Bajaj is a large Indian manufacturer of auto rickshaw, motorscooters and motorcycles.
Founded in 1945, its first venture was in selling two and three wheelers that were imported.
By 1959, they had obtained a license to start manufacturing their own product.
In 1960, the company was floated to the public.
In 1995, Bajaj produced its ten millionth vehicle.
Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited.
It started off by selling imported two- and three-wheelers in India.
In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960.
In 1970, it rolled out its 100,000th vehicle.
In 1977, it managed to produce and sell 100,000 vehicles in a single financial year.
In 1985, it started producing at Waluj in Aurangabad.
In 1986, it managed to produce and sell 500,000 vehicles in a single financial year.
In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million vehicles in a year.
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