History of Bajaj
The company Bajaj Auto was born 29 November 1945 in India and originally bore the name of M/s Bachraj Trading Corporation Private Limited. This is an Indian manufacturer of cars and vehicles. The main office is located in Pune, and factories in the cities Chakan, Aurangabad and Pantnagar.
The range of large vehicles, scooters, mopeds and other motorized equipment.
Initially the company was only selling foreign vehicles with 2 or three wheels in India. And in 1959, the company started to produce these wagons themselves. In 1970, the company issued 100 000-th vehicle, and then the speed of production increased markedly and only for 1977 were produced 100,000 vehicles. In 1986, production of vehicles has increased to 500 000 units per year!
1995 again was the anniversary. Total volume of issued vehicles exceeded 10 million units.
The company exports its goods to other countries and the demand for them continues to grow, thanks to low prices and acceptable quality. In 2005 the company was included in the list of the 2000 largest companies in the world by Forbes Global, but in 2010 this indicator failed to keep.
The head of the company Rahul Bajaj with a fortune of almost $ 1.5 billion.
The company does not intend to rest on our laurels. With 2012 in talks with Renault and Nissan to release a new budget car. The cost of new items, according to preliminary estimates will not exceed $ 2,500.