In the midst of a family feud or corporate restructuring? You tell us...
Even as the demerger of the iconic Bajaj Group takes shape, the brand has found its rightful place in the 4Ps B&M list, with the able flank of its two great warriors, Bajaj Auto and Bajaj Capital.
Bajaj
Auto, the fifth largest Indian company in terms of market cap today, was a tad late in sensing the demand shift from scooters to motorcycles. But at a motor show organized earlier this year you couldn’t really sense the delay, seeing the Pulsar roaring with its mammoth 200cc engine. Even their iconic brand – Bajaj Chetak (which served as a symbol of middle class aspirations for over four decades) was discontinued in 2006. Though hit hard on both sides by Honda Scooters and Hero Honda, the Pulsar continues to chart its way past the sales graph.
If Chetak spurned Bajaj to the top league between the 1970s-1990s, the job in this decade belongs to the Pulsar. “Bajaj as a brand presents a classic case of a dying scooter brand changing itself into a big bike brand today,” says K. V. Sridhar from Leo Burnett. Bajaj is betting next on CNG powered bikes, which will be launched soon. Definitely, the ‘Naye bharat ki nayi tasveer’. What say heir apparent, Rajiv Bajaj?
Even as the demerger of the iconic Bajaj Group takes shape, the brand has found its rightful place in the 4Ps B&M list, with the able flank of its two great warriors, Bajaj Auto and Bajaj Capital.
Bajaj
Auto, the fifth largest Indian company in terms of market cap today, was a tad late in sensing the demand shift from scooters to motorcycles. But at a motor show organized earlier this year you couldn’t really sense the delay, seeing the Pulsar roaring with its mammoth 200cc engine. Even their iconic brand – Bajaj Chetak (which served as a symbol of middle class aspirations for over four decades) was discontinued in 2006. Though hit hard on both sides by Honda Scooters and Hero Honda, the Pulsar continues to chart its way past the sales graph.If Chetak spurned Bajaj to the top league between the 1970s-1990s, the job in this decade belongs to the Pulsar. “Bajaj as a brand presents a classic case of a dying scooter brand changing itself into a big bike brand today,” says K. V. Sridhar from Leo Burnett. Bajaj is betting next on CNG powered bikes, which will be launched soon. Definitely, the ‘Naye bharat ki nayi tasveer’. What say heir apparent, Rajiv Bajaj?
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Source:- IIPM Editorial, 2008
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative
