New Delhi, (Asian independent) Captains of Indian Industry on Saturday mourned the passing away of industrialist Rahul Bajaj. The renowned industrialist passed away in Pune following a prolonged illness. He was 83.
On Twitter, Kiran Mazumdar-Shaw, Executive Chairperson of Biocon said: “Industrialist Rahul Bajaj, Former Chairman Of Bajaj Group, Dies At 83 – I am devastated – he was a dear dear friend and will miss him dearly. The country has lost a great son & a nation builder. Om Shanthi.”
On his part, Uday Kotak, CEO of Kotak Mahindra Bank tweeted: “Rahul Bajaj: bold and fearless. A rare businessman who spoke truth to power. A proud Indian. Built world class enterprise. I am truly honoured to know him. Will miss him.”
Further, Harsh Goenka, Chairman of RPG Enterprises said: “The ‘spine’ of Indian business cracks. A close family friend, he was a visionary, straight talking and very respected for his value systems. An era ends! He leaves behind the two most capable sons in Indian industry, Rajiv and Sanjiv. #RahulBajaj Om shantia”
Bajaj had taken charge of the Bajaj Group in 1965 and during his captaincy, the group soared to one of the biggest in the sub-continent.
Rahul Bajaj is credited with the ubiquitous two wheeler in Bajaj Auto and the cult campaign of ‘Hamara Bajaj-Buland Bharat ki Buland Tasveer’ which brought slick world class advertising to Indian TV screens and a corporate brand campaign that resonated with the Indian public much before TV ads took off.
He was a former Rajya Sabha member and was awarded the Padma Bhushan in 2001.
