Maruti Suzuki India Ltd Company History

Rights issue of equity in Maruti Udyog Ltd, which would lead to an eventual sell-off of the Government's equity in the passenger car joint venture.

Maruti Udyog is launching its first factory-fitted CNG vehicle in a bid to promote use of eco-friendly vehicles in the domestic market.

Maruti Udyog sold 37,490 units in March 2001, 28 per cent more than in February, when it sold 29,569 passenger cars.

Maruti Udyog Ltd. has awarded the Maruti Genuine Paints status to ICI Ltd's ICI Autocolor 2K.

MARUTI Udyog will invest Rs 550 crore in the current fiscal besides targeting an over 24 per

cent rise in turnover at Rs 11,500 crore

Government secures the involvement of FIs in its attempt to disinvest in Maruti Udyog Ltd.

India's largest carmaker Maruti Udyog on on August 23rd launched a variant of its premium small car model 'Alto'. The new model 'Alto vxi' would be equipped with Maruti's true response electronic power steering which is safe and provides better steering control at high speed, a company official said.

Maruti Udyog Ltd on September 24 notified its proposed voluntary retirement scheme (VRS) expected to trim its 5,700 strong workforce by around 20 per cent. Close to 1,000 employees shopfloor workmen and office staff can avail the month-long VRS aimed at boosting profitability.

Maruti Udyog Ltd's first voluntary retirement scheme (VRS), which closed on October23, has found about 1,000 takers.

The government on May 14, 2002 set into motion big-ticket disinvestment in 2002-03 by announcing a two-stage process to exit from Maruti Udyog Ltd, a joint venture with Suzuki Motor Company.

Announcing the decision, Disinvestment Minister Arun Shourie said a Rs 400 crore rights issue to be completely picked up by Suzuki at Rs 3,280 per share will be accompanied by the Japanese auto major paying a control premium of Rs 1,000 crore for gaining a majority stake.

Launches Maruti Finance to offer value-added services such as extended warranty, additional service, finance for car insurance and genuine Maruti accessories

Steps into auto accessories business

Hikes prices of its cars with effect from 28th Jan 2002

Launches Versa, the multi purpose vehicle, in deluxe version

Maruti Udyog in a tie up with Gas Authority of India enters into business of corporate lease and finance management under the brand name of N2N

Ventures into pre owned cars business branded True value

Introduces upgraded versions of Wagon-R

Special edition of Maruti 800 car launched under the name Maruti 800 Special

Stops production in one of its manufacturing plants and shifts most of its production to the other two for the next financial year

Govt and Suzuki finalise pricing over Maruti Rights Issue

Offers optional extended warranty cover for four years for all its vehicles purchased after April 1, 2002

ICRA gives highest safety ratings to Maruti issue

Extends its Maruti Finance service to customers in Maharashtra and Goa

Bags 16,000 Alto export order from Europe

Unveils Alto variant (Alto LXi) with electronic power steering

Suzuki renominates Jagdish Khattar as MD

Steps into lease and fleet management by signing up with leading corporates such as DuPont, Gas Authority of India (Gail), Reckitt & Benckiser and Sona Koyo which will help client companies in acquiring and maintaining their fleet

Suzuki takes over control in Maruti Udyog by hiking its stake in the company from 50% to 54.2%, Maruti Udyog becomes the subsidiary of Suzuki

Suzuki restructures the company's Board of Directors, appoints Shinzo Nakanishi as the new chairman and non-retiring part-time director. Jagadish Khattar continues to be MD

Suzuki Motor Corporation (SMC) subscribes the rights issue of Maruti Udyog for Rs 399 crore

Suzuki takes control of Maruti Udyog

MUL, Daewoo, HM tie-up with Rohan Auto for LPG Kits

Unveils WagonR Pride, special limited edition version of its premium small car WagonR

Unveils Esteem Diesel version

Maruti's market share hits an all-time low of 42 per cent in July

Maruti ranked as the leading player in dealer service

Unveils ' Change Your Life' campaign to attract customers

Increases prices owing to higher input costs

Ties up with Reliance Industries Ltd (RIL) and its group companies for its business of lease and fleet management

Smart memory card rolled out by its service centre, Sharath Motors, can store information on the car's history, insurance, maintenance and all documents. The `Zoom' card comes with a personal accident cover for Rs 1 lakh

