Profile
Led by Indian officials, Maruti Suzuki India was established as a joint venture with Japan's Suzuki Motor in 1970. The company's production began in 1983. Today, Maruti Suzuki India has become India's largest automobile manufacturer. It is also regarded as an example of cooperation between India and foreign companies in India. At the beginning of its establishment, the company was already adopting the strategy of producing inexpensive vehicles, and it has continued down this route till today. Maruti Suzuki India's products, including SUVs and passenger cars, are mainly made for the consumer market, though the company also makes some commercial vehicles.
Business Info
Industry | Automotive Manufacturing |
Place of Residence | India |
Market Cap - End of 2022 ($M) | 30,663 |
2021 Revenue ($M) | 10,991 |
Rank of 2021 Revenue | 86 |
2021 Profit ($M) | 439 |
Rank of 2021 Profit | 80 |
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