Based in Gurgaon, India, Maruti Suzuki India Limited is Suzuki's largest and most valuable subsidiary with an annual production of 626,071 units in 2006.[2] Suzuki has a 54.2% stake in the Indian auto giant and the rest is owned by the various Indian public and financial institutions. The company was incorporated in 1981 and is listed on the Bombay Stock Exchange and National Stock Exchange of India.[3] In 2005-2006, the company had a 54% market share of the passenger car market in India.[4] Nearly 75,000 people are employed directly by Maruti and its partners.
Maruti Suzuki was born as a Government of India company, with Suzuki as a minor partner, to make a people’s car for middle class India. Over the years, the product range has widened, ownership has changed hands and the customer has evolved.
Maruti Suzuki's A-Star
2004 Suzuki XL-7
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