group]]. It was founded by [[Jamnalal Bajaj]] (1889–1942) in [[Rajasthan]] in the 1940s.

Bajaj Auto is the world's third-largest manufacturer of motorcycles and the second-largest in India.<ref>{{cite news|url=http://in.reuters.com/article/bajaj-auto-idINDEE84G06M20120517|archive-url=https://web.archive.org/web/20160107074929/http://in.reuters.com/article/bajaj-auto-idINDEE84G06M20120517|url-status=dead|archive-date=7 January 2016|title=News Article|publisher=Reuters|date= 17 May 2012|access-date=22 May 2012}}</ref> It is the world's largest three-wheeler manufacturer.<ref>{{cite news |url=https://www.deccanchronicle.com/business/in-other-news/150316/india-is-the-largest-three-wheeler-industry-globally.html |title=India is the largest three-wheeler industry globally |publisher=[[Deccan Chronicle]] |date=15 March 2016 |access-date=15 December 2016 |quote=The top-three players such as market leader Bajaj Auto, second largest manufacturer Piaggio and Mahindra and Mahindra […].}}</ref> In December 2020, Bajaj Auto crossed a market capitalisation of {{INRConvert|1|t}}, making it the world's most valuable two-wheeler company.<ref>{{cite news |url=https://www.financialexpress.com/auto/bike-news/bajaj-auto-december-2020-sales-worlds-most-valuable-two-wheeler-brand-bajaj-dominar-250-price/2163626/lite/ |title=Bajaj Auto now world's most valuable two-wheeler brand: Crosses Rs 1 lakh crore market cap mark |publisher=Financial Express |date=4 January 2021 |access-date=4 January 2021}}</ref>

==History==
[[File:Bajaj scooter.jpg|thumb| [[Bajaj Chetak]] built under license from [[Piaggio]]]]
Bajaj auto was established on 29 November 1945 as M/s Bajaj Trading Corporation Private Limited.<ref name=":0">{{Cite news|title=Bajaj Auto Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/bajaj-auto-28074/information/company-history|access-date=8 May 2020}}</ref> It initially imported and sold two- and three-wheelers in India.<ref name=":0" /> 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 in India.<ref name=":0" /> It became a [[public limited company]] in 1960.<ref name=":0" />

With the launch of motorcycles in 1986, the company changed its branding from a scooter manufacturer to a two-wheeler manufacturer.<ref>{{Cite web|title=Bajaj Auto - A historical analysis- Business News|url=https://www.businesstoday.in/opinion/columns/bajaj-auto--a-historical-analysis-hero-honda/story/225472.html|website=www.businesstoday.in|date=30 October 2015 |access-date=8 May 2020}}</ref>

In 1984, Bajaj Auto signed a technical assistance agreement with [[Kawasaki Heavy Industries|Kawasaki]], cooperating to expand production and sales of motorcycles in the local market.<ref>{{cite web|title=Bajaj Auto ends its partnership with Kawasaki in India|url=http://timesofindia.indiatimes.com/business/india-business/bajaj-auto-ends-its-partnership-with-kawasaki-in-india/articleshow/57824865.cms|last=Iyer|first=Satyanarayan|date=25 March 2017|work=[[The Times of India]]}}</ref>

