Categories: Business

Leading vehicle manufacturer Maruti Suzuki completes 40 years in India

Leading vehicle manufacturer, Maruti Suzuki has completed 40 years in India. On the occasion, Prime Minister Narendra Modi inaugurated the company’s electric vehicle battery manufacturing plant at Hansalpur in Gujarat and the passenger vehicle plant at Kharkhoda, Haryana. This time Maruti Suzuki has decided to invest 10 thousand crores for the EV plants. Maruti Suzuki may start production of electric vehicles in India from 2025.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

Maruti Udyog Limited was established in India in the year 1981. It was a public sector company. In 1982, Japanese automaker Suzuki started a joint venture with Maruti. Over the past forty years, Maruti Suzuki has become the most preferred brand in the country. RC Bhargava is the Chairman of Maruti Suzuki India.

Aim to capture 50% of the market:

The country’s largest carmaker Maruti Suzuki India (MSI) is eyeing to regaining a 50 per cent share in the domestic market. Maruti is celebrating 40 years of operations in the country. The company’s market share fell to 43.38 per cent in the last financial year 2021-22, from a peak of 51.21 per cent in 2018-19.

Important takeaways for all competitive exams:

  • Maruti Suzuki India Managing Director and CEO:  Hisashi Takeuchi;
  • Maruti Suzuki India Founded: 24 February 1981, Gurugram;
  • Maruti Suzuki India Headquarters: New Delhi.

Find More Business Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Mumbai Debuts in IWG 2026 Work From Anywhere Index With 77

The first appearance of Mumbai in the IWG 2026 Work from Anywhere Index has taken…

23 minutes ago

India Restored 21.76 Million Hectares of Land During 2011–2020

Land restoration was carried out for about 21.76 million hectares of land in India between…

52 minutes ago

Top 5 Sugar Producing States in India in 2026

India is one of the major sugar producers in the world, with Maharashtra, Uttar Pradesh,…

2 hours ago

Which State is Known as the Sugar Bowl of India? Know the Top 5 Sugar Producing States in 2026

“Where sugarcane grows in abundance, the sugar mills never sleep.” This saying perfectly describes India's…

2 hours ago

India Launches First Non-GMO High-Expansion Popcorn Maize Hybrid

To attain the agricultural independence in the country, India has released the first-ever non-GMO and…

2 hours ago

UPI Completes 10 Years: Key Milestones, Statistics, Global Reach and What’s Next

Unified Payments Interface (UPI). Introduced on 25 August 2016 by the NPCI (National Payments Corporation…

3 hours ago