phrasing that often accompanies biased or unverifiable information . such statements should be clarified or removed . march 2013 bajaj group type public company industry conglomerate founded 1926 ; 90 years ago 1926 founder jamnalal bajaj headquarters pune maharashtra 1 india area served worldwide key people rahul bajaj shekhar bajaj madhur bajaj niraj bajaj rajiv bajaj sanjiv bajaj products automobile financial services home appliances electrical iron and steel insurance revenue 425.540 billion us 6.3 billion number of employees 45 000 subsidiaries bajaj auto ltd. bajaj holdings & investment ltd. bajaj finserv ltd bajaj finance limited bajaj allianz general insurance company ltd. bajaj allianz life insurance company ltd. bajaj electricals ltd mukand ltd hercules hoists ltd mukand engineers ltd website www.bajajgroup.org bajaj group pronounced buh jaaj is an indian conglomerate founded by jamnalal bajaj in mumbai in 1926 . 2 3 bajaj group is one of the oldest and largest conglomerates based in mumbai maharashtra . 4 the group comprises 36 companies and its flagship company bajaj auto is ranked as the world s fourth largest two and three wheeler manufacturer . 5 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. 6 the group has involvement in various industries that include automobiles 2 and 3 wheelers home appliances lighting iron and steel insurance travel and finance . contents 1 jamnalal bajaj 1884 1942 2 kamalnayan bajaj 1915 1972 3 ramkrishna bajaj 1924 1994 4 rahul bajaj 5 bajaj group companies 6 corporate social responsibility 6.1 education 6.2 health 6.3 women empowerment 6.4 self reliance 6.5 rural development 6.6 environment & natural resources 6.7 awards & recognition 6.8 environment & natural resources 6.9 awards & recognition 6.10 environment & natural resources 6.11 awards & recognition 6.12 environment & natural resources 6.13 awards & recognition 7 see also 8 references 9 external links jamnalal bajaj 1884 1942 edit the bajaj group of companies was founded by jamnalal bajaj and enjoyed significant growth . however bajaj s business interests were the means to a larger and holistic end . kamalnayan bajaj 1915 1972 edit kamalnayan bajaj the eldest son of jamanalal bajaj started shouldering family responsibilities from an early age . after completing his education from university of cambridge england kamalnayan returned to india to assist his father jamanalal both in business and in social service . kamalnayan was a man of strict principles which he never swerved from . he had earmarked a large portion of the income from his family business for public causes and social service programmes the mantle of all of which he had inherited from his father . he always had a sense of a larger social mission transcending the dictates of business and the bottom line . every new business venture that kamalnayan got into eloquently testified to his legendary business acumen . with tremendous foresight and a spirit of zestful enterprise kamalnayan acquired ailing industrial units and then turned them around . he went on to expand the business by branching into manufacture of scooter three wheeler cement alloy casting and electricals . in 1954 kamalnayan took over active management of the bajaj group companies . ramkrishna bajaj 1924 1994 edit ramkrishna bajaj the younger son of jamanalal took over after the demise of his elder brother kamalnayan bajaj in 1972 . in addition to shouldering business responsibilities ramkrishna s energies were largely directed towards the social service and social welfare programmes of the bajaj group . he was of the firm conviction that he could make an impactful and meaningful contribution to the community through social work . ramkrishna had a flair and panache for working with youth . he was elected as the chairman of world assembly for youth india in 1961 . he also held the office of the managing trustee of the indian youth centres trust which conceived and created the vishwa yuvak kendra in 1968 a trail blazing organisation in youth development . rahul bajaj edit rahul bajaj the chairman and managing director of the bajaj group is one of india s renowned industrialists and is internationally respected for his business expertise and entrepreneurial character . rahul bajaj is the grandson of jamnalal bajaj who founded the bajaj group . he completed his schooling from cathedral a school in bombay . then he further pursued his studies from st stephen s college delhi government law college mumbai and harvard university usa . he took over control of the bajaj group in 1965 and successfully established one of india s largest conglomerates . bajaj group companies edit bajaj auto ltd. manufacturers of scooters motorcycles and three wheeler vehicles and spare parts . bajaj finance ltd. deals in financial services including hire purchase financing & leasing . bajaj finserv ltd financial services . bajaj holdings & investment ltd. investment company focusing on new business opportunities . mukand ltd. manufacturers of stainless alloy and special steels including carbon and alloy steels . bajaj electricals ltd. manufacturers of electric fans highmasts lattice closed towers and poles . bajaj ventures ltd. involved in manufacturing and trading of power tools and manufacturing of houseware and parts . maharashtra scooters ltd. k manufacturers of scooters . bajaj allianz general insurance company ltd. general insurance business . bajaj allianz life insurance co ltd. life insurance business . bajaj financial solutions ltd. distribution of financial products and services . bajaj allianz financial distributors ltd. distribution of financial products . bajaj auto holdings ltd. investment company . pt bajaj auto indonesia ptbai bajaj auto venture in indonesia . bajaj auto international holdings bv bajaj auto venture in netherlands . hind lamps ltd. manufactures gls fluorescent miniature lamps and major components such as glass shells miniature and alluminium caps lead glass . mukand engineers ltd. construction fabrication and erection of industrial and infrastructural projects and infotech business . mukand international ltd. trading in metals