Shekhar Bajaj (born on 8 June 1948) is the Chairman and Managing Director of Bajaj Electricals Limited (BEL). He has been the past President of ASSOCHAM, IMC, ELCOMA (Electric Lamp & Components Manufacturers Association), IFMA (Indian Fans Manufacturers Association) and CFBP (Council of fair business practice). He is on the board of Bajaj Auto Ltd., Hercules Hoists Ltd. and many other companies. He was recently conferred with an Honorary Doctorate for his long and outstanding service to the industry.

Born into a family whose brand image bespeaks trust and transparency, brought up in the Gandhian ideals of his grandfather Shri. Jamnalal Bajaj, he is a unique embodiment of time-tested traditions, visionary zeal and humane concern. A B.Sc. (Hons) degree in Mathematics from Pune University (1968), followed by an MBA degree from New York University (1974), equipped him with the formal training required to complement his homespun talents.

Starting in Bajaj Sevashram after graduation, he learned the nitty-gritty of business by working his way up, gaining invaluable insights into the real market, and joining Bajaj Electricals Ltd in 1980. Thereafter in 1984, he took over as Managing Director of Bajaj Electricals Limited and became the Chairman & Managing Director in 1990. He built on the company’s inherent strengths and radically turned around its fortunes. Under his watchful eyes, the company restructured its overall operations, consolidating its formidable retail network to provide the country’s burgeoning middle class with a better quality and service.

Anticipating future trends, Shekhar Bajaj initiated the company’s entry into the High Mast and then Transmission Line Tower business, a remarkably successful move; and so have been the tie-up with international companies like Morphy Richards of UK for Appliances, Disney and Midea for Fans and the recent acquisition of Nirlep Appliances Pvt. Ltd.

He has personally led various Corporate Social Responsibility (CSR) initiatives taken by the organization. He strongly believes, Corporate Social Responsibility encompasses not only what we do with our profits, but also how we make them. He has rolled out many such initiatives for internal as well as external stakeholders, most significant being the Anti-Tobacco drive.

Niraj Bajaj's career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School. He did his B.Com., from Sydenham College of Commerce and Economics, Mumbai. He acquired his Masters in Business Administration (MBA) from Harvard Business School, Boston, U.S.A.

Niraj Bajaj is one of the Promoter - Directors of the Bajaj Group, which has over 50,000 employees, and a market capitalization of over ₹ 600,000 crores making it the third-largest family business house in the country.

Niraj Bajaj is on the Board of Directors of Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Co. Ltd., and is the Chairman of Bachhraj & Company, Jamnalal Sons, and various other Bajaj Group companies. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL).

Niraj Bajaj was the President of the Indian Merchants' Chamber, in 2007-08 when it was celebrating its centenary year. He was also the President of the Alloy Steel Producer's Association and the Indian Stainless Steel Development Association.

He represented India in table tennis for seven years between 1970-77, of which last four years was as the Captain. He has been a three-time All-India Table Tennis Champion and ranked India No.1 four times. He is the Recipient of: Arjuna Award, India's highest Sport's honour, Shiv Chhatrapati Award, Maharashtra's highest Sport's honour and Awarded the Maharashtra Gaurav Puraskar.

Managing Director & CEO, Bajaj Holdings & Investment Limited and President, CII for 2022-23

Sanjiv Bajaj is the Managing Director & CEO of Bajaj Holdings & Investment Limited with effect from 01-04-2012 (earlier its Non-executive Director). The role includes building the strategy and team, and guiding this investment company, which has almost Rs.60,000 crore in cash and investments including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv.

He is also the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj Group, which is one of the oldest and largest conglomerates of India. Bajaj Finserv consisting of lending and insurance companies has annual revenues of over $ 9.18 billion for FY22.

Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India which helped transform the entire landscape of the financial services space.