In the early 2000s, Bajaj Auto bought a controlling stake in the Tempo Firodia company, renaming it "Bajaj Tempo". Germany's [[Daimler-Benz]] owned 16% of Bajaj Tempo, but Daimler sold their stake back to the Firodia group. It was agreed that Bajaj Tempo would gradually phase out the use of the "Tempo" brand name, as it still belonged to Mercedes-Benz.<ref name=change>{{cite journal | url = https://timesofindia.indiatimes.com/business/india-business/Bajaj-Tempo-will-now-be-Force-Motors/articleshow/1031213.cms | archive-url = https://web.archive.org/web/20130921054339/http://articles.timesofindia.indiatimes.com/2005-02-24/india-business/27845035_1_btl-bajaj-tempo-firodias | url-status = live | archive-date = 21 September 2013 | title = Bajaj Tempo will now be Force Motors | date = 24 February 2005 | journal = [[The Times of India]] | access-date = 20 September 2013 }}</ref><ref>{{Cite news|last1=M|first1=Sabarinath|last2=Kalesh|first2=Baiju|date=18 August 2014|title=Bajaj group sells three-fourths of its shares in Force Motors|work=The Economic Times|url=https://economictimes.indiatimes.com/bajaj-group-sells-three-fourths-of-its-shares-in-force-motors/articleshow/40353118.cms?from=mdr|access-date=8 May 2020}}</ref> The name of the company was changed to [[Force Motors]] in 2005, dropping "Bajaj" as well as "Tempo", over the objections of Bajaj Auto with whom the company shares a long history as well as a compound wall.<ref>{{cite news | url = https://timesofindia.indiatimes.com/business/india-business/Bajaj-Tempo-will-now-be-Force-Motors/articleshow/1031213.cms | title = Bajaj Tempo will now be Force Motors | date = 24 February 2005 | journal = The Times of India | publisher = TNN | access-date = 18 June 2018 }}</ref>

In 2007, Bajaj Auto, through its Dutch subsidiary Bajaj Auto International Holding BV, purchased a 14.5% stake of Austrian rival [[KTM]],<ref>{{cite web |url=https://www.wsj.com/articles/SB10001424052748703712504576234593485365996 | title=Bajaj on Track for Low Cost Car Launch |date=31 March 2011 |work=Wall Street Journal |first=Anirban |last=Chowdhury |access-date=15 January 2021}}</ref> gradually increasing its stake to a 48% non-controlling share by 2020. In December 2020, Bajaj started discussions on swapping its stake from KTM to KTM's controlling shareholder Pierer Mobility, a subsidiary of Pierer Industrie.<ref>{{cite web |url=https://www.livemint.com/companies/news/bajaj-auto-eyes-access-to-ev-tech-through-ktm-share-swap-11606828079301.html |title=Bajaj Auto eyes access to EV tech through KTM share swap |date=1 December 2020 |work=LiveMint |first=Amit |last=Panday |access-date=15 January 2021}}</ref>

On 26 May 2008,  Bajaj Auto Limited was split off into three corporate entities — [[Bajaj Finserv|Bajaj Finserv Limited]] (BFL), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL).<ref>{{cite news |url=http://economictimes.indiatimes.com/Features/The_Sunday_ET/Corporate/Bajaj_Auto_demerger_is_complete/articleshow/3069396.cms |title=Bajaj Auto demerger complete |work=The Economic Times|date=25 May 2008|access-date=21 May 2009}}</ref><ref>{{cite web|url=http://www.bajajauto.com/demerger.asp |title=Demerger News |publisher=Bajaj Auto |access-date=27 October 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131022073528/http://www.bajajauto.com/demerger.asp |archive-date=22 October 2013  }}</ref>

In 2017, Bajaj Auto and [[Triumph Motorcycles Ltd]] teamed up to build mid-capacity motorcycles.<ref>{{Cite news|url=http://www.business-standard.com/article/companies/bikes-from-bajaj-tie-up-will-be-sold-here-exported-too-nick-bloor-117081700070_1.html/|title = Bikes from Bajaj tie-up will be sold here & exported too: Nick Bloor|newspaper = Business Standard India|date = 17 August 2017|last1 = Gupta|first1 = Surajeet Das}}</ref>

In 2017, Bajaj and Kawasaki ended a sales and services partnership in India for the sale and after-sales service of [[Kawasaki motorcycles]], which had been established in 2009. The partnership's dealerships were later converted into KTM ones. Bajaj and Kawasaki continue with their relationship in overseas markets.<ref>{{Cite news|url=https://www.business-standard.com/article/companies/bajaj-eight-year-long-alliance-with-kawasaki-comes-to-an-end-117032500178_1.html|title=Bajaj, Kawasaki end sales tie-up|newspaper=Business Standard India|date=26 March 2017|last1=Narasimhan|first1=T. E.}}</ref>

