Lala Mukand Lal sets up Mukand Iron & Steel Works in Lahore but is unable to run the plants. On Gandhi’s suggestion, Jamnalal Bajaj, seen here at the Lahore factory, acquires Mukand Iron & Steel Works Ltd. in 1939. In 1989 the name of the company was changed to Mukand…
Hindustan Sugar Mills Ltd. marked Jamnalal’s entry into the sugar industry. In the year 1988, The Hindusthan Sugar Mills Limited was renamed as Bajaj Hindusthan Sugar Limited.
Bachhraj Factories Private Ltd. is established. Under the Bajaj Factories umbrella, the family ran cotton ginning and pressing factories in Guntur, Wardha and several other places in Maharashtra