He is the President of the Confederation of Indian Industry (CII) for 2022-23. Sanjiv has been engaged with CII for many years at the State, Regional and National level. He was the President-Designate of CII for 2021-22 and the Chairman of the Western Region during 2019-20. He has led CII National Committees on Insurance & Pensions and CII Taskforce on Fintech. He is an alumnus of the Harvard Business School, USA and a Member of the Board of Indian School of Business (ISB), Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. He has several awards to his credit including AIMA’s Managing India Award’s Entrepreneur of the year 2019, ET’s Business Leader of the year 2018, Financial Express’ Best Banker of the year 2017-18, Ernst & Young’s Entrepreneur of the year in 2017 and Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017. He is also a recipient of the Business World’s Most Valuable CEOs in India for 2015 & 2016.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Ltd., Maharashtra Scooters Ltd., Bajaj Finserv Asset Management Limited and the two insurance subsidiaries i.e. Bajaj Allianz Life Insurance Company Ltd., and Bajaj Allianz General Insurance Company Ltd. Since 2012, he is the Managing Director of Bajaj Holdings & Investment Ltd. He is the former Executive Director of Bajaj Auto Ltd., and presently its non-executive director.

Sanjiv has a bachelor’s degree in mechanical engineering (first class with distinction) from the University of Pune, a master’s degree in manufacturing systems engineering with a distinction from the University of Warwick, UK and a master’s degree in business administration (with distinction) from the Harvard Business School, USA. He lives in Pune, with his wife Shefali and their two children.

Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his Masters in Manufacturing Systems Engineering, with distinction, from the University of Warwick in 1990.

He has since then worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005), and has been its Managing Director since April 2005. He has been on the board of Bajaj Auto Ltd since March 5, 2002.

He has won a number of awards and recognition from various prestigious bodies and institutions for his Business Leadership, Entrepreneurship and Innovation. His vision of being one of the world’s leading motorcycle and small commercial vehicle, manufacturers is bearing fruit with Bajaj Auto being one of the biggest two and three wheeler manufactures in the country.

Madhur Bajaj (born August 19, 1952) graduated in commerce from Sydenham College, Bombay, in 1973, and did his MBA from the International Institute of Management Development (IMD), Lausanne, Switzerland, in 1979. He is the recipient of the Vikas Rattan Award from the International Friendship Society of India, for enriching human life and outstanding achievements.

He is the Past President of SIAM, the apex association of Indian automobile manufacturers and also the Past President of Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), the apex Industries Association of Pune.

He has more than 29 years of experience in Auto, Consumer Durables and Financial Services. He is an alumnus of Doon School, Dehradun. He has been associated with the Board of Bajaj Auto Ltd. since 1995.

While he has been CII’s Western Region Chairman, he is the current National Council Member of Confederation of Indian Industry (CII).

Manish Kejriwal (b. November 8, 1968) is the Managing Partner of Kedaara Capital Advisors LLP, a private equity investment fund focused on India. The firm’s investors include endowments, private and public pension funds, sovereign wealth funds and global family offices. Kedaara offers solution-oriented capital combining deep strategic & operational expertise in focused sectors, consultative approach and global connectivity to deliver superior returns. The firm enjoys a strategic partnership with Clayton, Dubilier & Rice.

Mr. Kejriwal brings over 10 years of experience, encompassing the full cycle of experiences in private equity across a variety of industries and sectors in private and public companies and in other private equity funds. His achievements / previous assignments include the following:

Senior Managing Director of Temasek Holdings Advisors India Private Limited, which was founded by Mr. Kejriwal in early 2004. He was a core member of its senior leadership team and a key member of Temasek Holding’s Senior Management Committee (SMC), and it’s Senior Investment & Divestment Committee (SIDC). At different times in his career, he also led the firm’s investments in Financial Services in Africa, Middle-East, and Russia.

Partner at McKinsey & Company, Inc and had been a part of their New York, Cleveland and Mumbai offices. Worked at the World Bank in Washington D.C. and had spent the summer between his two years at business school with Goldman Sachs (Principal Investment/Corporate Finance) in Hong Kong.