On 26 November 2019, Bajaj Auto invested about ₹57 [[crore]] ($8 million) in bicycle and electric scooter rental startup Yulu.<ref name=":1" /> In this deal, Bajaj would also manufacture customised [[electric motorcycles and scooters|electric scooters]] for Yulu.<ref name=":1">{{cite news | url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/bajaj-auto-pumps-in-8-million-into-mobility-startup-yulu/articleshow/72237145.cms | title=Bajaj Auto pumps in $8 million into mobility startup Yulu | newspaper=The Economic Times | first=Aditi | last=Shrivastava | date=26 November 2019 | access-date=19 January 2021 }}</ref>

Bajaj Auto continued its operations in Russia despite the Russian invasion of Ukraine. While many international companies ceased operations in Russia, Bajaj has maintained business as usual in the Russian market.<ref>{{Cite web |last=Power |first=John |title=A year into Ukraine war, Asia's big brands sit out Russia boycott |url=https://www.aljazeera.com/economy/2023/2/24/asian-brands-sit-out-russia-boycotts |access-date=2024-12-06 |website=Al Jazeera |language=en}}</ref>

== Manufacturing ==
The company has plants in [[Chakan, Maharashtra|Chakan]], [[Waluj]] in [[Aurangabad]] and [[Pantnagar]].<ref name="Forbes">{{cite web |date=31 May 2013 |title=Bajaj Auto at Forbes |url=https://www.forbes.com/companies/bajaj-auto/ |access-date=27 October 2013 |work=Forbes}}</ref> The oldest plant at [[Akurdi, Mawal|Akurdi]] in Pune houses the [[Research and development|R&D]] centre 'Ahead'.<ref>{{Cite web |title=Bajaj Auto may set up first electric vehicle plant in Akurdi |url=https://www.moneycontrol.com/news/technology/auto/bajaj-auto-may-set-up-first-electric-vehicle-plant-in-akurdi-7689501.html |access-date=2022-08-31 |website=Moneycontrol |date=8 November 2021 |language=en}}</ref>

==Products==
[[File:Pulsar 220 new model.jpg|alt=|thumb|220x220px|[[Bajaj Pulsar]]  220]]
[[File:Dominar 400.jpg|thumb|Bajaj Dominar 400]]
[[File:Bajaj Pulsar 200 NS.jpg|alt=|thumb|[[Bajaj Pulsar NS200]]]]
[[File:Bajaj RE (front), Jakarta.jpg|alt=|thumb|A Bajaj RE [[autorickshaw]] in [[Jakarta]], Indonesia]]
Bajaj manufactures and sells [[motorcycle]]s, scooters, [[Auto rickshaw|auto-rickshaws]] and cars.<ref>{{Cite web|title=The History Of Bajaj Auto|url=https://www.motorbeam.com/the-history-of-bajaj-auto/|last=Vira|first=Dhanil|date=22 July 2012|website=Motor Beam|access-date=8 May 2020}}</ref> As of 2004, Bajaj Auto was India's largest exporter of motorcycles.<ref>{{cite news| url=https://www.bikewale.com/news/38323-bajaj-sales-increases-by-25-per-cent-in-january.html | title= Bajaj sales increase by 25 per cent in January - BikeWale}}</ref>

Bajaj is the first Indian two-wheeler manufacturer to deliver 4-stroke commuter motorcycles with sporty performance for the Indian market.{{vague|date=January 2021}}<ref>{{Cite web|title=Bajaj Dominar: Pursuit of perfection|url=https://kathmandupost.com/wheels/2020/01/07/bajaj-dominar-pursuit-of-perfection|website=kathmandupost.com|language=en|access-date=8 May 2020}}</ref> Bajaj achieved this with the 150cc and 180cc Pulsar.{{cn|date=July 2025}}

