Maruti Suzuki

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Maruti Suzuki
Vision and core values

SNAPSHOT
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Date of Establishment| 1981|
Revenue| 0 ( USD in Millions )|
Market Cap | 406250.880869 ( Rs. in Millions )|
Corporate Address| Plot No 1,Nelson Mandela Marg,Vasant KunjNew Delhi-110070, Delhi www.marutisuzuki.com|
Management Details| Chairperson - Rc Bhargava
MD - S Nakanishi
Directors - Amal Ganguli, Davinder Singh, Davinder Singh Brar, Hirofumi Nagao, Kazuhiko Ayabe, Keiichi Asai, Kenichi Ayukawa, Kinji Saito, Manvinder Singh Banga, Osamu Suzuki, Pallavi Shroff, R C Bhargava, Rc Bhargava, RP Singh, S Nakanishi, S Ravi Aiyar, Shinzo Nakanishi, Shuji Oishi, Tsunea Ohashi, Tsuneo Ohashi| Business Operation| Automobiles - Passenger Cars|

Background| Maruti Suzuki India Limited (MSIL), formerly known as Maruti Udyog Limited, a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passenger car company, accounting for over 50 per cent of the domestic car market. Maruti Udyog Limited was incorporated in 1981 under the provisions of Indian Companies Act 1956 and the government of India selected Suzuki Motor Corporation as the joint venture p| Financials| Total Income - Rs. 364139 Million ( year ending Mar 2012) Net Profit - Rs. Million ( year ending Mar 2012) |

Company Secretary| S Ravi Aiyar|
Bankers| |
Auditors| Price Waterhouse & Co|
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COMPANY HISTORY
Maruti Suzuki India Limited (MSIL), formerly known as Maruti Udyog Limited, a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passenger car company, accounting for over 50 per cent of the domestic car market. Maruti Udyog Limited was incorporated in 1981 under the provisions of Indian Companies Act 1956 and the government of India selected Suzuki Motor Corporation as the joint venture partner for the company. In 1982 a JV was signed between Government of India and Suzuki Motor Corporation. It was in 1983 that the India’s first affordable car, Maruti 800, a 796 cc hatch back was launched as the company went into production in a record time of 13 month. More than half the number of cars sold in India wear a Maruti Suzuki badge. They are a subsidiary of Suzuki Motor Corporation Japan.  The company offer full range of cars- from entry level Maruti 800 & Alto to stylish hatchback Ritz, A star, Swift, Wagon R, Estillo and sedans DZire, SX4 and Sports Utility vehicle Grand Vitara. Since inception, the company has produced and sold over 7.5 million vehicles in India and exported over 500,000 units to Europe and other countries. They were born as a government company, with Suzuki as a minor partner, to make a people's car for middle class India. Over the years, its product range has widened, ownership has changed hands and the customer has evolved. What remains unchanged, then and now, is their mission to motorise India.      MSIL’s parent company, Suzuki Motor Corporation, has been a global leader in mini and compact cars for three decades. Suzuki's technical superiority lies in its ability to pack power and performance into a compact, lightweight engine that is clean and fuel efficient.   The same characteristics make their cars extremely relevant to Indian customers and Indian conditions. Product quality, safety and cost consciousness are embedded into their manufacturing process, which they have inherited from their parent company. Right from inception, Maruti brought to India, a very simple yet powerful Japanese philosophy 'smaller, fewer, lighter, shorter and neater' From the Japanese work culture they imbibed simple practices like an open office, a common uniform and common canteen for everyone from the Managing Director to the workman, daily morning exercise, and quality circle teams. Maruti Suzuki exports entry-level models across the globe to over 100 countries and the focus has been to identify new markets. Some important markets include Latin America, Africa and South East Asia.Interestingly with a...
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