Bajaj Auto revamps organisational structure

Mumbai: Bajaj Auto Limited, India's premier automotive company, has announced a new organisational restructuring for the Auto business. The company says that with this restructuring, the existing business roles and responsibilities in the company have been strengthened to ensure greater operational empowerment and effective management.

The five pillars of this new structure, called strategic units, are,

  • R&D
  • Engineering
  • Two-wheeler business unit
  • Commercial vehicles business unit and
  • International business unit

The finance, MIS, HR, business development and commercial functions will support these units.

Pradeep Srivastava, who was VP, Engineering prior to the restructuring, will now be designated president, Engineering. According to the reorganised structure the company will have three CEOs. S Sridhar, currently, VP, Marketing and Sales, two-wheelers, will now head the two-wheeler business unit as CEO with responsibility for the manufacturing operations at Waluj and Akurdi.

RC Maheshwari has joined Bajaj Auto as CEO, commercial vehicles.

The company says it is in the process of identifying a CEO for its international business.

The three CEOs will be responsible for the company's top line, business growth and profitability of their respective businesses.