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In April 2021, Bajaj stepped down as non-executive chairman of Bajaj Auto, ceding the place to his cousin, Niraj Bajaj. Rahul Bajaj was awarded with the third-highest civilian award Padma Bhushan in 2001. Through the Covid lockdowns over the previous two years, Bajaj and his son and Bajaj Auto managing director Rajiv Bajaj have been within the information now and again for criticising a number of of the government’s selections.
“It’s with deep sorrow that I inform you in regards to the passing away of Shri Rahul Bajaj, husband of the late Rupa Bajaj and father of Rajiv/Deepa, Sanjiv/Shefali and Sunaina/Manish. He handed away on the afternoon of twelfth February, 2022 within the presence of his closest members of the family,” a press release from Bajaj Group learn.
He took over a Chief Government Officer of Bajaj Auto in 1968 and was appointed as Managing Director in 1972. He additionally served as President of the Confederation of Indian Trade (CII) from 1979 to 1980 and president of Society of Indian Vehicle Producers (SIAM). He was appointed as Chairman of the erstwhile Indian Airways from 1986-89 and have become CII President for a second time throughout 1999-2000.
In 2005, Rahul Bajaj stepped down from his position and his son Rajiv grew to become the Group’s managing director. Bajaj received elected to the Rajya Sabha, India’s Higher Home of Parliament within the 2006-2010 interval.
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