Received an AB from Dartmouth College where he graduated Magna Cum Laude with a major in Economics and Engineering Sciences. He holds an MBA from Harvard University, where he graduated with high distinction as a Baker Scholar.

Over the course of his career he has been on the boards of various portfolio companies: Temasek Holdings Advisors India Pvt. Ltd., Punj Lloyd, Bharti Infratel, Tata Tele, Fullerton Financial Holdings and Fullerton India Credit Company.

An active member of the Young Presidents’ Organization (YPO) and named a Young Global Leader (YGL) by the World Economic Forum in 2005. Profiled as one of the “25 hottest young executives in India” by Business Today, in 2007. He has also authored various articles on PE in India and has been profiled in various newspapers and periodicals.

Balaji Rao Jagannathrao Doveton (born on 15 December 1939), holds a B.E. Degree in Mechanical Engineering and Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd., in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC), as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014.

Dr. Gita Piramal (born on September 4, 1954) is an Entrepreneur and businesswoman, author and journalist, with a PhD in business history from Bombay University.

For two decades, she contributed to several Piramal family companies in India in various positions. She launched a publishing company and a real estate company. In 2012, she retired and gave up board responsibilities and management roles.

CURRENT ENGAGEMENT (2013-) Academic Research at University of Oxford

WRITING & RESEARCH

Books: All in top 10 best seller lists on launch - Business Maharajas, Business Legends, Managing Radical Change, World Class in India, India's Industrialists and Business Mantras. Edited Sumantra Ghoshal on Management with Julian Birkinshaw. Chapters in 8 books.

Cases: Five Indian case studies in European Case Clearing House (ECCH). Conducted case writing workshops for leading Indian business schools.

Print: Commissioned and edited over 1,000 articles for The Smart Manager. Over 500 articles for International and Indian publications. Between 1988-1992, Gita and Christina Lamb the only two women journalists in the field at the UK's Financial Times.

Television: Conceptualized and created content for three best-selling, award-winning programs for CNBC-TV18 ('Trial by Fire', 'Business Legends', 'Lessons in Excellence'). Scripted, edited, and featured or anchored over 100 television documentaries.

OTHERS

Non-profit: Centre for Policy Research (2014-) Member, Governing Board

Trade & Industry Associations: Catalyst, UK Trade & Industry (2011-) Member Assocham (2010-2012) Patron Member CII (2007-2012), Member, National Committee on Design

Educational Institutes: London Business School, (2012-) Member Global Advisory Board H R College of Commerce & Economics, Mumbai (2004-2012) Member Advisory Council Piramal Education Trust, Rajasthan (1994-2005) Trustee Academy of Human Resources Management, Ahmedabad (2004-2012) Member, Board of Directors Hindi Vidya Bhavan School, Mumbai, (1994-1997 & 1999-2012) Member of the Governing Board

Others: World Presidents' Organization (2004-) Young Presidents' Organization (2001-2004)

Dr. Naushad Forbes (born on May 13, 1960) is the Co - Chairman of Forbes Marshall, India's leading Steam Engineering and Control Instrumentation firm. He chairs the Steam Engineering Companies within the group.

Forbes Marshall’s deep process knowledge helps their customers save energy, improve product quality, increase process efficiency, and run a clean and safe factory. Market leadership in India and, increasingly, internationally comes from highly trained people and the depth of their knowledge. A close connect with customers enables the design of products that address customer needs around the world. The products are made in a facility that is world-class in scale, aesthetics and work environment. Forbes Marshall has consistently ranked amongst India's Great Places to Work.

Dr. Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004 where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelors, Masters and PhD Degrees from Stanford University.

Dr. Forbes is on the Board of several educational institutions and public companies.

Dr. Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business. Dr. Forbes was President of CII for 2016 – 17.

