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The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, that became the first Japanese automaker, as well as the first major foreign automaker, to invest in India.
Maruti Suzuki produced 1,133,695 units between 1 April 2011 and 30 March 2012. [201] The Suzuki Motor Corporation owns 54.2% of Maruti Suzuki and the rest is owned by various Indian public and financial institutions. The company was incorporated in 1981 and is listed on the Bombay Stock Exchange and National Stock Exchange of India. [202]
Osamu Suzuki (鈴木 修, Suzuki Osamu, né Matsuda 松田; January 30, 1930 – December 25, 2024) was a Japanese businessman and the chairman of Suzuki Motor Corporation. [2] [3] Since 1978, Osamu Suzuki had been the CEO, president, and the chairman of the company. In February 2021, the company announced that Suzuki would retire 4 months ...
Suzuki Motor Gujarat Private Limited (SMG) is an automotive manufacturing plant owned by Maruti Suzuki India Limited, located in the Hansalpur Becharaji village of Mandal Taluka in Ahmedabad District. The plant was opened on 1 February 2017 and has a total annual capacity of 750,000 units. [1] [2]
Ravindra Chandra Bhargava (born 30 July 1934) is the former C.E.O and current chairman of Maruti Suzuki, the largest automobile manufacturer in India, having joined the company after serving twenty-five years as an Indian Administrative Service officer. [1] [2] [3]
It has various automobiles dealership with Maruti Suzuki, Tata Motors, Force Motors, Mahindra and BSA Electric Scooters. ABT Maruti is one of the oldest Maruti dealer networks in India, has been operating since 1984. [5] Anamalais Engineering (P) Ltd. and Anamalias Retreading Company are engaged in automobiles construction sector.
Uttara Motors Limited, the flagship of the group, is the official distributor of Asia MotorWorks, Bajaj Auto, Force Motors, Isuzu, Maruti Suzuki, Pak Suzuki Motor Corporation Limited, Suzuki Indomobil Motor, SML Isuzu, and Suzuki in Bangladesh. [3] [4] [5]
Maruti Suzuki was the first and the most successful of these new entries, in part the result of government policies to promote the automotive industry beginning in the 1980s. [14] As India began to liberalise its automobile market in 1991, a number of foreign firms also initiated joint ventures with existing Indian companies.