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Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation
Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it
obtained license from the Government of India to manufacture two- and three-wheelers and it
went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to
produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at
Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single
financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million
vehicles in a year.

Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the world's
4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in
Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makes and exports
motorscooters, motorcycles and the auto rickshaw. It is widely believed that Bajaj is headed
for a de-merger into 2 separate companies: Bajaj Auto and Bajaj Finance. The Forbes Global
2000 list for the year 2005 ranked Bajaj Auto at 1946˜

G
Highlights:

Œ The total motorcycle sales in 2003-04 crossed the Ñ
Ñ
mark registering a

growth of 18% v/s 2002-03 - higher than the industry growth rate of 15%.
y To increase its volumes in the entry level segment of the motorcycle market, the
Company has launched a new model CT-100 in May 2004. This bike with its class
leading performance and phenomenal fuel efficiency is expected to redefine the entry
level segment.
y To garner a substantial share in the executive segment of the motorcycle market a
technologically superior bike, internally code named K 60, will be launched in second
quarter of 2004-05.
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