It was started as Bachraj Trading Corporation Private Limited in the year 1945 by Jamnalal Bajaj.
Chetak was a flagship scooter brand which was started in 1972 and now will be launched as a new electric scooter brand in 2019.
Product Segments
- Motorcycles
- Entry Level
- Sports
- Three Wheelers
- Passenger Carrier
- Goods Carrier
Motorcycles
Baja Auto has a domestic market share of ~18% and stands at 4th position.
Bajaj Auto has a market share of ~60% in motorcycle exports from India.
Entry Level Motorcycles
Popular bikes in this segment are CT 100 and Platina.
Market share of this segment is ~35% as of 2019.
Sports Motorcycles
Popular bikes in this segment are Pulsar (150cc to 220cc) and Avenger.
Bajaj Auto has a dominating segment market share of ~44%
Three-Wheelers
Bajaj Auto is the world’s largest manufacturer and seller of three-wheelers.
It has a domestic market share of ~57% and a total market share of ~61%.
Other than India, the brand enjoys a strong presence across 36 countries.
Passenger Carrier
Bajaj Compact is the No. 1 three wheeler in the world.
Company has a total market share of ~65% in this segment.
Goods Carrier
Model sold in this segment is Maxima C.
Company has a total market share of ~24% in this segment.
Subsidiaries
KTM
KTM is a part of a subsidiary Bajaj Auto International Holdings BV and it holds ~48% stake in KTM.
KTM Duke and KTM RC ranges are popular in India.
KTM has sold over 200,000 bikes in financial year 2018-2019.
Bajaj Group Companies
- Hercules Hoists
- Bajaj Finserv
- Bajaj Holdings & Investment Ltd.
- Bajaj Allianz
- Bajaj Electricals
- Mukand
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