Mr. Pradip P Shah runs lndAsia, a corporate finance, private equity, and investment advisory business. He is also the co-founder of www.Grow-Trees.com, a web-enabled social initiative, and Universal Trustees Private limited. Earlier, lndAsia had a joint venture with AMP of Australia for the private equity business. Prior to that, he helped establish the lndocean Fund in 1994, the first foreign India-dedicated private equity fund, in association with affiliates of Chase Capital Partners and Soros Fund Management.

Before starting lndocean, he was the founder Managing Director of CRISIL, India's first and largest credit rating agency. Mr. Shah provided technical assistance and training to Rating Agency Malaysia Berhad and MAALOT. He has been honored with a garden of a hundred trees in his name in Israel. Prior to founding CRISIL, Mr. Shah assisted in founding Housing Development Finance Corporation (HDFC), India's first retail housing finance company, in 1977. He was seconded from ICICI, where he was Project Officer, to start HDFC from where he was seconded to start CRISIL Mr. Shah has also served as a consultant to USAID, the World Bank and the Asian Development Bank.

Mr. Shah holds an MBA from Harvard, is a Management Accountant and ranked first in India in the Chartered Accountants' examinations.

He has written articles and given talks in India and in Amsterdam, Abu Dhabi, Bahrain, Bangkok, Copenhagen, Hong Kong, Istanbul, Singapore, Kuala Lumpur, Jakarta, Shanghai, Bali, Colombo, Tel Aviv, London, Oslo, Washington, San Francisco, New York, Chicago, Boston, Perth, Melbourne and Sydney on credit rating, housing finance, capital markets, venture capital and other subjects.

Mr. Shah is Chairman of Kansai Nerolac Paints, Sonata Software and Director of Pfizer, BASF (India) and Godrej & Boyce amongst other companies. He has been appointed as Member, Banks Board Bureau by the Government of India, was appointed by the government on the Justice Easwar Committee for simplifying direct taxes, serves on the Management Committee of the Indian Merchants' Chamber, was a Director on the Western Region Board of Reserve Bank of India, was the first Chairman of the CII's Financial Sector Committee, and has served as a member of the Finance Commission of the State Government of Gujarat; of the Expert Group on Infrastructure Financing appointed by the Government of India; of the Advisory Board of the Bureau of State Public Enterprises, Government of Maharashtra; of the CII National Task Force on Non-Performing Assets; of the SEBI Committee on Venture Capital; of the SIDBI Working Group on Access to Capital Markets for Small industries; of the Expert Committee, Public Sector Restructuring Program, Government of Gujarat, and of the Gujarat Infrastructure Development Board Task Force on Policy and Implementation. He is also associated with several non-profit organizations as Trustee /Governing Council Member, and co-founded Harvard Business School Association of India.

Anami N Roy, (born on 15 May 1950), is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held wide variety assignments both in Maharashtra and the Central govt including Commissioner of Police, Aurangabad, Pune and Mumbai and retired as Director General of Police, Maharashtra, commanding a 2,25,000 strong Force.

While in Govt of India, he headed the operations of the elite Special Protection Group, looking after proximate security of Prime Minister, former PMs and their families, in which capacity he travelled extensively within India and overseas and interacted with the forces and governments of many foreign countries around the world.

Known popularly as the People's Commissioner, he set up many citizen-friendly schemes and systems to resolve and fulfil people's problems and expectations like Citizen Facilitation Centres in Police Commissioner's office and later in all Police stations where all requirements of people from Police were dealt with in transparent, time-bound and hassle-free manner, Mumbai Police Infoline for giving all information from and about Police through a toll-free number, Elderline for senior citizens, Slum Police Panchayat etc.

He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged effectively the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh in two states AP and Telangana and supervised the General Elections of 2014 in both states.

Post-retirement, Roy is engaged in the social/non-profit sector, he runs a not-for-profit company Vandana Foundation under section 8 Companies Act, for supporting people at the bottom of the pyramid with a livelihood. Vandana Foundation helps widows of farmers who committed suicide in three districts of Vidarbha Wardha, Yavatmal and Amaravati to make them financially independent through micro-enterprise.