Motorcycles produced by Bajaj include the [[Bajaj CT 100|CT 100]] [[Bajaj Platina|Platina]],<ref>{{cite news |title=Bajaj Auto launches new Platina 100ES at INR 53,920 - ET Auto |url=https://auto.economictimes.indiatimes.com/news/two-wheelers/motorcycles/bajaj-auto-launches-new-platina-100es-at-inr-53920/81290524 |work=ETAuto.com |language=en}}</ref> [[Bajaj Discover|Discover]], [[Bajaj Pulsar|Pulsar]], [[Bajaj Avenger|Avenger]], and Dominar.
In [[Fiscal year|FY]] 2012–13, it sold approximately 37.6 [[lakh]] (3.76&nbsp;million) motorcycles which accounted for 31% of the market share in India. Of these, approximately 24.6 lakh (2.46&nbsp;million) motorcycles (66%) were sold in India, and the remaining 34% were exported.{{cn|date=July 2025}}

===Auto rickshaw (three wheeler)===
Bajaj is the world's largest manufacturer of [[auto rickshaws]] and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported. In Indonesia, Bajaj three-wheelers are described as "iconic" and "ubiquitous" to the point that the word ''bajaj'' (pronounced ''bajay''<ref>{{cite book | last=Stevens | first=A.M. | title=A comprehensive Indonesian-English Dictionary | publisher=Mizan | year=2004 | isbn=978-979-433-387-7 | url=https://books.google.com/books?id=cF97F--suNAC&pg=PA78  | page=78}}</ref>) is used to refer to [[genericized trademark|auto rickshaws of any kind]].<ref>{{Cite news|url=https://www.thehindu.com/news/international/world/the-ubiquitous-bajaj-remains-an-indonesian-icon/article4841323.ece|title = The ubiquitous Bajaj remains an Indonesian Icon|newspaper = The Hindu|date = 23 June 2013|last1 = Aiyar|first1 = Pallavi}}</ref><ref>{{Cite web |last=Banjarnahor |first=Donald |title=Siap-Siap! Grab Mulai Uji Coba Layanan Bajay di Jakarta |url=https://www.cnbcindonesia.com/tech/20190220141438-37-56639/siap-siap-grab-mulai-uji-coba-layanan-bajay-di-jakarta |access-date=2024-01-18 |website=CNBC Indonesia |language=id-ID}}</ref>

===Low-cost cars===
In 2010, Bajaj Auto announced cooperation with [[Renault]] and [[Nissan Motor Company|Nissan Motor]] to develop a US$2,500 car, aiming at a [[fuel efficiency]] of {{convert|30|km/L}} (3.3 L/100&nbsp;km), or twice an average small car, and [[carbon dioxide]] emissions of 100&nbsp;g/km.<ref>{{cite web|url=http://www.enn.com/sci-tech/article/37437 |title=How green is my low-cost car? India revs up debate |publisher=ENN |date=19 June 2008 |access-date=24 November 2010}}</ref><ref>{{cite web|url=http://www.timesofindia.zigwheels.com/News/Bajaj-small-car-may-cost-Rs-11-lakh/Bajaj_20100526-1-1 |archive-url=https://web.archive.org/web/20100530035307/http://www.timesofindia.zigwheels.com/News/Bajaj-small-car-may-cost-Rs-11-lakh/Bajaj_20100526-1-1 |url-status=dead |archive-date=30 May 2010 |title=Bajaj small car may cost Rs 1.1 lakh – News – Zigwheels |publisher=Timesofindia.zigwheels.com |access-date=24 November 2010 }}</ref>

