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BAJAJ GROUP: Owner and Founder

Jamnalal Bajaj was an Indian industrialist, a philanthropist, and Indian independence fighter. He was also a close associate and follower of Mahatma Gandhi. Gandhi is known to have adopted him as his son. He founded the Bajaj Group of companies in 1926. The group now has 24 companies, including 6 listed companies. Besides Bajaj Auto Ltd, the other major companies in the group include Mukand Ltd, Bajaj Electricals Ltd and Bajaj Hindusthan Ltd. One of his grandsons, Rahul Bajaj, runs the family flagship company, Bajaj Auto. Several institutions in India bears his name, including the Jamnalal Bajaj Institute of Management Studies. A locality, JB Nagar, in the sub-urban Andheri in Mumbai has been named after him.

Bajaj Group is an Indian conglomerate company. Bajaj Group is one of the oldest and largest conglomerates based in Mumbai, Maharashtra. The group comprises 37 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. Some of the notable companies are Bajaj Auto Ltd, Bajaj Finserv Ltd, Hercules Hoists Ltd, Bajaj Electricals, Mukand Ltd, Bajaj Hindusthan Ltd and Bajaj Holding & Investment Ltd. The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.

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