He is involved in many companies in Advisory capacity, on the India Advisory Board of Encore Capital Group of USA, TrueNorth Private Equity Fund. He brings with him a wide and rich experience of public service, the functioning of governments at the state and central level and of his association with the corporate world.

Dr. Arindam Kumar Bhattacharya, Independent Director, investor, and Senior Advisor to BCG from where he retired as Senior Partner and Managing Director. In BCG he held many leadership roles and was a co-leader and founder of Bruce Henderson Institute, BCG's thought leadership institution. He headed BCG India, leading BCG’s operations in the country for about six years. He was a member of global leadership team of the Global Advantage practice and was earlier member of the global leadership teams of Industrial Goods, Public Sector and Social Impact practices and founder and co-leader of BCG’s Global Advantage Practice. As a BCG Fellow he has focused his research on Globalization and has and has authored two books Globality– Competing with Everyone from Everywhere for Everything, and Beyond Great – Nine Strategies for Thriving in an Era of Social Tension, Economic Nationalism and Technological Revolution, and numerous articles on the subject.

Starting his career with the Eicher Group in India as a graduate engineer trainee, Dr. Bhattacharya has over 30 years of experience in the industry and consulting with focus on the industrial sector. In recent years he has led the BCG's growing engagement with Central and State Governments on both economic and on social sector topics like education and health, and consulted with organizations like World Food Programme, Save the Children, Gates Foundation and World Bank.

Dr Bhattacharya is a past member of National Council of Confederation of Indian Industry and has co-chaired CII’s National Manufacturing Council. He is a member of the International Advisory Boards of Oxford India Center of Sustainable Development, Oxford University, the School of Global Policy and Strategy, University of California, San Diego, and Munjal School for Global Manufacturing at the Indian School of Business. He is on board of Lemon Tree Hotels and WISH Foundation, India’s biggest Public Health NGO.

Dr. Bhattacharya was educated at the Indian Institute of Technology, Kharagpur, Indian Institute of Management, Ahmedabad, and Warwick Manufacturing Group, University of Warwick, UK where he completed his MSc in Manufacturing Systems and Doctorate of Engineering.

Dr. Vidya Yeravdekar is the Principal Director of Symbiosis Society, and the Pro Chancellor of Symbiosis International University. The Symbiosis International University is a multi-disciplinary, multinational, multi-cultural University that having 45000 students from all States of India and international students from 85 countries. The Symbiosis Society not only has under its ambit the Symbiosis International University but also has K12 Schools, College of Arts and Commerce and Museums- the Afro Asian cultural museum and the Dr. Ambedkar Museum.

Dr. Vidya holds a Post Graduate Degree in Medicine, a Degree in Law and Ph.D. in 'Internationalisation of Higher Education in India’. Having presented papers at various National & International Conferences, she has numerous research publications to her credit and has also authored several books. Ranked No.14 amongst India’s top 25 Powerful Women, Dr. Vidya has been instrumental in bringing in innovative approaches to promote internationalisation of higher education in India.

As a member of University Grants Commission (UGC) for two terms, Central Advisory Board of Education (CABE) under Ministry of Education and Indian Council for Cultural Relations (ICCR) under Ministry of External Affairs, she has been a facilitator of innovative approaches to higher education in India.

Dr. Vidya has been appointed as a member of the expert group on Global Outreach of Higher Education, formulated by UGC to implement the National Education Policy 2020 that was rolled out by the Ministry of Education Govt. of India, member of the Advisory Group of Analytical and Advisory work (ASA) World Bank, Advisory Committee of the IAU for the global survey on internationalization and member of the Board of Trustees of Muscat University, Oman.

