Now in the series of top automobiles companies in India, today we will cover one of the largest automotive companies in India, which is Maruti Suzuki India Limited. In this article, topics are covered such as its history, founder, career, products, market cap, and much more.

Overview:

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 percent of the domestic car market.

Maruti Udyog Limited was incorporated in 1981 under the provisions of the 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 the Government of India and Suzuki Motor Corporation.

It was in 1983 that India’s first affordable car, Maruti 800, a 796 cc hatchback was launched as the company went into production in a record time of 13 months.

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Founded By:

Maruti Udyog Limited was founded by the Government of India on 24 Jan 1981 with Suzuki Motor Corporation as a minor partner, only to become the formal JV partner and license holder of Suzuki in August 2021. The first manufacturing factory of Maruti was established in Gurugram, Haryana, in the same year.

Logo: Maruti Suzuki

Headquarter:

New Delhi, India

Exports: Maruti Suzuki started exports of its vehicles in 1986-87 with the first large consignment to Hungary. Today, Maruti Suzuki exports to over 100 countries, globally. To date, the Company has exported over 21.85 lakh units. Maruti Suzuki’s vehicles are popular with global customers across Latin America, ASEAN, Africa, the Middle East, and neighboring regions.

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Maruti Collabration with Suzuki

In October 1982, Maruti Udyog limited merged with the Japanese automobile company, Suzuki. The same year, the company also set up a manufacturing unit at Gurgaon, Haryana. With the JV between Maruti and Suzuki, the company received the right to import 40,000 fully built Suzuki cars from Japan in the first two years, after which also the company was planning to use about 33% of indigenous products only.

Milestones: Maruti Suzuki

2014: Maruti Suzuki announces global debut of ‘Celerio’ with revolutionary Auto Gear Shift

2013: Maruti Suzuki introduces stylish Stingray

2012:India’s favorite car Maruti Suzuki Alto crosses the 20 Lakh sales mark

2011: Maruti Suzuki India unveiled its much-awaited sportier and stylish car, the all-new ‘Swift’.

2011: On March 15, Maruti Suzuki India rolled out its 1 Crore (ten-millionth) car. The historic 1 Crore car, a Metallic Breeze Blue colored WagonR VXi (Chassis No 243899) rolled out from the Company’s Gurgaon plant.

2010: Maruti Suzuki has been ranked India’s most Trusted Brand in Automobile Sector by India’s leading Business newspaper The Economic Times.

2009 – MSIL adopts voluntary fuel disclosure. The first shipment of A–star leaves Mundra Port–on Jan 10. A–star bags, Zigwheels” car of the year award” A–star rated best small car of the year–Autocar–UTVi.

2008 – World Premiere of concept A–star at 9th Auto Expo, New Delhi.

2007 – Swift diesel launched. The new car plant and the diesel engine facility commences operations during 2006–07 at Manesar, Haryana.SX4–Luxury Sedan Launched with the tag line “Men are black”.Maruti launches Grand Vitara.

2006–J.D.Power Survey award for the sixth year.MSIL has changed its EMS from ISO 14001:1996 version to ISO 14001:2004 version w.e.f.1st July

2005– MSIL was certified in 2005 as per ISO 14001:2004 standards.

2004 – A new esteem launched –second successful facelift by Maruti engineers.

2003 – Maruti gets listed on BSE and NSE.IPO(issue oversubscribed 11.2 times)New zen launched–the first facelift by Maruti engineers.

2002 – Divestment –Suzuki Motor Corporation(SMC)acquires majority stake in MUL.Maruti Finance & Insurance launched.

2001 – Turn around with profits Rs104.5 crore.Four new businesses–True value, Insurance, Finance. Maruti Versa launched. Maruti True Value launched.

2000 – Maruti alto launched.The first car company in India to launch a call center.IDTR was launched jointly with the Delhi government to promote safe driving habits.

The product range of the Maruti Suzuki includes:

It offers a 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.

• Maruti Alto 800
• Omni
• Gypsy
• Zen Estilo
• Wagon R
• Versa
• A– Star
• Ritz
• SX4
• Dzire
• Grand Vitara
• Ertiga
• Celerio

Maruti Suzuki Current Models:

Hatchbacks:

Model	Production
Wagon R	1999-present
Alto	2000
Swift	2005
Celerio	2014
Baleno	2015
Ignis	2017
S-Presso	2019

Sedan:

Model	Production
Ciaz	2014 (Arena (2014-2016)NEXA (2017-present))
Dzire	2017

SUV/Crossover:

S-Cross	2015
Vitara Brezza	2016

MPV/Van

Eeco	2010
Ertiga	2012
XL6	2019

Subsidiary companies

The company now boasts of having nine subsidiary companies in total, namely:

• True Value Solutions Ltd
• Maruti Insurance Agency Logistics Ltd
• Maruti Insurance Agency Solutions Ltd
• Maruti Insurance Distribution Services Ltd
• Maruti Insurance Business Agency Ltd
• Maruti Insurance Agency Services Ltd
• Maruti Insurance Agency Network Ltd
• J J Impex (Delhi) Pvt Ltd
• Maruti Insurance Broker Ltd

Market capitalization of Maruti Suzuki India (MARUTI.NS)

Market cap: $33.49 Billion

As of February, 2022 Maruti Suzuki India has a market cap of $33.49 Billion. This makes Maruti Suzuki India the world’s 570th most valuable company by market cap according to “companiesmarketcap.com” data. 

Career in Maruti Suzuki India

How do I join Suzuki?

Join Maruti Suzuki in the amazing journey of defining the way India drives.

 They will be maintaining your resume in that database and will contact you, in case we find it suitable as per their requirement. The process is as follows:

1. CV Screening.

2. psychometric profiling.

3. personal interview(s)

4. antecedent verification & medical checkup.

5. Offer & On-Boarding.

For More Go to Career Page: Click Here