Abstract

Rahul Bajaj, long-time chairman of the more-than-120-year-old Bajaj empire—best known for Bajaj Auto, one of the most valuable motorcycle firms globally, and Bajaj Finserv, its financial services arm—was a larger-than-life figure in Indian industry and public life. Famed for his probity, Bajaj twice served as president of the Confederation of Indian Industry, was an elected member of the Rajya Sabha (the upper house of Parliament), was awarded a Padma Bhushan (the third-highest civilian award), and was a fearless and outspoken public figure. His business career, which started in 1958 at the height of India's License Raj, in many ways charts the story of India's dramatic economic transformation over the decades.

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