Enters into an agreement with State Bank of India (SBI) under which, each of the 12,000 branches of India's largest commercial bank is expected to sell one car per month

Launches its new AC version E2 M800 car

Kicks off the scheme of rewarding existing Maruti vehicle owners with a ‘loyalty bonus’ ranging from Rs 8,000 to Rs 25,000 on exchange of their cars for a new Zen, WagonR, Alto, Esteem or Baleno

Launches a new limited edition version of its small car, Alto. Named `Alto Celebration'

Launches its new Sports Utility Vehicle (SUV) 'Grand Vitara XL-7', the 2700 cc vehicle, priced at Rs 15.96 lakh for the standard version and Rs 16.77 lakh for the limited edition variant

Forges a tie-up with State Bank of India (SBI) for offering co-branded financing option for buyers of Maruti vehicles (SBI-Maruti Finance)

Rolls out its four millionth vehicle

FIPB bans Overseas Corporate Bodies (OCB) from Maruti IPO

Central government picks up 0.23 per cent equity owned by the employees' trust in Maruti Udyog Ltd. (MUL)

Suzuki grants 10% discount on components to MUL

Alto overtakes Zen, WagonR in growth during 2002-03

Suzuki gives govt undertaking to hold min 26-pc in MUL post IPO

MUL and Sumitomo Corp. of Japan increase their equity stakes to 49 per cent each in JJ Impex, a joint venture between the two, from around 47 per cent each

Increases its car market share from 50% to about 55% in last fiscal

Fixes Rs 115 as floor price for IPO

Resumes full-scale production at Gurgaon plant

Comes out with public issue, oversubscribed 7.82 times

Achieves 30-pc market share of Jammu's used-car market

Govt fixes Maruti IPO at Rs 125 per share

Kumar Mangalam Birla inducted on Maruti board as Independent Director

Gets listed at 25.6% premium at Rs 157, on the BSE

Increases the cost of its family cars by around Rs 350-1,926

Ties up with State Bank of Mysore (SBM) to offer car finance

Appoints Mr. Manvinder Singh Banga, Chairman, Hindustan Lever Ltd., as the fourth independent director on the Board of the Company

State Bank of Travancore (SBT) and Maruti Udyog Ltd (MUL) enter in to an agreement to provide low interest loan to the persons who intend to by range of Maruti cars

Union Bank of India forges alliance with Maruti Udyog Ltd. for providing loans to Maruti's customers at competitive rates

Clocks 3 lakh units of exports

Company included in Morgan Stanley Capital International (MSCI) India Index

Slashes Alto model price by Rs 23,167 (ex showroom, Delhi)

Forays into an alliance with State Bank of Saurashtra (SBS) to provide car finance

Maruti Udyog Board approves VRS

Maruti TrueValue, the company's used car outlets, started dealing with pre-owned cars of all manufacturers

The company opened Aluminium foundry at Manesar, Harayana

Unveils revamped Zen car

Launches new version of Grand Vitara

Maruti slashes workforce by 27% via VRS

Rises volume car prices by Rs 2000

MUL unveils new after-sales facility in Chennai

Unveils Versa Variant At Rs 3.27 Lakh

Introduces a new cut-price version of its Alto compact car on April 8th priced at Rs 2,30,000 to help buyers upgrade from the cheaper Maruti 800.

Maruti Udyog reduces the down payment figure to Rs 21,000, for purchasing India's cheapest car Maruti 800 and extends the loan repayment period from seven to eight years which will bring down the equated monthly installment (EMI) to Rs 2,499 from Rs 2,599

Ties up with MRF to boost motorsports in India

Maruti unveils 'Bike to Car' scheme in Ahmedabad

ARBL ties up with MUL for battery supply

Maruti join hands with Indiatimes to buy and sell used cars

Maruti Udyog Ltd's (MUL) ties with State Bank of India for car financing.

Announces a price hike of Rs 2,000-3,000 across models all models except Maruti-800 on January 5, 2005.

Maruti Udyog Ltd rolls out a new-look Maruti 800 with spruced up interiors and upgrades that enable it to meet superior emission norms.

MUL sets up second driving school at Kollam

MUL to sell cars form JV with Suzuki

Maruti Udyog launches Swift in Delhi on May 25, 2005.

Maruti Udyog introduces new Alto

Maruti tops in IQS 2005 awards

Maruti unveils scheme for Kerala Govt employees

Indian car market leader Maruti Udyog on Feb 28, announced a price cut ranging between Rs 13,000-22,000 across five models, including M800 and Alto, following the cut in excise duty on small cars

MUL unveils new WagonR in Punjab.

