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Bajaj Group of Company | Subsidiaries

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The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two wheelers manufacturer and three wheelers manufacturer), home appliances, lighting, iron and steel, insurance, travel and finance.

A globally renowned and diversified conglomerate, Bajaj Group today has firmly cemented its position as one of the largest business groups in India. Founded by late Shri Jamnalal Bajaj

With 59 companies catering to diverse consumer needs, The Bajaj Group Companies remain committed to add value with our innovation & vision.

Acting as a catalyst for social empowerment, the group continuously engages in notable contributions to uplift and endow millions across the country, thereby creating a significantly meaningful position for itself.

List of Bajaj Group of Company

Here is the List of Bajaj Group of Company

Bajaj Finserv Ltd.

Bajaj Finserv Limited deals with financial services of the Bajaj Group. Its core businesses are spread across Lending, Insurance and Wealth Advisory.

Bajaj Finance Limited, is the lending and wealth advisory arm of Bajaj Finserv Limited. It is the most diversified non-bank in the country with multiple product lines across consumer, commercial and SME finance, making it one of the most profitable companies in the category.

Bajaj Allianz General Insurance Company Ltd.

The two insurance companies, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company, are joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in the JV and the two companies individually manage operations in general and life insurance spaces.

Bajaj Allianz General Insurance has developed general insurance solutionsthat cover a wide range of needs, from health insurance, to motor insurance, to home and travel insurance, and more.

Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz Life Insurance has developed life insurance solutions that cater to every segment and age-income profiles. Currently Bajaj Allianz Life has a strong life insurance portfolio and caters to all kinds of customer needs from ULIPs to Child plans, from group insurance to health insurance.

Bajaj Auto Ltd.

Read More about Bajaj Auto Ltd

Bajaj Electricals Ltd.

Read More about Bajaj Electricals Ltd

Bajaj Auto Finance Ltd.

The Auto Finance division, Bajaj Auto Finance, has been in operations since 1987 and has served more than 30 lakh customers across India.

The Company offer customers vehicle loans for the purchase of their favorite Bajaj bikes from amongst all the variants namely Pulsar, Avenger, Discover, Platina and the latest V besides KTM bikes. The Company also provide easy and attractive financing schemes for a wide range of Bajaj RE three wheelers.

Bajaj Finance has modern infrastructure facilities with state-of- art technology which includes automated cheque handling facilities, and computerized loan accounting with on-line customer data to handle customer transactions and requests efficiently.

Bajaj Auto Holdings Ltd.

Bajaj Auto Holdings Limited is an Indian Non-Government Company. It’s a private company and is classified as’company limited by share’.

Bajaj Holdings & Investment Ltd.

Bajaj Holdings & Investment Limited [(BHIL) – erstwhile Bajaj Auto Limited ] was de-merged as per Order dated 18 December 2007 of the Hon’ble Bombay High Court, whereby its manufacturing undertaking has been transferred to the new Bajaj Auto Limited (BAL) and its strategic business undertaking consisting of wind farm business and financial services business has been vested with Bajaj Finserv Limited (BFS).

All the businesses and all properties, assets, investments and liabilities of erstwhile Bajaj auto Ltd, other than the manufacturing undertaking and the strategic business undertaking, now remain with BHIL. (For details of the scheme refer Demerger News)

Post-demerger, BHIL holds more than 30% shares each in BAL and BFS. Going forward, BHIL will focus on new business opportunities. BAL and BFS will be able to tap (on an arm’s length basis) into BHIL’s cash pool to support future growth opportunities.

BHIL by having 30% stake in both BAL and BFS will benefit from the future growth of these companies.

Bajaj Ventures Ltd.

Bajaj Ventures Ltd. develops and manufactures tools and appliances. The Company produces power tools, household appliances, and related accessories. Bajaj Ventures markets its products internationally.

Hercules Hoists Ltd.

Hercules Hoists is the market leader in hoisting technologies.  Whether mechanical or electrical, the hoisting products start from entry level products to premium products. Additionally, we have been spreading our wings, to transition from a products supplier to a solutions provider for our customers LIFTING, MOVING and STORING requirements.

