Mr Rahul Bajaj, Chairman, Bajaj Auto, was conferred the LIFE-TIME CONTRIBUTION AWARD Federation of Automobile Dealers Associations (FADA), for his invaluable contribution to the growth, development and success of Indian auto industry.
RAHUL BAJAJ'S remarkable career as businessman, his successful management of the Bajaj Group, his notable entrepreneurial spirit and excellent corporate governance track record have earned him laurels and accolades across the globe. FADA through this award has recognised the role played by Mr. Bajaj in shaping the future of the auto industry in India.
On accepting the honour, Mr. Rahul Bajaj said: "It is indeed a great honour to receive this recognition from the auto fraternity." Speaking on the occasion, Mr Nikunj Sanghi, President, FADA said, "Thanks to the vision, determination and pioneering efforts, the Indian growth story is making waves all over the world. The Indian auto retail market owes a lot to Mr Rahul Bajaj for the leadership and direction provided by him over the years."
Mr. Bajaj, an Honors Graduate in Economics and Law with an MBA from Harvard Business School hails from an illustrious family that has made rich contributions to nation building and has been associated with the Indian freedom struggle. Late Shri Jamnalal Bajaj, Grandfather of Mr. Rahul Bajaj was considered the fifth son of Mahatma Gandhi, the Father of the Nation. In recognition of his personal qualities, President of India awarded Mr. Bajaj the Padma Bhushan in 2001. Mr. Bajaj was elected to the Rajya Sabha in 2006.About Bajaj GroupThe Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest two and three-wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia.
FADAFederation of Automobile Dealers Associations (FADA), founded in 1964, is the apex national body of automobile dealers engaged in sale, service and spares of 2/3 wheelers, passenger cars & UVs, commercial vehicles (including buses & trucks) and tractors in the country. FADA having 1500 members, including 24 associations of automobile dealers at the regional, state & city levels, represents over 75% of retail automobile trade in India.