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Rajan Paswan
Honorary Mentions - ... • 1y
History of Maruti Suzuki in India! Btw have you noticed, the new cars from the company do not have the Maruti logo? It just has Suzuki. Why? Let's go back to 1971. Indira Gandhi wanted a "people's car" in India—a car that everybody could afford. Maruti Motors Ltd. was created for this vision. But no car was made for 10 years. Finally, the government took help from Suzuki Motors Japan and created the entity Maruti Udyog Ltd. with 74% government ownership and 26% owned by Suzuki. New models were released, including the Maruti 800, which ruled the Indian market for 20 years. Looking at the company's success, Suzuki increased its share, reaching 50% by 1992. By 2007, the government sold its stakes to private owners, and Suzuki became the biggest shareholder with over 54% shares. Suzuki then changed the company's name from Maruti Udyog to Maruti Suzuki India Ltd. In 2015, they removed the Maruti symbol from the logo. After 2017, the name Maruti got removed from the cars.
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