Bajaj at 100: From Freedom Movement to Global ScalePM Narendra Modi Hails a Century of Nation-Building !

Bajaj at 100: From Freedom Movement to Global Scale
PM Narendra Modi Hails a Century of Nation-Building

• The Bajaj Group, one of India’s largest conglomerates by market cap at US$ 148 billion, serves 1 in 3 Indian households across automobiles, financial services, consumer electricals and engineering
• A Century of trust: The Bajaj Group traces its roots to its founder Jamnalal Bajaj, freedom fighter, social reformer, philanthropist, industrialist, and considered the fifth adopted son of Mahatma Gandhi, who set up the Group’s first office in Mumbai (then-Bombay) in 1926.

Mumbai, May 13, 2026: The Bajaj Group, one of India’s oldest family businesses and among its largest conglomerates by market cap at $USD 148 billion, today commemorated 100 years in business – with Hon’ble Prime Minister Shri Narendra Modi extending his greetings on a milestone that traces India’s own arc – from the freedom movement to its global economic rise.

Founded in 1926 in Mumbai (then-Bombay) by Jamnalal Bajaj, a freedom fighter, social reformer, philanthropist, industrialist and considered the fifth adopted son of Mahatma Gandhi, the Bajaj Group serves one in three Indian households and employs over 130,000 employees.

With over 100 companies, exports to over 100 countries, and an upcoming foray into healthcare, the Bajaj Group has built one of India’s most trusted brands across automobiles, financial services, consumer electronics and engineering. Some of its listed companies include Bajaj Auto, Bajaj Finserv, Bajaj Holdings & Investment, Bajaj Finance, Bajaj Housing Finance, Bajaj Electricals and Mukand.

In a message to the Bajaj family recognising the Bajaj Group’s contributions to nation-building, Hon’ble Prime Minister Shri Narendra Modi, said, “On the occasion of the centenary of the Bajaj Group, I extend my greetings and best wishes to everyone associated with this milestone. A hundred years is a significant journey for any institution. It reflects not only longevity, but also the ability to adapt to changing times, contribute to economic growth and remain relevant across generations.

“Started under the leadership of Shri Jamnalal Bajaj, the Bajaj Group has been a part of India’s industrial and economic landscape through many phases of our nation’s development. It has grown into a diversified company with operations across various sectors, which serve customers both in India and across the world.

“Over the decades, the Bajaj Group has played an important role in nation-building by creating jobs, fostering innovation and supporting community development. Milestones such as this are an opportunity to reflect on key contributions, as well as to renew commitment towards growth, sustainability and inclusive progress.

“India is moving forward with new aspirations in manufacturing, innovation and global competitiveness. Institutions with deep roots and experience such as the Bajaj Group have an important role to play in shaping the journey towards Viksit Bharat by 2047.

Greetings to everyone at the Bajaj Group once again on this memorable occasion. I am confident that the years ahead will be about continued progress and meaningful contributions to the nation’s development.”

The Bajaj Group’s social impact efforts, focused on youth skilling and employment, child health, education and protection, have positively impacted the lives of over 10 million beneficiaries.

The centenary celebration at the National Sports Club of India, Mumbai, brought together family members, captains of industry, Union and State Ministers, political leaders, celebrities and partners. The

scale? Or in lives touched, values upheld, and communities strengthened. As we step into the next 100 years of Bajaj perhaps the answer to that question will define the institution we continue to build.”