Word: bajaj
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Dates: during 2000-2009
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...Meanwhile Nissan's Micra hatchback will debut in India in May. And Renault, which has a tie-up with India's Bajaj Auto, is taking on the 660 cc-engine Nano by developing its own low-priced city car that will be constructed partially of motorcycle parts to save costs. (See the 12 most important cars of all time...
...version, whose water many consider no longer fit for human consumption, is gaining notoriety for its unpredictable nature - flash floods one day, barely a trickle the next. "We need to find a way of storing the excess water and using it through the rest of the year," says A.K. Bajaj, Chairman of India's Central Water Commission. (Read "India's Floods: a Manmade Disaster...
...being driven exclusively by multinational cash and expertise. The country has a base of homegrown companies, like the Tata group, that are developing quickly, some of them with burgeoning international operations of their own. (See Tata story.) "Many Indian companies are dreaming of being world class," says Sanjiv Bajaj, executive director of Pune-based scootermaker Bajaj Auto. They're eliminating redundant staff, streamlining management and investing in modern production lines. A decade ago, Bajaj made one million two- and three-wheeled vehicles with 24,000 employees; today, it churns out 2.2 million with 10,000. "It is possible to deliver...
...Initiatives like that are encouraging. "Add infrastructure and a flexible labor policy and boom! We'll have so much foreign exchange coming in we won't know what to do with it," says Rahul Bajaj, chairman of Bajaj Auto. But the country has made false starts on the road to modernization before. Is this time different? "I don't think this party can be spoiled," says Shirish Sankhe, a partner at McKinsey in Bombay. "No one wants to stay out of India...
Another recipient, Rahul Bajaj, MBA ’64, has run the Indian auto manufacturer Bajaj Auto Ltd., the fourth-largest manufacturer of three-wheeled scooters and motorcycles in the world, for the past four decades...