Top industrialists mourn the demise of noted businessman Rahul Bajaj

As one of the architects of a modern and global Indian automotive industry and creator of Hamara Bajaj passes into history rich tributes are flowing in for Rahul Bajaj Chairman Emeritus at Bajaj Auto who passed away on Saturday in PuneRahul Bajaj was a great industrialist who built an empire on sound principles and left a legacy that makes India proud with presence in several countries said Kenichi Ayukawa President of SIAM who is also the MD and CEO of Maruti Suzuki India while offering condolences on behalf of the entire automobile industry As SIAM President I can recall that during 197677 he made an invaluable contribution to the automobile industry The greatness of his personality lay in his simplicity accessibility frank and honest communication just like his visionary entrepreneurship recalled AyukawaVenu Srinivasan Chairman TVS Motor Company described Bajaj as a pioneer who established a culture of quality and technology bringing a combination of high integrity in business and principled stand Rahul played a key role in industry bodies around the world like World Economic Forum and CII and was very well respected He will be sorely missed said SrinivasanAditya Shah CIO JST Investments remembered Bajaj as an iconic leader who gave India its own scooter He fought through many problems to create a legendary group that is into many businesses Very few leaders have the capability to do what Rahul Bajaj has done said Shah He represents according to Shah what the Bajaj advertisement truly says buland bharat ki buland tasveerhamara bajajShah pointed out that the Bajaj group today is a true sign of the vibrant economy India really is For industry body CII Rahul Bajaj has been like a father figure in the words of Chandrajit Banerjee Director General guiding the organization offering his leadership on all matters and advise on all critical ones as well as helping in taking the most important decisions at the institution For him it was always the country first a principle we applied to all our policy advocacy said Banerjee recalling that Bajaj was the only person to be CIIs President for two terms in 197980 and in 19992000Rahul Bajaj was a towering leader for Indian industry and his sad demise leaves a huge void in our business ecosystem commented TV Narendran President CII and Managing Director of Tata Steel Looking back at Bajajs ideas and philosophies which shaped the contours of Indian businesses especially for the past four decades and his steadfast mentorship through profound changes in the global and Indian economy Narendran also credited Bajaj with the first codification of corporate governance norms in the country way back in 1998 well before any regulation or law came into being in this important spaceHe was a strong and influential proponent for connecting Indian businesses globally and the initiatives he took to make his company global were an inspiration for all entrepreneurs said the CII president For Sanjiv Mehta President FICCI Rahul Bajaj was the outspoken voice for the industry who always spoke fearlesslyFICCI is deeply saddened by the passing away of Rahul Bajaj said Mehta hailing the late businessmans contribution in taking the Indian industry brand to newer heights He was also instrumental in projecting the contributions of Indian industry in the multilateral forums overseas and duly recognizing his contributions the Government conferred upon him the Padma Bhushan award said MehtaSuhas Rajkumar CEO of Simple Energy an electric scooter company agrees that Rahul Bajajs contribution to the Indian automobile industry cannot be overstated He changed the twowheeler space forever said Rajkumar Pawan Goenka Past President of SIAM told ANI that with Rahul Bajaj passing away India has lost a stalwart an icon a fearless leaderHis contribution to Indian auto industry in its formative years was immeasurable I was fortunate to always have his blessings since the time I returned to India said Goenka Expressing grief at the demise of Rahul Bajaj President of the Federation of Automotive Dealers Association Vinkesh Gulati said the demise of the former Chairman of Bajaj Auto was an irreparable loss for the automobile Industry and the nationWhen India started opening up its economy Rahul ji made Bajaj a shining star in Indias growth story Bajaj was felicitated by FADA with the Life Time Achievement Award in the year 2012 as a truly buland bharat ke buland tasveer said GulatiThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever