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Maruti Suzuki information


Maruti Suzuki India limited
FormerlyMaruti Udyog Limited
Company typePublic
Traded as
  • BSE: 532500
  • NSE: MARUTI
  • BSE SENSEX Constituent
  • NSE NIFTY 50 Constituent
ISININE585B01010
IndustryAutomotive
Founded24 February 1981; 43 years ago (1981-02-24)[1]
FounderGovernment of India
HeadquartersNew Delhi, India[2]
Area served
India
Key people
  • R. C. Bhargava[3] (Chairman)
  • Hishahi Takeuchi (Managing Director & CEO)[3]
  • Kenichi Ayukawa[3] (Executive Vice Chairman)
  • Shasank Srivastava (Executive Director)
Products
  • Automobiles
  • Commercial vehicles
  • Automotive parts
Production output
Increase 1,563,298 units (2020)[4]
Services
  • Automotive finance
  • Vehicle service
RevenueIncrease 145,952 crore (US$18 billion) (2024)[5]
Operating income
Increase 17,424 crore (US$2.2 billion) (2024)[5]
Net income
Increase 13,488 crore (US$1.7 billion) (2024)[5]
Total assetsIncrease 115,353 crore (US$14 billion) (2024)[5]
Total equityIncrease 85,636 crore (US$11 billion) (2024)[5]
Number of employees
16,025 (2021)[6]
Parent
  • Suzuki Motor Corporation[7]
Websitewww.marutisuzuki.com

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] 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]

  1. ^ Aulbur, Wilfried (9 February 2017). "Suzuki drives India's car manufacturing story". Thehindubusinessline.com.
  2. ^ a b "Office Addresses - Maruti Suzuki India Limited". Marutisuzuki.com. Retrieved 13 September 2018.
  3. ^ a b c "Our Leadership - Maruti Suzuki India Limited". Marutisuzuki.com.
  4. ^ "Maruti Suzuki Annual Report 2020" (PDF). Maruti Suzuki Limited.
  5. ^ a b c d e "SEBI Standalone and Consolidated FY2023-24" (PDF).
  6. ^ "Annual Integrated Report 2020-21" (PDF). Maruti Suzuki.
  7. ^ "MARUTI SUZUKI INDIA LTD SHARE HOLDINGS". Financial Express. 12 May 2021.
  8. ^ "Maruti Suzuki chases market share but losing 'mind share' to Tata Motors". Moneycontrol. 21 November 2022. Retrieved 14 December 2022.
  9. ^ "Maruti Suzuki Case Study - History and Success in India". StartupTalky. 27 August 2021. Retrieved 7 April 2023.
  10. ^ Maruti Suzuki Corporate Information Archived 26 January 2013 at the Wayback Machine. Retrieved 2013-02-01.
  11. ^ "Govt exits Maruti, sells residual stake for 2,360 cr". The Times of India. 10 May 2007. ISSN 0971-8257. Retrieved 7 April 2023.

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