Hercules Hoists was incorporated in 1962 in collaboration with Heinrich de Fries GmbH, Germany.  On cessation of the technological tie up with Heinrich De Fries, the Company continued to be technologically associated with other leading European companies in the field of material handling. 

These include, Bull (Italy) for rope hoists and electric chain hoists, Zasche Handling (Germany) for ergonomic handling solutions / manipulators, Planeta Hebetechnik (Germany) for mechanical hoists and electrical chain hoists and Varese Handling Technology – VHT (Italy) for electrical chain hoists and overhead crane systems. 

Hind Lamps Ltd.

The Bajajs and ELMI comprising 4 European companies: Phillips, General Electric Co, Crompton Parkinson and Associated Electricals Industries Hind Lamps Ltd. come together in a 50-50 partnership to form Hind Lamps.

Hind Musafir Agency Ltd.

Hind Musafir Agency is the Bajaj entity, with expertise in travel. The company was founded way back in 1952 to cater to the in-house travel requirements of the Bajaj group and can boast of being one of the oldest IATA accredited agencies, catering today to the travel requirements of not only the Bajaj group but other key corporations, in verticals of manufacturing, media, finance, technology.

The company, also known as HMA, is recognized by Ministry of Tourism, Govt. of India and is also a member of International Air Travel Association” (IATA), “The Travel Agents Association of India” (TAAI) and “Pacific Asia Travel Association” (PATA).

HMA, headed by its astute and experienced Chairman, Mr. Shekhar Bajaj and dynamic Managing Director, Mrs Neelima Bajaj, has its head office is in Mumbai. There is a strong presence in other key cities of Pune, Aurangabad, Chennai and Bangalore, where an experienced team provides a high level of personalized and professional service for any travel related query.

The core business of the company is Air Ticketing for domestic and international travel and to ensure seamlessness, the company has in place a strong IT backbone with a best in the industry booking system for online air ticket bookings.

The company also specializes in hotel bookings, within India and outside the county, as well as MICE (meetings, incentives, conferences and exhibition) movements. Customized holiday, cruises, and wedding events are another key focus area. Other related services include car rental, visa, forex and insurance.

Maharashtra Scooters Ltd.

The Company, which was incorporated on 11th June, 1975, started manufacture of “Priya” brand of motorised geared scooters from 13th August, 1976, in technical know-how / collaboration with erstwhile BAL.

Subsequently, the Company started manufacture of “Bajaj Super” / “Bajaj Chetak” models of scooters and with the gradual shift in consumer preferences from geared scooters to the motorcycles, the Company discontinued production of geared scooters effective 1st April, 2006.

The manufacturing activity of the Company is currently restricted to the manufacture of pressure die casting dies, jigs and fixtures, primarily meant for two and three – wheeler industry.

Mukand Engineers Ltd.

Mukand Engineers Ltd., a public limited company is an associate company of Mukand Ltd. The company was formerly a division of Mukand Ltd. Over the last four decades the company built expertise in wide areas of project construction covering civil, structural, mechanical, piping ,electrical and  instrumentation works.

Employing more than 200 engineers, the company has undertaken several challenging and prestigious projects across many industries in India and is today known for its skill and reliability in delivering quality services. The company is equipped with a whole range of construction machinery  including mobile cranes, gantry cranes, welding machines, concrete batching plants, transit mixers , electrical test and measuring instruments.

Today the company can offer services in areas of engineering construction including feasibility studies, planning, procurement ,construction, erection and commissioning of projects across industries such as petro chemicals, oil exploration and refineries, fertilizers, steel plants, aluminium plants, thermal and nuclear plants

The following companies are also comes under bajaj group.

Mukand Global Finance Ltd.
Mukand International Ltd.
Mukand Ltd.
Jeevan Ltd.
Jamnalal Sons Pvt. Ltd.
Bachhraj & Company Pvt. Ltd.
Bachhraj Factories Pvt. Ltd.
Bajaj International Pvt. Ltd.
Bajaj Sevashram Pvt. Ltd.
Baroda Industries Pvt. Ltd.
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