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Maruti Suzuki Profile
Maruti Suzuki Profile
Maruti Suzuki Profile
In early 1980s Indian Govt decided to produce a small car, which would be within
buying reach of Indian middle class. The obvious place to shop for technology was
Japan, which had developed world class capabilities in small cars by that time.It
was not Toyota, or Nissan, or Honda ,three largest player in Japan, but Suzuki, a
much smaller company with strong capcabilities in making small cars. Suzuki
grabbed the opportunity with both hands and formed a joint venture with govt.
called Maruti Udyog.
Maruti rolled out its 1st car, Maruti 800 with 800cc engine in December 1983. This
model targeted at masses and was lanuched as “People’s car”. In early 2003,
Maruti Udyog, a joint venture between Suzuki and Indian Govt. dominated India’s
automobile market with 54% market share and with annual production capacity of
5lac cars. The company dominated Indian Small car market with a share of 100%
in A seg, 45% in B seg and 86% overall.
The company has a portfolio of 18 brands, including
In keeping with its leadership position, Maruti supports safe driving and traffic
management through mass media messages and a state-of-the art driving training
and research institute that it manages for the Delhi Government.
The company's service businesses including sale and purchase of pre owned cars
(TrueValue), lease and fleet management service for corporates (N2N), Maruti
Insurance and Maruti Finance are now fully operational.