She is a Chairperson of the FICCI Committee on Higher Education and serving 3rd term. Dr. Vidya has been appointed as Member of India Brand Equity Foundation (IBEF) Trust set up by Ministry of Commerce & Industries, Government of India, to promote the ‘Brand India’ label in overseas markets, member of the Expert Group constituted by the UGC for Development of Educational Framework for Global Citizenship in Higher Education Institutions and UGC Expert Committee constituted to prepare the guidelines for Credit-Based Courses and Internship opportunities.

She has elected as Member of the Central Governing Council of Services Export Promotion Council (SEPC) set up by the Ministry of Commerce & Industry, Government of India, Member of the General Assembly of the Indian Council for Cultural Relations (ICCR), Governing Body of Yashwantrao Chavan Academy of Development Administration (YASHADA), Governing Board member of the International Sports University, Government of Maharashtra and Member of the NEP implementation committee of Government of Maharashtra. She also serves on the Board of Directors of Emcure Pharmaceuticals Ltd and Bajaj Holdings & Investment Limited.

Dr. Vidya has been appointed as the first Chair of the OBREAL Global India Chapter a for a period of 3 years. She is a member on the Board of several organisations like Rayat Shikshan Sanstha, Research Committee of the Association of Indian Universities (AIU), Public Health Foundation of India, Symbiosis University of Applied Sciences Indore, Symbiosis Skills and Open University, Pune. She is a member of many corporate bodies such as Federation of Indian Chambers of Commerce & Industry (FICCI), Confederation of India Industry (CII), Maratha Chambers of Commerce and Industries (MCCIA) and Not for profit organisations like HK Firodiya Foundation, India International Centre (IIC), Pune International Centre (PIC) & Pune Citizens Police Foundation (PCPF).

She has also been a member on many other organizations such as Independent Director on the Board of RITES Limited under Ministry of Railways, Government of India, Education Quality Upgradation and Inclusion Programme (EQUIP) Committee, Ministry of Education, Govt. of India, Indian Institute of Corporate Affairs, Yeshwantaro Chavan Maharashtra Open University, State Knowledge Advisory Board of Higher Education, Government of Andhra Pradesh, Sub-Group on Higher & Technical Education and Skill Development of Chief Minister’s Advisory Council, Government of Rajasthan.

Dr. Vidya’s hard work has won her numerous awards and accolades. Her continuous endeavour to innovate and initiate has helped Symbiosis attain its present respect and admiration. Having accomplished all such feats, Dr. Vidya is now committed to shaping Indian higher education globally through her extensive work in the field of internationalisation of higher education.

Rahul Bajaj (1938 – 2022)

Rahul Bajaj, born on June 10, 1938, headed the Bajaj Group of companies. Group activities include manufacture and sale of motorised two, three, and four-wheeled vehicles, general and life insurance and investment and consumer finance, home appliances, electric lamps, wind energy, special alloy and stainless steel, material handling equipment and travel.

He was the recipient of many awards, including the third-highest civilian award Padma Bhushan, from the government of India and honorary doctorates from many universities. He had a BA (Honours) in Economics from Delhi University, a law degree from Mumbai University and an MBA from Harvard Business School.

As per February 2021, he was ranked at 421 on the Forbes list of the world’s billionaires with a net worth of USD 8.2 billion.

In his illustrious career across business and public life, he served as a member of the Rajya Sabha (the Upper House of Indian Parliament), the chairman of Indian Airlines and the chairman of the board of governors of the Indian Institute of Technology, Bombay. He was also a chairman of the International Business Council, World Economic Forum; a former member of the South Asia advisory board of Harvard Business School and a member of the International Advisory Council of the Brookings Institution in Washington, DC.

He spearheaded the CSR activities of the Bajaj Group of companies and charitable trusts including Jamnalal Bajaj Foundation.

He passed away in Pune, on February 12, 2022, at the age of 83. He was cremated with full state honours in the presence of industry leaders, politicians and the common man, who bid adieu to one of the finest industrialists of modern India