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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]
Suzuki, who led the company for over four decades, was known for his frugality and ambition. ... The first car, the Maruti 800, launched in 1983, was an instant hit, and today Maruti Suzuki holds ...
In 2011, Maruti Suzuki declared it would relaunch the Maruti Suzuki 800 with a new version compliant with Euro IV emission norms to tap the small car market to compete with the Tata Nano, but later on Maruti Suzuki decided to phase out as it was not feasible for the company. [14]
Chairman of Maruti Suzuki Retired IAS officer 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.
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 ...
He was the chief executive of Tata Engineering and Locomotive Company (TELCO). [1] also was vice-chairman of Tata Steel [2] and served as non-executive chairman of Maruti Suzuki. [3] He was awarded the Padma Bhushan, third-highest civilian honour by the Government of India in 1990. [4]
Michio Suzuki (鈴木 道雄, Suzuki Michio) (18 February 1887 – 27 October 1982) was a Japanese businessman and inventor, known primarily for founding the Suzuki Motor Corporation, as well as several innovations in the design of looms.