steel and ferro alloys . bajaj sevashram pvt. ltd. investment activities . jamnalal sons pvt. ltd. investment and finance company . rahul securities pvt. ltd. shekhar holdings pvt. ltd. madhur securities pvt. ltd. niraj holdings pvt. ltd. rupa equities pvt. ltd. kamalnayan investments & trading pvt. ltd. sanraj nayan investments pvt. ltd. hercules hoists ltd. manufactures indef brand materials handling equipment such as triple spur gear chain pulley blocks chain electric hoists and wire rope . hind musafir agency ltd. travel agency . bajaj international pvt. ltd. export electric fans gls lamps fluorescent tubes light fittings etc. bachhraj factories pvt. ltd. ginning and pressing of cotton bales . baroda industries pvt. ltd. investment company . jeewan ltd. investment company bachhraj & co. pvt. ltd. investment company . the hindusthan housing co. ltd. services company . hospet steels ltd. steel plant consisting of iron making division steel making division and rolling mill division . corporate social responsibility edit bajaj group is involved in a variety of welfare activities which are carried out with the support of its companies and trusts . the social and welfare objectives of the bajaj group are being fulfilled through the many trusts and foundations it has established . spending up to 100 million us 1.5 million every year . 7 education edit shiksha mandal wardha was established in 1914 by jamnalal bajaj for educating the youth of india . this mandal was a part of the national movement and received support for several national leaders including mohandas karamchand gandhi . it was also the first institute in india to prepare text books and conduct examinations in hindi and marathi at the graduate level . currently the mandal runs two commerce colleges in wardha & nagpur a science college and agricultural college and rural institute and a polytechnic at wardha . it has almost 10 000 students on its rolls . 6 of its 7 colleges are government aided and hence its fees are low . it aims to provide values based high quality education and it has succeeded in quite a measure . its science college has been adjudged as a college with potential for excellence by the ugc . its agriculture college has been rated as a by its affiliating university and its polytechnic has been rated as excellent by msbte . kamalnayan bajaj school location at chinchwad was established in 1976 . initially it started off as a school providing education from lower kg to grade 12 and in 2007 it also started running a junior college . janaki devi bajaj institute of management studies was established in august 1997 . it is a centre of management studies and the postgraduate department of management education of the sndt women s university . it offers a variety of full time and part time professional courses at masters level and postgraduate diploma courses in management specifically for women . jamnalal bajaj institute of management studies set up by the university of mumbai in collaboration with the graduate school of business stanford university . with a donation from the jamnalal bajaj seva trust was established in 1965 . it was the first to start a full time 2 year masters programme in management studies mms in india . besides that it offers various management courses for executives . bajaj group volunteered to adopt 3 industrial training institute for upgradation iti mulshi iti haveli and iti ramnager . a two day training program was organised for all the staff of the institutes at a remote location to open the minds to aim high and receive better ideas and go out and achieve excellence . the company enabled education of eligible bright backward students with the launch of a program that would help scheduled castes and scheduled tribes students achieve academic excellence and make them at par with those who can afford coaching for top institutes . health edit kamalnayan bajaj hospital in aurangabad was established in 1990 as a hospital and research center . although it was relatively small when it started it has soon grown into a very well equipped hospital with 225 beds 60 full time doctors and 150 staff organ transplant center well equipped cath lab ct scan mri mammography & dept of radiation oncology and so on . the bajaj ycm hospital a.r.t center for hiv aids in pimpri was established as a public private partnership between government of india ministry of health and family welfare national aids control organisation naco and confederation of indian industry cii to provide better healthcare facilities to aids patients . women empowerment edit among others one of the objectives of the jankidevi bajaj gram vikas sanstha is to empower women and it has been doing so by training women in using improved technology for storage of food grains and initiating goat rearing projects owned and managed by women emphasising the importance of family planning particularly tubectomy operations and securing loans for women members for both consumption and income generation . imc ladies wing jankidevi bajaj puraskar for rural entrepreneurship which commemorates the birth centenary of the late smt . jankidevi bajaj is an award conferred for outstanding contribution of women working for rural development self reliance edit the jamnalal bajaj seva trust initially assisted sarvodaya workers and gandhian constructive programmes . however some years down it established the international sarvodaya centre in vishwaneedam with an aim to promote agriculture dairy development rural development and training local women and youth for self employment . it also funded the establishment of jamnalar bajaj institute of management studies and undertook the maintenance of bajajwadi at wardha . finally the trust has also made significant contributions to the promotion of arts and culture through the kamalnayan bajaj hall and art gallery . the jankidevi bajaj gram vikas sanstha also pays great emphasis on self reliance and it helps the rural population to do so by building family size biogas plants training women in using improved technology for storage of food grains and so on . the imc ramkrishna bajaj national quality