Maruti Suzuki India Ltd., formerly Maruti Udyog Limited, a subsidiary of Suzuki Motor Corporation of Japan, is a passenger car company, accounting for over 50% of the domestic car market. The Company has sold over seven million vehicles units n export markets. It has sold 764,842 vehicles during the fiscal year ended March 31, 2008, including 53,024 units of exports. Maruti Suzuki India Ltd. offers 11 models from Maruti 800, Alto, Swift, Wagon R, Estillo and sedans DZire, SX4 and sports utility grand vehicleVitara. It has produced over 500,000 units to Europe and other countries. The Company has two manufacturing facilities in India. The first one is at Gurgaon spread over 300 acres and the other at Manesar, spread over 600 acres in North India. Its facility in Guragoan houses three fully integrated plants. The plant at Manesar is the Company's fourth car assembly plant and started with an initial capacity of 100,000 cars per year.
Maruti Suzuki India Ltd
BOM:532500 ISIN:INE585B01010
News
Asian markets generally opened lower on Friday. The markets gained Thursday as the U.S. plans to help troubled banks boosted financial shares. Hong Kong's benchmark Hang Seng Index jumped 4.6% on the first trading day after the Lunar New Year holiday. In Tokyo, the Nikkei Stock Average of 225 companies gained 1.8% to 8251.24, bringing its three-day advance to 7.4%. Markets in China, Taiwan and Vietnam remain closed for the Lunar New Year holiday.
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