On 3 January 2012, Bajaj auto unveiled the [[Bajaj Qute]] (formerly ''Bajaj RE60''), a mini car for intra-city urban transportation, which is legally classified as a [[Quadricycle (EU vehicle classification)|quadricycle]]. The target customer group was Bajaj's three-wheeler customers.<ref name=IT2012>{{cite news|title=Bajaj Auto unveils small car RE 60 in partnership with Nissan and Renault|url=http://articles.economictimes.indiatimes.com/2012-01-03/news/30584922_1_renault-nissan-alliance-nissan-and-renault-bajaj-auto|archive-url=https://web.archive.org/web/20130723134928/http://articles.economictimes.indiatimes.com/2012-01-03/news/30584922_1_renault-nissan-alliance-nissan-and-renault-bajaj-auto|url-status=dead|archive-date=23 July 2013|access-date=3 January 2012|newspaper=The Times of India|date=3 January 2012}}</ref> According to its Managing Director Rajiv Bajaj, the RE60 powered by a new 200 cc rear mounted petrol engine will have a top speed of {{convert|70|km/h}}, a mileage of {{convert|35|km/L}} and carbon dioxide emissions of 60&nbsp;g/km.<ref name=IT2012/><ref name=NDTV>{{cite news|last=Saxen|first=Ruchita|title=Bajaj Auto launches low cost car RE 60, promises 40 km per litre|url=http://profit.ndtv.com/News/Article/bajaj-auto-launches-ultra-low-cost-car-re-60-295239|access-date=3 January 2012|newspaper=New Delhi Television|date=3 January 2012}}</ref>

=== Electric scooters ===
Bajaj launched its first electric scooter, the Chetak, in India in January 2020.<ref>{{cite news |date=January 14, 2020 |title=Bajaj Chetak electric scooter launched, price starts at Rs 1 lakh |newspaper=Hindustan Times |url=https://www.indiatoday.in/auto/new-launches/story/bajaj-chetak-electric-scooter-launched-check-out-price-variants-features-and-other-details-1636712-2020-01-14}}</ref> In December 2021, Bajaj announced an investment of {{INR}}300 crore to build an electric vehicle production facility in Pune. According to the company, the plant would be able to produce 500,000 [[Electric vehicle|electric vehicles]] (EVs) each year, catering to both domestic and international markets.<ref>{{Cite web |date=December 30, 2021 |title=Bajaj Auto to set up Rs 300-crore EV plant |url=https://indianexpress.com/article/business/bajaj-auto-ev-plant-7697235/ }}</ref>

==Listing and shareholding==

===Listing===
Bajaj Auto's equity shares are listed on [[Bombay Stock Exchange]] where it is a constituent of the [[BSE SENSEX]] index,<ref>{{cite web |url=http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |title=Scripwise Weightages in S&P BSE SENSEX |publisher=BSE India |access-date=27 October 2013 |archive-url=https://web.archive.org/web/20151201094728/http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |archive-date=1 December 2015 |url-status=dead }}</ref> and the [[National Stock Exchange of India]] where it is a constituent of the [[CNX Nifty]].<ref>{{cite web |url=https://www.nseindia.com/products-services/indices-nifty50-index |title=Download List of CNX Nifty stocks (.csv) |publisher=NSE India |access-date=27 October 2013}}</ref>

===Shareholding===
On 31 December 2022, 54.98% of the equity shares of the company were owned by the promoters Bajaj Group and the remaining were owned by others.<ref>{{Cite web |title=Latest BAJAJ AUTO Shareholding Pattern |url=https://www.equitymaster.com/stock-research/shareholding-pattern/BAJAU/BAJAJ-AUTO-Shareholding-Pattern |access-date=2023-01-25 |website=Equitymaster}}</ref>

