BAJAJ AUTO LTD COMPANY HISTORY
Bajaj Auto Ltd (BAL) is one of the main two and three-wheeler makers in India. The organization is notable for its R&D item advancement measure designing and minimal effort producing aptitudes.
The 'Bajaj' organization is the biggest exporter of two and three-wheelers in the nation. The organization has two auxiliaries to be specific Bajaj Auto International Holdings BV and PT Bajaj Indonesia. On 29 November 1945 Bajaj Auto appeared under the name M/s Bachraj Trading Corporation Private Limited. In 1948 Bajaj Auto began selling imported two-and three-wheelers in India.
In 1959 Bajaj Auto got a permit from the Government of India to fabricate two-and three-wheelers. In the year 1960 Bajaj Auto turned into a public restricted organization. In the year 1970 Bajaj Auto revealed its 100000th vehicle. In 1971 Bajaj Auto dispatched a three-wheeler merchandise transporter. In 1977 the organization dispatched Rear Engine for Autorickshaw. On 19 January 1984, the establishment stone was laid for Bajaj Auto's new plant at Waluj Aurangabad. On 5 November 1985 Bajaj Auto started creation at the Waluj plant. In 1998 Bajaj Auto initiated creation at its Chakan Pune plant. In November 2001 Bajaj Auto dispatched its excellent bicycle 'Pulsar'. In February 2003 Bajaj Auto dispatched Caliber115 in the leader bike segment. According to the Scheme of Arrangement of Demerger Bajaj Holdings and Investments Ltd (BHIL recent BAL) was demerged into three endeavours with impact from the compelling data viz. 20 February 2008. The holding organization worked in the portions, for example, car protection and venture and others. Considering the development openings in the auto breeze energy protection and money areas the holding organization de-combined its exercises into three separate elements, all of which can zero in on their centre organizations and fortify competencies. The auto business of the holding organization alongside all resources and liabilities relating thereto remembering ventures for PT Bajaj Auto Indonesia and in a couple of seller organizations moved to Bajaj Investment and Holding Ltd (BHIL). What's more, a sum of Rs 15000 million in real money and money counterparts likewise moved to Bajaj Investment and Holding Ltd. As a part of the plan, Bajaj Holdings and Investment Ltd was renamed as Bajaj Auto Ltd (BAL). The designated date of this de-consolidation was shutting long stretches of business on March 31, 2007. On April 9, 2007, the organization introduced its greenfield plant at Pantnagar in Uttarakhand. In the primary year of activities, the plant delivered more than 275000 vehicles. The organization's vehicle get-together plant at Akurdi was closed down from September 3, 2007, because of the greater expense of creation. In November 2007 Bajaj Auto International Holdings BV an entirely possessed auxiliary organization gained a 14.51% value stake in KTM Power Sports AG of Austria Europe's second-biggest game bike maker for Rs 345 crore. During the year 2007-08, the organization dispatched XCD 125 DTS-Si and the Three-wheeler Direct Injected auto cart. The Chakan plant finished the combined creation of more than 2 million Pulsar. During the year 2009-10, the organization extended the creation limit of Motorized Two and Three Wheelers by 300000 Nos to 4260000 Nos. The organization dispatched Pulsar 220 F Pulsar 180 UG Pulsar 150 UG Pulsar 135 LS and Discover DTS-si in the market. During the year 2010-11, the organization extended the creation limit of Motorized Two and Three Wheelers by 780000 Nos to 5040000 Nos. The organization dispatched Avenger 220 DTS-I KTM Duke 125 Discover 150 and Discover 125 in the market. The organization intends to keep up the limit of two and three-wheelers at the current degree of 5040000 numbers per annum during the year finishing 31 March 2012. The 4 wheel vehicle advancement work is under advancement and business dispatch of the principal item from this stage is booked for 2012. In 2012 Bajaj Auto tied up with Japan's Kawasaki in Indonesia. In 2013 the Company presented another variation of premium bikes under the Bajaj-KTM joint endeavour specifically Duke 390cc for Rs 1.83 lakh. The organization additionally got 'CII Design Excellence Award In 2014 Bajaj Auto sacked request in Sri Lanka - People's Choice Bike of the Year - CNBC TV18 Overdrive Awards. The Company has likewise gotten Bike of the Year BBC Topgear Awards. In 2015 Bajaj Auto presented the all-new Platina electric beginning 100 cc bicycle to the significant distance commuter. On 8 August 2017 Bajaj Auto and Triumph Motorcycles UK reported a worldwide organization whereby Bajaj accessed the famous Triumph brand and its incredible bikes empowering it to offer a more extensive scope of bikes inside its homegrown market and other global business sectors.