Maruti – the family name of the 90’s is India’s leading passenger vehicle company and formerly known as Maruti Udyog Limited, is a subsidiary of Japanese automobile and motorcycle manufacturer Suzuki. The company has come a lot far from its initial production of the Maruti 800, based on the Suzuki Alto kei car to the latest Premium Hatchback Baleno. Total Investment in the Baleno Model stood at 1100 crore between Maruti and its Vendors. As of 27-Oct-15, the company had received 2500 confirmed bookings and an additional 600 new bookings after the price of the vehicle was disclosed. In February 2012, Maruti Suzuki sold its ten millionth vehicle in India and in May 2015 Maruti Suzuki rolled out its 15 millionth vehicle – a DZire VDi (Chassis No. MA3FJEB1S00740865). The first car, a Maruti 800, had rolled out from the Gurgaon facility in December 1983. The Company has achieved this milestone in 31 years and 5 months.… (Read On…)
[via Capital Mind]
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