Maruti Suzuki is Indian by birth and Japanese by ownership.
Suzuki took majority control of Maruti Udyog in May 2002 under a revised joint venture agreement with the Government of India, taking up the rights shares the government declined and lifting its holding from 50 percent to 54.2 percent.
Where it sits
Two levels. A figure marks a company boundary crossed; a word means the figure was never published.
Maruti Suzuki
45 years, one owner
The year is coloured by whoever held it at the time.
- 1981 Maruti Udyog Limited, later renamed Maruti Suzuki India Limited, was incorporated in February 1981 as a joint venture between the Government of India and Suzuki Motor Corporation.
- 2002 Suzuki took majority control of Maruti Udyog in May 2002 under a revised joint venture agreement with the Government of India, taking up the rights shares the government declined and lifting its holding from 50 percent to 54.2 percent.
Suzuki
2 marques
One bought majority, run from Hamamatsu: Suzuki controls India’s largest carmaker.
India 1
Maruti Suzuki
Japan 1
Suzuki