Maruti Suzuki India Limited
The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki MotorCorporation (SMC), Japan in 1982. The Company became a subsidiary of SMC in 2002.It is the market leader in passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC‚Äôs largest subsidiary. SMC currently holds 56.28% of its equity stake.The principal…
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Maruti Suzuki commenced commercial production at its fourth Hansalpur, Gujarat plant, adding 250,000 units/annum. This expands the facility to 1 million units (India's largest single-location PV plant) and total capacity to 2.9 million units/annum. Plant D will initially produce the e VITARA BEV. Total Hansalpur investment is ₹25,288.7 Cr.
Maruti Suzuki commenced production at its second Kharkhoda, Haryana plant, adding 2.5 lakh units/year. This boosts total Kharkhoda capacity to 5 lakh units/year, increasing the company's overall production to 26.5 lakh units/year. This expansion supports growth plans and production of Brezza and Victoris.
Maruti's Board greenlit land acquisition in Khoraj for a 1 million unit capacity boost. This Rs 4960 Cr land and development investment, funded by internal accruals and borrowings, aims to meet rising market demand and exports.
Maruti Suzuki's legal battle with the Competition Commission of India (CCI) in the NCLAT faced another adjournment. The hearing, concerning the CCI's 2021 order (currently under an interim stay), was not taken up. A new hearing date will be notified later. This prolongs the uncertainty surrounding the potential financial implications...
Maruti Suzuki (MSIL) announced its 44th Annual General Meeting will be held through video conferencing. The company has made its Annual Report for FY 2024-25 available online. Shareholders without registered emails have received letters with the web-link to access the report. MSIL encourages investors to update their email addresses for...