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Shekhar Bajaj

Shekhar Bajaj

S. Bajaj
-0.34% | - $-14.96M
$4.34 B ₹ 39,490 Cr
Real Time Net Worth #960 Ranking as of 21 Feb 2026 By Forbes

More on Shekhar Bajaj

Gender

Male

Age

77Y

Country

India

Born On

June, 1948

Deceased

No

Relationship Status

Married

Children

2

Education

University Of Pune - B.E. In Mechanical Engineering

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Inherited And Expanded)

Primary Organization

Bajaj Electricals

Titles

Chairman

Sources of Wealth

Bajaj Electricals

Industry

Manufacturing, Consumer Goods, Engineering

About Shekhar Bajaj


S hekhar Bajaj is an Indian industrialist and the chairman of Bajaj Electricals. He is a prominent member of the esteemed Bajaj family, one of India's oldest and most respected business dynasties, founded by his grandfather, Jamnalal Bajaj. The family has been influential in both India's industrial development and its independence movement. Shekhar is the cousin of the late Rahul Bajaj, the long-time patriarch of the wider Bajaj Group.

While his cousins managed the flagship scooter and financial services businesses, Shekhar Bajaj has been at the helm of Bajaj Electricals since the early 1980s. He has been responsible for transforming the company from a simple manufacturer of light bulbs into a diversified consumer durables and engineering projects company. Under his leadership, Bajaj Electricals has become a household name in India, with a product portfolio that includes fans, kitchen appliances, and lighting solutions. He has also steered the company's expansion into large-scale engineering, procurement, and construction (EPC) projects, particularly in power transmission and rural electrification.

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Quick Reads


  • Chairman of Bajaj Electricals, a leading Indian consumer durables company.
  • A member of the storied Bajaj business family.
  • He is the cousin of the late Rahul Bajaj.
  • Transformed Bajaj Electricals from a lighting company to a diversified EPC and consumer goods firm.
  • The company is a household name in India for products like fans and appliances.

Early Life and Background


Shekhar Bajaj is an Indian businessman, the billionaire Chairman and Managing Director of Bajaj Electricals Ltd. (NSE: BAJAJELEC), a major manufacturer of consumer electrical goods, lighting, and power solutions. His wealth is generational, tied to the industrial empire founded by his grandfather, Jamnalal Bajaj, in 1926.

Bajaj holds a B.Sc. from Sydenham College, Mumbai, and pursued graduate studies in the U.S. His philosophical approach centers on generational stewardship, product innovation, and long-term brand preservation (driving the group's focus on affordable consumer electricals).

  • Bajaj Electricals Ltd. (Chairman & MD): The core publicly traded asset, a major manufacturer of appliances, lighting, fans, and power solutions (a dominant Indian consumer brand).
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic market for affordable consumer electrical goods.
  • Academic Background: He holds a B.Sc. from Sydenham College.
  • Family Governance: He and his cousins and siblings control the massive Bajaj Group empire.

Career Journey of Shekhar Bajaj


Shekhar Bajaj's strategic leadership guided Bajaj Electricals' transformation into a consumer electrical goods powerhouse. He assumed the MD role and successfully guided the company's commitment to scale manufacturing and brand development in the high-volume Indian consumer market. His structural contribution is immense: pioneering the scale manufacturing and professionalization of the Indian consumer electricals sector.

He remains Chairman and MD, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability of the global consumer electrical goods and manufacturing sectors.

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Shekhar Bajaj's Timeline


1960s (approx.):

Graduates with a B.Sc. from Sydenham College, Mumbai (Academic Achievement).

1980s (approx.):

Shekhar Bajaj assumes an executive role in the family business (Executive Ascent).

2000s:

Bajaj Electricals expands aggressively into new appliance categories (Product Apex).

Ongoing:

Continues as Chairman and MD, guiding the global industrial giant (Executive Oversight).

Major Business Ventures and Investments


Shekhar Bajaj's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded industrial giant, Bajaj Electricals Ltd. (NSE: BAJAJELEC), and the broader Bajaj Group.

  • Bajaj Electricals Ltd. (Chairman & MD): The core publicly traded asset, a major manufacturer of appliances, lighting, fans, and power solutions.
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic market for affordable consumer electrical goods.
  • Academic Background: He holds a B.Sc. from Sydenham College.
  • Family Governance: He and his cousins and siblings control the massive Bajaj Group empire.

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Philanthropy and Social Impact


Shekhar Bajaj's social impact stems from Bajaj Electricals' role as a massive industrial employer and provider of essential appliances and lighting solutions for millions of Indian households, contributing to improved living standards. The Bajaj Group Foundation supports various educational, health, and social welfare initiatives, continuing the family's legacy of commitment to national development.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Shekhar Bajaj maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Mumbai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, technological innovation, and strategic investment.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman and MD of Bajaj Electricals (consumer electrical goods and lighting).
  • His family's empire, the Bajaj Group, was founded by his grandfather in 1926.
  • Bajaj Electricals is a dominant brand in the Indian consumer electricals market.
  • He holds a B.Sc. from Sydenham College.
  • His fortune is tied to the successful generational management and stability of the Indian consumer goods sector.
  • His philosophy emphasizes product quality and mass-market penetration.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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