{| class="wikitable"
|-
! Shareholders (as of 31 December 2022)!! Shareholding %
|-
| Promoters: Bajaj Group||54.98%
|-
| Mutual funds, FIs, and insurance companies ||9.73%
|-
| Foreign institutional investors||11.82%
|-
| Individual shareholders||9.55%
|-
| Bodies corporate||4.35%
|-
| Foreign portfolio investments corporations||0.60%
|-
| GDRs||NIL
|-
| Others||8.97%
|-
| Total||100.0%
|}
As of 31 March 2020, there were 100 funds that had disclosed positions in the company, including funds by [[The Vanguard Group]], [[Dimensional Fund Advisors]] and [[Fidelity Investments]].<ref>{{cite web|url=https://fintel.io/so/in/bajaj-auto|title=BAJAJ-AUTO / BAJAJ AUTO LTD. - Institutional Ownership and Shareholders|publisher=Fintel}}</ref>

==Employees==
Bajaj Auto had a total of 10,000 employees as of 2019, of which 51 were women (0.63%) and 25 were differently-abled (0.31%).<ref name=BRR201213>{{cite web|url=http://www.bajajauto.com/report/bal_brr_2013_for_web.pdf |title=Business Responsibility Report 2012-13 |publisher=Bajaj Auto |access-date=27 October 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131029194500/http://www.bajajauto.com/report/bal_brr_2013_for_web.pdf |archive-date=29 October 2013  }}</ref> It spent {{INRConvert|650|c|lk=|year=2012}} on employee benefit expenses during the FY 2012–13. The company was headed by [[Rahul Bajaj]] until 2005 whose net worth was around US$2 billion in March 2013. Currently, his son Rajiv Bajaj heads the company.<ref>{{cite web |url=https://www.forbes.com/profile/rahul-bajaj/ |work=Forbes |title=Rahul Bajaj at Forbes |access-date=27 October 2013}}</ref>

==See also==
* [[List of Bajaj Auto products]]
* [[Bajaj Lite]]
* [[Energy Conversion Devices#Ovonic batteries|Energy Conversion Devices, Inc]]
* [[List of motorcycle manufacturers]]
* [[List of motor scooter manufacturers and brands]]

==References==
{{Reflist|30em}}

== Further reading ==

* {{Cite web |last=Swapna |first=A.J. |date=2016-06-22 |title=Bajaj V: 'Heroic' Bike and Unheroic Choices of Marketing? |url=https://www.etcases.com/bajaj-v-heroic-bike-and-unheroic-choices-of-marketing.html |access-date=2025-01-12 |website=ET Cases}}
* {{Cite web |last1=Ghoshal |first1=Sumantra |last2=Piramal |first2=Gita |last3=Budhiraja |first3=Sudeep |title=The Transformation of Bajaj Auto |url=https://www.thecasecentre.org/products/view?id=21492 |access-date=2025-01-12 |website=[[The Case Centre]] |publisher=[[London Business School]]}}
* {{Cite web |last=Quelch |first=John |author-link=John Quelch (academic) |date=July 1996 |title=Bajaj Auto Ltd. |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=19680 |access-date=2025-01-12 |website=HBS Case Collection |publisher=[[Harvard Business School]]}}

==External links==
{{commons category|Bajaj vehicles}}
*{{Official website|https://www.bajajauto.com}}
{{ finance links
| name = Bajaj Auto
| google = BAJAJ-AUTO
| yahoo = BAJAJ-AUTO.BO
| bloomberg = BJAUT:IN
| reuters = BAJA.BO
}}
{{Portalbar|Companies}}
{{Bajaj Group}}
{{Motorcycles}}
{{Two wheelers in India}}
{{Nifty 200 companies}}
{{BSE Sensex}}
{{CNX Nifty companies}}{{Automotive industry in India}}

[[Category:Bajaj Auto| ]]
[[Category:Bajaj Group]]
[[Category:Motorcycle manufacturers of India]]
[[Category:Scooter manufacturers]]
[[Category:Indian brands]]
[[Category:Vehicle manufacturing companies established in 1945]]
[[Category:NIFTY 50]]
[[Category:Indian companies established in 1945]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]