The company, formerly known as Maruti Udyog Limited, was founded in February 1981 as a joint venture between the Government of India and the Suzuki Motor Corporation of Japan.Maruti Suzuki is India’s largest passenger car manufacturer. Maruti Suzuki is credited with fueling the country’s automotive renaissance.On February 24, 1981, the company was founded as a government commodity with the objective of developing automobiles for Indian middle-class households. The firm produces and sells passenger vehicles in India.Maruti Suzuki’s first car, the Maruti 800, created history.

Maruti Suzuki India commenced operations in 1981, ushering in a new era in India’s automotive history. The next year, 1982, saw the Government of India and the reputable Suzuki Motor Corporation (SMC) of Japan negotiate a large joint venture arrangement, which strengthened this partnership. This relationship laid the groundwork for the Company’s future successes and milestones.
Nearly two decades later, by 2002, Maruti Suzuki India Ltd. transitioned to become a subsidiary of SMC. This alliance highlights the company’s important role in the automotive sector, not just within India but on a global scale. Reflecting this prominence, the company today stands proud as the largest subsidiary of SMC in terms of both production volume and sales. Consolidating its position, SMC currently possesses a substantial 56.48% equity stake in Maruti Suzuki.

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Maruti Suzuki’s footprint in the stock market is also noteworthy. As a public limited company, its shares have found their place on prominent platforms such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), showcasing the financial community’s trust and the general public’s faith in the brand. Driving on the roads of India, it’s hard to miss the presence of Maruti Suzuki. The Company is not only the market leader in Passenger Vehicles within the nation but has also earned the accolade of being India’s largest exporter of Passenger Vehicles. In the fiscal year 2022-23, the Company achieved a remarkable turnover, surpassing ₹1 lakh crore. This massive figure places Maruti Suzuki in the elite league of a few manufacturing companies in India that have achieved such a feat. Maruti Suzuki’s presence on the stock market is also notable. As a public limited company, its shares are listed on major exchanges such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), demonstrating the financial community’s and the general public’s trust in the brand. Driving on Indian roadways, it is difficult to overlook the presence of Maruti Suzuki. Not only is the company the national market leader in passenger vehicles, but it is also India’s largest exporter of passenger vehicles. In fiscal year 2022-23, the Company’s turnover exceeded ₹1 lakh crore. This large amount placed Maruti Suzuki in an elite group of only a few manufacturing enterprises in India that have accomplished such achievement.