Bajaj Auto’s board of directors have approved the re-appointment of Rajiv Bajaj as the Managing Director and Chief Executive Officer of the company for another term of five consecutive years with effect from April 1, 2025.
- Bajaj Auto has re-appointed Rajiv Bajaj for a tenure of five years
- Rajiv Bajaj has played a pivotal role in Bajaj Auto’s growth
- Bajaj Auto has sold over 21 lakh units in the domestic market
Rajiv Bajaj will stay on as MD and CEO till 2030
Rajiv Bajaj has been instrumental in introducing Bajaj Auto to the motorcycle market, a segment he believed had great growth potential. This decision has changed the face of Bajaj Auto and greatly accelerated the company’s growth.
In 2005, Rajiv Bajaj was voted our sister publication, Autocar Professional’s, Man of the Year for having led the company’s transition from a scooter manufacturer to a leading motorcycle OEM. He has a strong belief in brand-led business strategy, as seen in the Pulsar brand and other motorcycle models, as well as in engaging strongly in the global two-wheeler market.
In the current fiscal’s first 11 months, Bajaj Auto has sold over 21 lakh two-wheelers in the domestic market, up 3.27 percent YoY, and exported over 15.4 lakh units, an increase of 14.52 percent YoY. While the company is currently ranked third in the domestic motorcycle market in FY2025, with an 18 percent market share, it is the No. 1 two-wheeler exporter.
In the scooter market, where it sells a single product line – the Chetak EV – Bajaj Auto has sold over 2 lakh units in the past 11 months, an increase of 123 percent year on year.
About Rajiv Bajaj
Rajiv Bajaj graduated in mechanical engineering from the University of Pune in 1988. Later, completed his masters in Manufacturing Systems Engineering from the University of Warwick in 1990.
On returning from the UK, he started off at the shop floor level at Bajaj Auto where he did a three-year stint. He gained experience in the areas of Manufacturing and Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005), and rose to be managing director of Bajaj Auto in April 2005. He has been on the board of Bajaj Auto since March 5, 2002.
Also see: Bajaj Chetak tops electric scooter sales chart in February 2025
