Rahul Bajaj: The Visionary Who Built India's Business Spine Through Scooters and Institutions
Published on: Jan. 24, 2026, 7:07 a.m. | Source: scanx.trade
Rahul Bajaj transformed Indian business by launching the iconic Chetak scooter in 1972, converting a 15,000-unit operation into a middle-class phenomenon. Operating during the restrictive Licence Raj era, he successfully challenged bureaucratic constraints and defended expansion before the Monopolies Commission. His leadership philosophy emphasized community integration, living in the factory complex and speaking truth to power, including direct government criticism in 2019. Bajaj expertly managed family succession, resolving disputes and dividing the empire between sons Rajiv and Sanjiv, ensuring continued prosperity across two-wheeler and financial services divisions.
