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Launched in 2002 Maruti Suzuki provides vehicle insurance to its customers with the help of the National Insurance Company, Bajaj Allianz, New India Assurance and Royal Sundaram. The service was set up the company with the inception of two subsidiaries Maruti Insurance Distributors Services Pvt. Ltd and Maruti Insurance Brokers Pvt. Limited. [94]
Uttara Motors Limited, the flagship of the group, is the official distributor of Asia MotorWorks, Bajaj Auto, Force Motors, Isuzu, Maruti Suzuki, Pak Suzuki Motor Corporation Limited, Suzuki Indomobil Motor, SML Isuzu, and Suzuki in Bangladesh. [3] [4] [5]
In FY 2012–13, the insurance broking subsidiary, Mahindra Insurance Brokers Limited (MIBL) crossed the 8,00,000 mark in terms of the policies served. The company's total policies, at the end of 2012–13, stood at 8,39,408 for both life and non-life retail business lines. It reached a total of ₹600 crore gross premium.
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In 1980, TVS 50, India's first two-seater moped rolled out of the factory at Hosur in Tamil Nadu, India. A technical collaboration with the Japanese auto giant Suzuki Ltd. resulted in the joint-venture between Sundaram Clayton Ltd and Suzuki Motor Corporation, in 1987. Commercial production of motorcycles began in 1989. [6] Suzuki relationship
Maruti Suzuki: 1981–present: Suzuki: Founded by the Government of India in 1981 and owned it until 2007. It was sold to the Japanese automaker Suzuki Motor Corporation. BMW India: 2006–present: BMW Group: BMW has a manufacturing unit in Chennai, that began operations in 2007. BMW says that the plant runs on 100 percent green electricity.
The business of general insurance was nationalised through The General Insurance (Emergency) Provisions Ordinance promulgated on 13 May 1971 and thereby the business being carried on by 107 entities was consolidated and restructured into four companies namely The New India Assurance Company Limited, Bombay, United India Fire & General Insurance Company Limited, Madras, Oriental Fire & General ...
Agriculture Insurance Company of India: Insurance Full line insurance New Delhi: 2002 Insurance S A Air Costa: Consumer services Airlines Vijayawada: 2013 Defunct 2017 P D Air India: Consumer services Airlines New Delhi: 1932 Airline, part of Tata Sons: P A Air India Express: Consumer services Airlines Kochi: 2005 Low-cost airline, part of Air ...