Rahul Bajaj, former Bajaj Group chairman and veteran industrialist, dies at 83

Rahul Bajaj, an industrialist and former chairman of the Bajaj Group, died on February 12th. He was 83 years old when he died.

“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.

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Rahul Bajaj had pneumonia and also suffered from a heart condition. Dr. Purvez Grant, the managing trustee at Ruby Hall Clinic, said he had been admitted to the hospital for the past month.

Bajaj passed away at 2.30 p.m. today.

Bajaj, who was born on June 10, 1938, was the chairman of the Bajaj Group for more than 40 years. Rahul Bajaj stepped down as chairman of Bajaj Auto in April of last year and is now Chairman Emeritus of the company.

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In 2001, he received the Padma Bhushan, the third highest civilian honour. Bajaj was also a member of the Rajya Sabha.

Nitin Gadkari, Union Minister of Road Transport and Highways, paid tribute to Rahul Bajaj, “My heartfelt tributes to Rahul Bajaj ji, a successful entrepreneur, philanthropist and former chairman of Bajaj. I have had a personal relationship with Padma Bhushan awardee Rahul ji for many years.”

Supriya Sule, a member of the Nationalist Congress Party, said, “Deeply Saddened to hear about the demise of Padma Bhushan Rahul Bajaj. He was among the foremost Business Leaders our nation has seen, and an inspiration to all. We will miss him dearly and his wise counsel. My Heartfelt Condolences to Rajiv, Sanjiv, Sunaina and the Bajaj family. May he RIP.”

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Maharashtra Cabinet minister Nawab Malik remarked, “Grieved to learn about the demise of Rahul Bajaj Ji, chairperson of Bajaj Group. Condolences and strength to his family and close ones.”