Maruti Udyog Ltd has announced that the Company will unveil its stylish new Zen Estilo at a gala fashion show on New Delhi, tonight.

Maruti Udyog Limited has informed that Mr. Tsuneo Kobayashi, a non-executive director, has been appointed as Whole-time Director designated as Senior Joint Managing Director. The Board of Directors in their meeting held on 22nd January, 2007 has approved the above.

UTI Bank and Maruti have joined hands for giving car finance.

Maruti Udyog Ltd on May 07, 2007 the Company has launched SX4 sedan, a bold, muscular and feature-packed car, powered by the global M-series engine and built on a brand new platform.

Maruti Udyog Ltd has informed that Mr. Shinichi Takeuchi, Joint Managing Director was serving the Company's Board in the capacity of nominee director of Suzuki Motor Corporation (SMC), Japan.

Company name has been changed from Maruti Udyog Ltd to Maruti Suzuki India Ltd.

Maruti Suzuki India Ltd has inducted Mr. Kenichi Ayukawa as Additional Director of the Company with effect from July 21, 2008.

Maruti Suzuki Inks agreement with Mundra Port for a mega car

Maruti's exports to Algeria crosses 50,000 units

Registered Office of the Company has been shifted From 11th Floor, Jeevan Prakash Building, Kasturba Gandhi Marg, New Delhi - 110001 To Plot No. 1, Nelson Mandela Marg, Vasant Kunj, New Delhi- 110070.

Maruti Suzuki launches Ritz

Maruti set to launch new MUV

Maruti Suzuki launches Estilo with K-series engine and bold

Maruti begins work on its 'made-in-India' car

Maruti Suzuki launches new SX4 with VVT engine and automatic

Maruti Suzuki has rolled out a its flagship CNG engine technology called 'intelligent-Gas Port Injection' or i-GPI on five popular models.

Maruti Suzuki launched MPV Eeco at Rs 2.59 lakh

Maruti Suzuki India (MSIL) created a record of sorts by reaching the landmark of producing 10-lakh cars in a year.

Maruti Suzuki - Maruti Suzuki launched all-new WagonR - the blue eyed boy

Volkswagen agreed to jointly develop products with Maruti

Maruti sold over 1 lakh cars in May

Maruti Suzuki - Maruti Suzuki launched Alto-K10

Maruti launched new luxury model 'Kizashi'

Maruti Suzuki India, which is the subsidiary of Suzuki Motor Corporation of Japan, has been

able make it to the top in the passenger car market since its foundation in the year 1983

Maruti Suzuki launched diesel variant of SX4

Maruti Swift relaunched at a starting price of Rs 4.22 lakh

Maruti Suzuki unveils the next generation all New Swift

Italy's Fiat and the Japanese Suzuki Motor Corp have inked a deal that would allow Maruti Suzuki India to get one lakh diesel engines.

India's largest car maker Maruti Suzuki India (MSI) launched a new variant of its compact car A-Star priced between Rs 3.67 lakh and Rs 4.47 lakh, costlier by Rs 1,000 from the current price.

Maruti Suzuki launched its new and smaller version of its entry level sedan Swift DZire sedan starting at a price of Rs 4.70 and Rs 7.09 lakh (ex-showroom Delhi)

Chief Minister, Shri Bhupinder Singh Hooda inaugurates Institute of Driving and Traffic Research at Rohtak".

Maruti Suzuki signs land deal with Gujarat Govt; to invest Rs 4,000 cr in 1st phase

Maruti Suzuki invests in new age technologies, adopts tougher environment targets for 2012-2013

Maruti launched new Ritz at Rs 5.31 lakh

Maruti Suzuki acquires 600 acres of land to set up second facility in Gujarat

Maruti Suzuki purchases land for 4th plant in Gujarat

Maruti Suzuki releases new Wagon R model

Maruti Suzuki introduces all new SX4 with improved fuel efficiency Price remains unchanged

Maruti Suzuki's Swift Dzire and Ertiga bag India Design Mark: Good Design Award 2013

Maruti Suzuki introduces "Ertiga Green" CNG model

Maruti Suzuki unveils premium prowess with Concept CIAZ and Global SX4 S-CROSS

Maruti Suzuki announces global debut of ‘Celerio’ with revolutionary Auto Gear Shift

Indian Railways and Maruti Suzuki flag-off India’s First Flexi Deck Auto-Wagon rake

Maruti Suzuki introduces ‘Celerio Green’ with the acclaimed iGPI technology @ Rs 4.68 L

Maruti Suzuki commissions 1MW photovoltaic Solar Power Plant @ Manesar

Maruti Suzuki launches Ertiga Limited Edition to mark sales of 150,000 units

Maruti Suzuki launches special customer connect across its 3500 workshops through "Monsoon Fit Check" to help its customers enhance driving safety.

