Maruti suzuki company history

 

Maruti Suzuki india LTD (formaly Maruti Udyog ltd)  is india's largest passenger car company accounting for over 50% of the domestic car market. the company offers full range of cars from entry level maruti vitara brezza to stylish hatchback Ritz A-star swift wagon R Estillo and sedans dzire SX4 and sports utility  vehicle grand vitara. The company is a subsidiary of suzuki motor corporation of japan. The japanese car major held 56.21% stake in maruti suzuki as on 31 December 2017. The company is engaged in the business of manufacturing purchase and sale of motor vehicle and spare parts (automobiles0. the other activities of the company inculd facilities of pre-owned car sales fleet management and car financing. they have four plants three located at manesar industrial town gurgoan haryana and one located at manesar industrial .

in the year 1983 the company started their production and launched maruti 800. in the year 1984 they introduced maruti omni and during the next year  they launched maruti gypsy in the market. in the year 1987 company forayed into the foreign market by exporting first lot of 500 cars to hungary in the years 1990 the company launched india's first three-box car sedan. in the year 1992 suzuki motor corporation japan increased their stake in the company to 50% in the year . in the year 1993 they introduced  the maruti zen and in the next yeaar they launched maruti esteem in the market


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