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The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, that became the first Japanese automaker, as well as the first major foreign automaker, to invest in India. [8] [9] [10] Maruti opened its first production facility in Gurugram, Haryana, in 1982. [11]
He was the managing director of Maruti Udyog Limited from 1999 to 2007. He first joined Maruti in July 1993 as a director (marketing). [3] He was appointed managing director in 1999 as the government nominee, and reappointed in May 2002 as the Suzuki Motor Corporation (SMC) nominee.
Maruti Suzuki was born as a Government of India-led company named Maruti Udyog Limited, with Suzuki as a minor partner, to make lower priced cars for middle class Indians. Over the years, the product range has widened and ownership has changed hands as the customer has evolved.
In 1982, Suzuki and the Indian government formed a partnership, Maruti Udyog Limited. This venture shifted a market previously characterized by older, technologically outdated vehicles. Within ten years, the Maruti plant became a key Suzuki manufacturing center for the Indian subcontinent and East European, producing around 200,000 units a year.
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Venkataraman Krishnamurthy (14 January 1925 – 26 June 2022) was an Indian civil servant. [1] [2] V. Krishnamurthy is known as the "Father of Public sector undertakings in India" for his leadership and successful contribution in turning around Bharat Heavy Electricals Limited (BHEL), Maruti Udyog Limited (MUL), Steel Authority of India Limited (SAIL), and GAIL (India) Limited (GAIL) into the ...