Maruti Suzuki Green Award for Fuel Efficiency Company bags four titles ast at NDTV Car & Bike Awards 2015

Foundation stone ceremony of vehicle manufacturing plant in Gujarat

Maruti Suzuki launches NEXA: A New Premium Automotive Experience

Maruti Suzuki launches its first premium cross-over, S-CROSS

Maruti Suzuki introduces dual airbags and ABS on base models of Ciaz

Maruti Suzuki India - Global launch of Premium Hatchback Baleno

Maruti Suzuki launches auto gear shift equipped DZire Diesel.

Maruti introduces Alto range with driver side airbag.

Maruti Suzuki Alto touches historic 30 lakh sales milestone.

Suzuki launches India-made Baleno in Japan.

Maruti Suzuki India - Important milestones for Maruti Suzuki's driving training initiatives.

Maruti crosses 15 lakh units milestone in cumulative exports.

Maruti Suzuki Vitara Brezza bags ICOTY 2017 award.

Maruti Suzuki India.launches Ertiga Limited Editio.

Maruti Suzuki inaugurates 4th Water ATM in Manesar, extends reach to 7000 households".

Maruti Suzuki expands best-selling WagonR family with a VXi+ variant".

Maruti Suzuki unveils IGNIS - India’s First Premium Urban Compact vehicle for the Millennials".

Maruti Suzuki India Ltd.approved the scheme of amalgamation of Maruti Suzuki India Limited ('Amalgamated Company') and seven of its wholly owned subsidiary companies, i.e.,(i) Maruti Insurance Business Agency Limited; (ii) Maruti Insurance Distribution Services Limited; (iii) Maruti Insurance Agency Network Limited; (iv) Maruti Insurance Agency Solutions Limited; (v) Maruti Insurance Agency Services Limited; (vi) Maruti Insurance Agency Logistics Limited and (vii) Maruti Insurance Broker Limited ('Amalgamating Companies').

Maruti Suzuki NEXA marks another milestone: 200th showroom inaugurated".

Maruti Suzuki India popular car WagonR scales unique feat of cumulative two-million sales".

Maruti Suzuki Alto wrests back best-selling model tag.

Maruti Suzuki inaugurates 200th NEXA showroom in Hyderabad.

Maruti launches all-new version of Swift.

Maruti Suzuki crosses 20 mn production milestone.

Maruti Suzuki India Limited inaugurated a Centre of Excellence (CoE) at Government Polytechnic, Manesar in Haryana.

All new Maruti Baleno launched.

Maruti launches two CNG variants of WagonR S-CNG.

Maruti Suzuki launches new XL6 multipurpose vehicle.

Maruti Suzuki launches new variant of Alto.

Maruti launches BS VI compliant CNG version of Alto.

Maruti Suzuki ties up with HDB Financial Services for providing car loan.

Maruti ties up with IIMB startup hub for mobility solutions.

Maruti Suzuki launches fifth round of MAIL initiative.

Maruti Suzuki India launches India's most fuel-efficient car 'All-New Celerio'.

Maruti Suzuki achieves record exports in CY 2022; dispatches over 2.6 lakh vehicles globally.

Maruti Suzuki and IIM Calcutta Innovation Park (IIMCIP) to jointly ‘Nurture’ early-stage startups.

Maruti Suzuki India Limited transported over 3.2 lakh vehicles using Indian railways this is the highest-ever dispatch using rail mode by the Company in a calendar year.

Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions.

Maruti Suzuki commenced exports of its premium SUV Grand Vitara to Latin America from the Kamarajar port recently.

Maruti Suzuki had reportedly signed an agreement with Kamarajar Port Limited for the export of passenger vehicles to global markets.

Maruti Suzuki showcases Concept Electric SUV eVX at Auto Expo 2023.