New Delhi: Former Chairman of Bajaj Auto, Rahul Bajaj, died in Pune on Saturday. He was 83.
Bajaj Group said in a statement that he breathed his last at 2.30 pm in the presence of his closest family members.
“It is with deep sorrow that I inform you about the passing away of Shri Rahul Bajaj, husband of the late Rupa Bajaj and father of Rajiv/Deepa, Sanjiv/Shefali and Sunaina/Manish. He passed away on the afternoon of 12th February, 2022 in the presence of his closest family members,” a statement from Bajaj Group read.
Rahul Bajaj had pneumonia and also a heart problem. He was admitted to the hospital for last one month, said Dr Purvez Grant, the managing trustee at Ruby Hall Clinic, quoted reports in India Today.
Born on June 10, 1938, Rahul acted as the chairman of Bajaj Group for over 40 years. He resigned as the chairman of Bajaj Auto in April last year and was currently the Chairman Emeritus of the firm.
The fearless and straight forward corporate leader has always been vocal for the interest of corporate India and has so far contributed Rs 300 crore for COVID relief.
The visionary industrialist was also honoured with Padma Bhushan.
He is credited with making brand Bajaj a household name.