BUY MARUTI SUZUKI @3955
pramod rai
MARUTI SUZUKI
Company Info: Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile manufacturer in India It is a subsidiary of Japanese automobile and motorcycle manufacturer Suzuki As of November 2012, it had a market share of 50% of the Indian passenger car markets.[9] Maruti Suzuki manufactures and sells popular cars such as the Alto, Swift, Zen, Swift DZire, SX4 and Omni.] The company is headquartered at New Delhi.[2] In February 2012, the company sold its ten millionth vehicle in India.
Operations
In 1982, a license & Joint Venture Agreement (JVA) was signed between Maruti Udyog Ltd. and Suzuki of Japan. At first, Maruti Suzuki was mainly an importer of cars. In India's closed market, Maruti received the right to import 40,000 fully built-up Suzuki in the first two years, and even after that the early goal was to use only 33% indigenous parts. This upset the local manufacturers considerably. There were also some concerns that the Indian market was too small to absorb the comparatively large production planned by Maruti Suzuki, with the government even considering adjusting the petrol tax and lowering the excise duty in order to boost sales Finally, in 1983, the Maruti 800 was released. This 796 cc hatchback was based on the SS80 Suzuki Alto and was India’s first affordable car. Initial product plan was 40% saloons, and 60% Maruti Van Local production commenced in December 1983.[11] In 1984, the Maruti Van with the same three-cylinder engine as the 800 was released and the installed capacity of the plant in Gurgaon reached 40,000 units.
In 1985, the Suzuki SJ410-based Gypsy, a 970 cc 4WD off-road vehicle, was launched. In 1986, the original 800 was replaced by an all-new model of the 796 cc hatchback Suzuki Alto and the 100,000th vehicle was produced by the company In 1987, the company started exporting to the West, when a lot of 500 cars were sent to Hungary. By 1988, the capacity of the Gurgaon plant was increased to 100,000 units per annum.
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(Rs. cr.) |
Turnover |
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3,957.90 |
119,560.27 |
49,970.64 |
3,711.22 |
23,884.40 |
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1,224.05 |
76,024.81 |
38,945.42 |
3,321.11 |
21,875.47 |
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5.85 |
122.07 |
15.1 |
-41.9 |
-45.3 |
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The current
market price is
3955