Bestowing ‘Hamara Bajaj’ to India; Padma Bhushan Rahul Bajaj Passes Away at 83

Rahul Bajaj 2022
Rahul Bajaj 2022

One of India's iconic industrialists, Rahul Bajaj, the former chairman of Bajaj Group, breathed his last, aged 83, on Saturday, February 12, at his home in Pune. He is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter Sunaina Kejriwal. He was admitted to the hospital for the last one month with pneumonia and also a cardiac problem, informed Dr Purvez Grant, the managing trustee at Ruby Hall Clinic.

Former Bajaj group chairman Rahul Bajaj passes away, India loses the icon who gave India its iconic Bajaj Chetak scooter. Born on June 10, 1938, Shri Bajaj completed his BA (Honours) in Economics from the University of Delhi, a law degree from Mumbai University and an MBA from Harvard Business School. He took the reins of Bajaj Group in 1965 and acted as the Chairman of the Bajaj Group for over 40 years.

Rahul Bajaj resigned as the chairman of Bajaj Auto in April last year and was currently the Chairman Emeritus of the firm. Under his leadership, the automaker thrived onto the Indian two-wheeler space with India's iconic Bajaj Chetak scooter, synonymous with the middle-class aspiration, aptly made popular with the advertisement jingle 'Humara Bajaj'. This resulted in the firm's jump to ₹12,000 crores from just ₹7.2 crore turnover. 

He was awarded the third-highest civilian award Padma Bhushan in 2001 and also served as a Rajya Sabha MP from 2006-10. He also graced many other positions, including the Chairman of Indian Airlines and Chairman of the board of governors of the Indian Institute of Technology, Bombay. His last rites will be completed with full state honours on Sunday, announced Maharashtra Chief Minister Uddhav Thackeray.


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