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Bajaj Auto Limited (BAL) is one of the leading two & three wheeler manufacturers in India. The company is the largest exporter of two and three-wheeler in the country. Presently, it is engaged in development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof. The Company has two Indian subsidiaries, viz. Chetak Technology Ltd. and Bajaj Auto Credit Ltd. and five overseas subsidiaries, viz. PT Bajaj Auto Indonesia, Bajaj Auto International Holdings BV, Netherlands, Bajaj Auto (Thailand) Ltd., Bajaj Auto Spain, S.L.U. and Bajaj Do Brasil Comercio De Motocicletas Ltda. The Company's current installed capacity is 7.11 million units per annum.On 29 November 1945, Bajaj Auto Limited was incorporated under the name 'M/s. Bachraj Trading Corporation Private Limited'. In 1948, Bajaj Auto started selling imported two- and three-wheeler's in India. In 1959, Bajaj Auto obtained licence from the Government of India to manufacture two- and three-wheeler. In the year 1960, Bajaj Auto became a Public Limited Company. In the year 1970, Bajaj Auto rolled out its 100,000th vehicle. In 1971, Bajaj Auto launched three-wheeler goods carrier. In 1977, the company launched Rear Engine Autorickshaw. On 19 January 1...