Maruti Suzuki India Ltd (MSIL), commonly referred to as Maruti and formerly known as Maruti Udyog Ltd, is an automobile manufacturer in India. The company is engaged in the business of manufacture, purchase and sale of motor vehicles, automobile components and spare parts (automobiles).
At present, the company is sitting on a capacity to make almost 1.5 million cars a year and it is in the process of adding capacity for another 250,000 cars. The company also pledged to invest in new, cost-effective technologies that bring down greenhouse gas emissions of its facilities. The Company is actively supporting the government, in laying down a robust policy framework to promote electric and hybrid vehicles in the country. It is also part of government efforts to introduce corporate fleet emission norms for 2015 and 2020.
In the overall passenger vehicle segment, the company has enhanced its market share to over 40 per cent during April-July, FY13.
Maruti Suzuki: Continuing to remain market leader
|1994||Production of one millionth car|
|2005||In the process of establishing Suzuki’s largest R&D facility outside Japan|
|2008||Plans to produce 1.7 million cars by 2013|
|2011||Roll-out of 10 millionth car|
|2012||Total sales crossed 1 million units in FY12|
Updated: August, 2013