Jamnalal Bajaj

Who was Jamnalal Bajaj?

Jamnalal Bajaj was an Indian industrialist, a philanthropist, and Indian independence fighter. He was also a close associate and follower of Mahatma Gandhi. Gandhi is known to have adopted him as his son. He founded the Bajaj Group of companies in 1926. The group now has 24 companies, including 6 listed companies. Besides Bajaj Auto Ltd, the other major companies in the group include Mukand Ltd, Bajaj Electricals Ltd and Bajaj Hindusthan Ltd. One of his grandsons, Rahul Bajaj, runs the family flagship company, Bajaj Auto. Several institutions in India bears his name, including the Jamnalal Bajaj Institute of Management Studies. A locality, JB Nagar,in the sub-urban Andheri in Mumbai has been named after him. Jamnalal Bajaj Award was established in 1978 by the Jamnalal Bajaj Foundation are given away each year on his birth anniversary.