AD Agencies
Leo Burnett partners with Bajaj Auto to create ‘V’
MUMBAI: It was a leap of faith of sorts when Bajaj Auto took to Leo Burnett’s idea of carving a bike out INS Vikrant’s metal scraps, and from a mere prototype gave shape to Bajaj V, whose launch has set social media ablaze .
Amidst tweets, photos, Facebook status updates and insta-shares, the latest commuter segment bike offering from Bajaj Auto titled ‘V’ launched with much pomp and show in Delhi today.
The bike was already making headlines since a video with a preview of it went viral online almost a week ago. Conceptualised by Leo Burnett India, the video shows documented footage of the aircraft carrier in all its glory and its subsequent dismantling in 2012 which is sure to set pangs across several patriots in the country who grew up with the name Vikrant.
And the subsequent shot of the new bike born from the ashes of the war ship’s scrap sends across a sense of awe.
While it is of common knowledge that Leo Burnett India are behind the creative campaign for the new bike, very few are aware that the original idea for the bike actually came from the agency as well.
The idea for Bajaj V, came from a prototype that Leo Burnett had conceptualised for their long term client.
“We had to come up with a way to deliver on the idea if ‘Hamara Bajaj’. We didn’t want to go with the old song and dance formula and deliver something more participative. It was around the time Vikrant was going through its decommissioning and was being scrapped. Seeing the unanimous dismay over the scrapping, the team felt what if there was an iconic bike that carried the symbol of vikrant and every Indian could own it ? What better way to communicate hamara Bajaj?” asks Leo Burnett CEO Saurabh Verma.
“Even in its nascent stage we only had a limited edition launch in mind and built the entire prototype on the back of that. It elaborated on how people will connect to it and engagement and campaign ideas for it.” Verma adds. Little did he know that automobile brand will take the idea to the next level. Bajaj Auto bought away the Vikrant metal; enough to process it to be a part of gas tanks of a lac of V motorcycles.
This is not the first time the agency had lend their creative mettle in experimenting with new ways to engage with brands they cater to. Their consumer engagement activity they built around OLX Mad ads was well loved and appreciated by the industry. What does it say about the changing role of agencies and their significance to the clients?
“Bajaj V is not just a campaign mandate for us, it’s much much more. Bajaj team and Leo Burnett team are partners increating this iconic bike, therefore there is more accountability involved. With this unique partners we handle campaigns for Bajaj, we handle activation and shopper marketing for them as well. Not to mention their internal communication and Pr as well,. From conceptualising an from its very production to rolling it across every medium – there is definitely a lot more involvement and ownership that leads to accountability for the brand,” responds Verma, adding that they have several other projects in the pipeline where they have experimented with brands on different levels.
Expanding on the concept of building a bike’s gas tank from the scraps of a warship, the brains behind the idea Leo Burnett CCO Raj Deepak Das adds, “ Growing up, the biggest warship that comes to our mind is INS Vikrant. Therefore when they decided to scrap it, it didn’t sit well with many, me included. So when someone from the team suggested if we could use those scraps, we decided what better way than a bike through which we can own a bit of history?”
It’s been over a decade since India’s popular locomotor brand Bajaj has churned out a motorbike. Their last, Bajaj Pulsar was a huge hit, and now is almost a household name.
“The Bajaj V shall usher a new era in commuter motorcycling. We believe the Indian customer buying a commuter motorcycle deserves something that is substantial, solid, and which moves with a sense of purpose,”said Bajaj Auto president–motorcycle Business,Eric Vas
Expected to be priced between Rs 60000 to Rs 70,000, the bike will hit the roads by this March.
“We will start with a capacity of 20,000 units month and should demand exceed that, there is no problem in enhancing the capacity further,” adds a confident Bajaj Auto managing director Rajiv Bajaj while signing off.
AD Agencies
Omnicom doubles synergy target to $1.5 billion, flags more job cuts after IPG deal
Advertising giant targets deeper job cuts and restructuring by mid-2028
NEW YORK: Global advertising group Omnicom Group has sharply escalated its cost-cutting ambitions following its acquisition of Interpublic Group, doubling its annual synergy target to $1.5 billion by mid-2028, according to media reports.
The bulk of the savings, $1 billion a year, will come from labour costs, according to Omnicom’s fourth-quarter earnings presentation. This signals further job cuts, restructuring and the relocation of roles to lower-cost markets.
The tougher stance comes just months after Omnicom announced 4,000 redundancies in December, immediately after closing the IPG transaction.
Presentation slides show labour-related synergies accelerating over the next three years, rising to $645 million in 2026, $920 million in 2027 and $1 billion by 2028. The company said the savings will be delivered through a mix of headcount reductions, offshoring and near-shoring, alongside outsourcing selected back-office functions.
Beyond payroll, Omnicom expects to extract $240 million from real estate consolidation and a further $260 million from IT, procurement and operational efficiencies.
The revised $1.5 billion target is double the $750 million estimate flagged when the IPG deal was announced in late 2024, underscoring a more aggressive integration push than previously signalled.
Chief executive John Wren said Omnicom aims to deliver $900 million of the synergies by the end of 2026, with the full run-rate achieved within 30 months. On the earnings call, Wren and chief financial officer Phil Angelastro said early integration efforts had focused on eliminating duplicated corporate and operational functions.
“Unfortunately, you couldn’t keep two of everything,” Angelastro said, pointing to executive and structural overlaps created by the merger.
The restructuring has also led to a simplification of agency brands and reporting lines. Legacy networks such as DDB Worldwide, FCB and MullenLowe Group have been dismantled as standalone entities, with the group reorganised around nine “connected capabilities”, including Omnicom advertising and Omnicom media.
Omnicom is also expanding a unified resourcing model built around offshore hubs in Colombia, Costa Rica and India, which are expected to take on a larger share of delivery and support functions.
Angelastro said artificial intelligence was not the primary driver of staffing reductions, though automation and AI are being explored to lift productivity.
Omnicom expects total headcount to settle at about 105,000 employees, down from a combined 128,000 at the end of 2024. Around 10,000 roles will fall off payroll through divestments and exits from non-core agency assets.
Investors cheered the expanded savings plan. Omnicom shares jumped more than 15 per cent to close above $80, buoyed by the higher synergy target and a separate $5 billion share buyback programme. Analysts at Bank of America called the moves “key positives”, though flagged the absence of organic growth guidance for 2026.
The New York–headquartered group reported an annual net loss of $54.5 million on revenue of $17.3 billion, reflecting one month of IPG contribution and heavy one-off costs linked to the merger and restructuring.
Omnicom will host an investor day on 12 March, where it is expected to outline further integration milestones and capital allocation priorities.
