Maruti Suzuki
Indian automobile manufacturer company / From Wikipedia, the free encyclopedia
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Maruti Suzuki India Limited (formerly Maruti Udyog Limited) is the Indian subsidiary of Japanese automaker Suzuki Motor Corporation. As of September 2022, the company had a leading market share of 42 percent in the Indian passenger car market.[8]
This article may need to be rewritten to comply with Wikipedia's quality standards. (May 2019) |
Quick Facts Formerly, Company type ...
Formerly | Maruti Udyog Limited |
---|---|
Company type | Public |
ISIN | INE585B01010 |
Industry | Automotive |
Founded | 24 February 1981; 43 years ago (1981-02-24)[1] |
Founder | Government of India |
Headquarters | New Delhi, India[2] |
Area served | India |
Key people |
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Products | |
Production output | 1,563,298 units (2020)[4] |
Services | |
Revenue | ₹145,952 crore (US$18 billion) (2024)[5] |
₹17,424 crore (US$2.2 billion) (2024)[5] | |
₹13,488 crore (US$1.7 billion) (2024)[5] | |
Total assets | ₹115,353 crore (US$14 billion) (2024)[5] |
Total equity | ₹85,636 crore (US$11 billion) (2024)[5] |
Number of employees | 16,025 (2021)[6] |
Parent | |
Website | www |
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The Government of India established Maruti Udyog Limited in February 1981 as a joint venture with Suzuki Motor Corporation as a small partner. In 1982, Maruti opened its first production facility in Gurugram, Haryana, India.[9] The Government of India partially departed the business in 2003 and then sold all of its remaining shares to Suzuki Motor Corporation in 2007.[2][10][11]