|
Maruti Udyog Ltd., (MUL) incorporated in 1981, is a private foreign company
primarily engaged in the manufacture of passenger cars. Formed by a joint
venture between the Indian Government and Suzuki Motor Company of Japan, the
company has established itself amongst the leaders in the Indian Auto market.
Its plant located in Gurgaon, has a capacity of manufacturing 350000 units per
annum. MUL's product range includes 10 basic models with over 50 variants, of
which nine models are manufactured by the company inhouse and one is imported
from Suzuki. Over the last decade, MUL has launched various models such as
Omni, 1000, Zen, Esteem, WagonR, Gypsy, Alto, Baleno, Vitara etc. targeting all
segments of customers. In addition to domestic sales, Maruti also exports to
many European markets.
Through it's subsidiaries, the company also provides allied services like
sale and purchase of pre-owned cars, lease and fleet management service for
corporates, insurance and finance services,etc.
The company functions through a network of 303 sales outlets across 189
Indian cities, owned and managed by its channel partners. The 1923 authorised
service outlets cover a network of over 1000 towns and cities in the country.
The company is headed by Mr Shinzo Nakanishi, the chairman and director. As on
June 2005, the President of India owns 18.28% of the company while Suzuki Motor
Corporation and the Indian Public own 54.21% and 2.85% respectively.
|
