File Picture
Eminent industrialist and former chairman of the Bajaj group Rahul Bajaj passed away on Saturday due to illness at his home in Pune, according to a group official.
Bajaj (83), who stood down from his position of non-executive director and chairman of Bajaj Auto on April 30 last year and remained as the Chairman Emeritus, was not keeping well for some time and passed away at around 2:30 pm on Saturday.
AS soon as the news came in Prime Minister narendra Modi tweeted , Shri Rahul Bajaj Ji will be remembered for his noteworthy contributions to the world of commerce and industry. Beyond business, he was passionate about community service and was a great conversationalist. Pained by his demise. Condolences to his family and friends. Om Shanti.
Shri Rahul Bajaj Ji will be remembered for his noteworthy contributions to the world of commerce and industry. Beyond business, he was passionate about community service and was a great conversationalist. Pained by his demise. Condolences to his family and friends. Om Shanti.
— Narendra Modi (@narendramodi) February 12, 2022
His last rites will be held on Sunday, the official said.
Bajaj is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter Sunaina Kejriwal.
Under his stewardship, flagship firm Bajaj Auto saw its turnover growing to Rs 12,000 crore from just Rs 7.2 crore with the firm’s scooters becoming the mainstay.
The company’s Bajaj Chetak scooter became an aspirational symbol for the middle class Indian families then, with the ‘Humara Bajaj’ tune becoming synonymous with their hopes of a better future.
Former Jammu and Kashmir Chief Minister and National Conference Vice -President Omar Abdullah too tweeted his condolences
I join my father in condoling the death of #RahulBajaj ji. He will be remembered as one of India’s great industrialists who successfully navigated the reforms in the Indian economy while never afraid to speak truth to power. God speed sir. Rest in peace. pic.twitter.com/bxrvpbhGgt
— Omar Abdullah (@OmarAbdullah) February 12, 2022
